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 10-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 |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $33,256 |
NOVA R WEALTH, INC.2 years Service code 27 · EIN 47-1338855 | Advisory (Plan) | $17,626 |
NOVA R WEALTH, INC.1 year Filed as: NOVA R WEALTH INC Service code 27 | Advisory (Plan) | $3 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $34,121 | $104,475-67.3% | $159,436-78.6% | $79,386-57.0% |
| Participation rate | 68.6% | 76.6%-8.0pp | 82.8%-14.3pp | 70.7%-2.1pp |
| Annual return | 35.84% | 67.95%-32.1pp | 263.57%-227.7pp | 116.85%-81.0pp |
| Employer contribution / active EE | $2,020 | $3,417-40.9% | $4,829-58.2% | $2,427-16.8% |
| Participant deferral / active EE | $4,287 | $6,467-33.7% | $7,352-41.7% | $4,046+6.0% |
| Admin fee / account holder | $332 | $711-53.3% | $10,799-96.9% | $626-47.0% |