Filed October 24, 2022
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
CETERA ADVISOR NETWORKS LLC3 years Filed as: CETERA ADVISOR NETWORKS Service code 99 · EIN 95-3845382 | Other Fees | $35,460 |
NOVA 401(K) ASSOCIATES3 years Service code 49 · EIN 20-1181458 | Other Services | $33,207 |
Filed as: VOYA RETIREMENT ADVISORS, LLC Service code 26 · EIN 02-0488491 | Advisory (Participants) | $8,387 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $55,179 | $89,123-38.1% | $102,460-46.1% | $77,762-29.0% |
| Participation rate | 88.0% | 80.9%+7.1pp | 76.5%+11.5pp | 70.6%+17.4pp |
| Annual return | 12.53% | 25.05%-12.5pp | 29.47%-16.9pp | 31.27%-18.7pp |
| Employer contribution / active EE | $2,608 | $2,700-3.4% | $3,025-13.8% | $2,728-4.4% |
| Participant deferral / active EE | $3,995 | $5,148-22.4% | $5,056-21.0% | $4,651-14.1% |
| Admin fee / account holder | $398 | $236+68.8% | $9,460-95.8% | $433-8.0% |