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| Provider | Service type | Compensation |
|---|---|---|
Service code 27 1400 AMERICAN BLVD BLDG #4 · PENNINGTON, NJ 08534 | Advisory (Plan) | $25,190 |
NOVA 401(K) ASSOCIATES2 years Service code 13 10777 NORTHWEST FREEWAY · HOUSTON, TX 77092 | Contract Administrator | $9,595 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $21,778 | $66,486-67.2% | $81,370-73.2% | $77,762-72.0% |
| Participation rate | 77.3% | 68.7%+8.6pp | 69.5%+7.8pp | 70.6%+6.7pp |
| Annual return | 11.34% | 15.95%-4.6pp | 24.85%-13.5pp | 31.27%-19.9pp |
| Employer contribution / active EE | $0 | $2,158-100.0% | $2,464-100.0% | $2,728-100.0% |
| Participant deferral / active EE | $2,018 | $3,677-45.1% | $3,885-48.1% | $4,651-56.6% |
| Admin fee / account holder | $172 | $586-70.6% | $5,749-97.0% | $433-60.2% |