Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 9-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 13-3689044 | Recordkeeping | $46,626 |
NOVA 401(K) ASSOCIATES1 year Filed as: NOVA 401(K) ASSOCIATES LP Service code 15 · EIN 20-1181458 | Recordkeeping | $19,983 |
Filed as: BANK OF AMERICA NA Service code 27 · EIN 13-5674085 | Advisory (Plan) | $12,539 |
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.)
Annual investment return 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).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $32,759 | $79,223-58.6% | $102,460-68.0% | $74,478-56.0% |
| Participation rate | 39.7% | 74.8%-35.0pp | 76.5%-36.8pp | 67.2%-27.5pp |
| Annual return | -25.16% | 54.98%-80.1pp | 29.47%-54.6pp | 1370.56%-1395.7pp |
| Employer contribution / active EE | $1,307 | $2,363-44.7% | $3,025-56.8% | $2,626-50.2% |
| Participant deferral / active EE | $5,221 | $4,417+18.2% | $5,056+3.3% | $4,350+20.0% |
| Admin fee / account holder | $747 | $2,003-62.7% | $9,460-92.1% | $1,946-61.6% |