Filed October 24, 2022
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| Provider | Service type | Compensation |
|---|---|---|
Service code 26 · EIN 71-0294708 | Advisory (Participants) | $63,438 |
NOVA 401(K) ASSOCIATES4 years Filed as: NOVA 401K ASSOCIATES Service code 49 · EIN 20-1181458 | Other Services | $33,657 |
Filed as: VOYA FINANCIAL ADVISORS Service code 99 | Other Fees | $24,279 |
Filed as: VOYA FINANCIAL ADVISORS, INC. Service code 99 · EIN 41-0945505 | Other Fees | $13,722 |
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $47,283 | $73,404-35.6% | $87,104-45.7% | $67,579-30.0% |
| Participation rate | 81.2% | 80.9%+0.4pp | 76.9%+4.4pp | 71.3%+10.0pp |
| Annual return | 19.59% | 48.29%-28.7pp | 28.19%-8.6pp | 378.56%-359.0pp |
| Employer contribution / active EE | $1,984 | $2,014-1.5% | $2,521-21.3% | $2,148-7.6% |
| Participant deferral / active EE | $2,980 | $3,913-23.8% | $4,048-26.4% | $3,539-15.8% |
| Admin fee / account holder | $260 | $142+83.7% | $7,491-96.5% | $142+82.8% |