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| Provider | Service type | Compensation |
|---|---|---|
Service code 17 · EIN 13-5674085 | Pension Consulting | $64,929 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $22,605 |
NOVA 401(K) ASSOCIATES3 years Filed as: NOVA 401K ASSOCIATES Service code 49 · EIN 20-1181458 | Other Services | $12,890 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
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.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $244,368 | $61,391+298.0% | $149,723+63.2% | $71,529+241.6% |
| Participation rate | 97.1% | 62.5%+34.6pp | 78.8%+18.3pp | 67.9%+29.2pp |
| Annual return | 12.85% | 35.88%-23.0pp | 134.50%-121.6pp | 28.97%-16.1pp |
| Employer contribution / active EE | $0 | $2,384-100.0% | $4,821-100.0% | $2,590-100.0% |
| Participant deferral / active EE | $5,441 | $2,921+86.3% | $5,682-4.2% | $4,291+26.8% |
| Admin fee / account holder | $712 | $1,264-43.7% | $13,215-94.6% | $1,588-55.2% |