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| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA FINANCIAL LIFE INSURAN Service code 15 · EIN 36-6071399 | Recordkeeping | $16,227 |
NOVA 401(K) ASSOCIATES2+ years Filed as: NOVA 401(K) ASSOCIATES LP Service code 15 · EIN 20-1181458 | Recordkeeping | $7,396 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $27,643 | $37,044-25.4% | $71,796-61.5% | $57,658-52.1% |
| Participation rate | 94.8% | 61.1%+33.7pp | 69.1%+25.7pp | 70.2%+24.6pp |
| Annual return | 5.75% | 12.64%-6.9pp | 78.04%-72.3pp | 5.13%+0.6pp |
| Employer contribution / active EE | $1,210 | $720+68.0% | $1,924-37.1% | $1,974-38.7% |
| Participant deferral / active EE | $3,798 | $1,974+92.4% | $2,794+35.9% | $3,061+24.1% |
| Admin fee / account holder | $55 | $101-45.1% | $4,815-98.8% | $95-41.4% |