Filed March 17, 2005
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 7-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION2 years Filed as: LINCOLN RETIREMENT SERVICES Service code 26 · EIN 35-0472300 | Advisory (Participants) | $29,430 |
NOVA 401(K) ASSOCIATES2 years Service code 15 · EIN 20-1181458 | Recordkeeping | $6,546 |
BOWMAN & COMPANY LLP1 year Filed as: BOWMAN LLP Service code 10 · EIN 21-0658561 | Accounting | $3,140 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $15,940 | $52,626-69.7% | $98,442-83.8% | $93,030-82.9% |
| Participation rate | 25.1% | 65.3%-40.3pp | 73.3%-48.2pp | 73.9%-48.8pp |
| Annual return | 17.40% | 16.95%+0.5pp | 1492.73%-1475.3pp | 158.70%-141.3pp |
| Employer contribution / active EE | $287 | $1,894-84.8% | $2,960-90.3% | $2,706-89.4% |
| Participant deferral / active EE | $1,004 | $2,907-65.5% | $4,276-76.5% | $4,562-78.0% |
| Admin fee / account holder | $90 | $102-11.6% | $5,949-98.5% | $152-40.4% |