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 64 | Recordkeeping Fees | $11,828 |
NOVA 401(K) ASSOCIATES3+ years Service code 13 | Contract Administrator | $6,240 |
Filed as: EMPOWER RETIREMENT ADVISORY SERVICE Service code 28 | Investment Management | $1,861 |
Participant contribution per participant 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.
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 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 | $2,619 | $36,767-92.9% | $81,478-96.8% | $62,292-95.8% |
| Participation rate | 84.9% | 54.4%+30.4pp | 68.0%+16.9pp | 69.5%+15.4pp |
| Annual return | 14.69% | 173.80%-159.1pp | 38.78%-24.1pp | 28.90%-14.2pp |
| Employer contribution / active EE | $2,156 | $1,128+91.1% | $2,568-16.0% | $2,042+5.6% |
| Participant deferral / active EE | $530 | $2,111-74.9% | $3,537-85.0% | $3,169-83.3% |
| Admin fee / account holder | $37 | $797-95.4% | $4,561-99.2% | $479-92.4% |