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| Provider | Service type | Compensation |
|---|---|---|
Service code 17 · EIN 13-5674085 | Pension Consulting | $63,415 |
PRINCIPAL LIFE INSURANCE COMPANY10+ years Service code 13 · EIN 42-0127290 | Contract Administrator | $25,137 |
NOVA 401(K) ASSOCIATES5 years Filed as: NOVA 401K ASSOCIATES Service code 49 · EIN 20-1181458 | Other Services | $12,526 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $218,919 | $45,343+382.8% | $150,298+45.7% | $67,986+222.0% |
| Participation rate | 100.0% | 51.9%+48.1pp | 77.8%+22.2pp | 57.2%+42.8pp |
| Annual return | 14.50% | 33.28%-18.8pp | 62.79%-48.3pp | 31.67%-17.2pp |
| Employer contribution / active EE | $9,253 | $1,462+533.0% | $4,154+122.8% | $2,019+358.4% |
| Participant deferral / active EE | $5,997 | $2,055+191.9% | $5,453+10.0% | $3,358+78.6% |
| Admin fee / account holder | $642 | $2,250-71.5% | $14,116-95.5% | $3,203-80.0% |