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 LLC2 years Filed as: CETERA ADVISOR NETWORKS Service code 99 · EIN 41-0945505 | Other Fees | $34,167 |
NOVA 401(K) ASSOCIATES2 years Service code 17 · EIN 20-1181458 | Pension Consulting | $29,072 |
MORNINGSTAR2 years Service code 27 | Advisory (Plan) | $2,991 |
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 | $47,042 | $99,168-52.6% | $96,534-51.3% | $74,460-36.8% |
| Participation rate | 86.4% | 80.7%+5.7pp | 76.0%+10.4pp | 70.7%+15.7pp |
| Annual return | 16.62% | 22.40%-5.8pp | 25.88%-9.3pp | 34.38%-17.8pp |
| Employer contribution / active EE | $2,646 | $2,570+3.0% | $2,965-10.8% | $2,638+0.3% |
| Participant deferral / active EE | $4,058 | $4,936-17.8% | $4,851-16.4% | $4,530-10.4% |
| Admin fee / account holder | $308 | $225+37.2% | $8,253-96.3% | $348-11.3% |