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| Provider | Service type | Compensation |
|---|---|---|
NOVA 401(K) ASSOCIATES1 year Service code 49 | Other Services | $26,467 |
Service code 99 · EIN 86-0820414 | Other Fees | $6,363 |
MORNINGSTAR1 year Service code 27 | Advisory (Plan) | $5,774 |
Service code 99 | Other Fees | $1,803 |
WORLD EQUITY GROUP INC1 year Filed as: WORLD EQUITY GROUP, INC Service code 99 | Other Fees | $151 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $45,623 | $40,278+13.3% | $80,669-43.4% | $80,187-43.1% |
| Participation rate | 45.5% | 47.5%-2.0pp | 67.0%-21.5pp | 72.9%-27.4pp |
| Annual return | 3.92% | 50.86%-46.9pp | 937.61%-933.7pp | 40.40%-36.5pp |
| Employer contribution / active EE | $1,001 | $1,332-24.9% | $2,724-63.3% | $2,980-66.4% |
| Participant deferral / active EE | $2,644 | $2,696-1.9% | $4,444-40.5% | $5,016-47.3% |
| Admin fee / account holder | $147 | $210-30.2% | $5,384-97.3% | $145+1.3% |