See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 36-6071399 | Recordkeeping | $127,670 |
Filed as: RAYMOND JAMES AND ASSOCIATES INC Service code 27 · EIN 59-1237041 | Advisory (Plan) | $33,127 |
TEMPLETON & COMPANY LLP4 years Service code 10 · EIN 14-1918990 | Accounting | $24,000 |
Service code 14 · EIN 46-2919997 | Plan Administrator | $10,702 |
NOVA 401(K) ASSOCIATES4 years Filed as: NOVA 401(K) ASSOCIATES LP Service code 15 · EIN 20-1181458 | Recordkeeping | $10,624 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $42,888 | $47,722-10.1% | $82,719-48.2% | $64,808-33.8% |
| Participation rate | 37.8% | 67.6%-29.9pp | 72.6%-34.8pp | 71.5%-33.7pp |
| Annual return | -47.74% | -13.05%-34.7pp | 701.18%-748.9pp | 32.82%-80.6pp |
| Employer contribution / active EE | $920 | $2,179-57.8% | $3,009-69.4% | $2,506-63.3% |
| Participant deferral / active EE | $1,797 | $3,329-46.0% | $4,395-59.1% | $4,310-58.3% |
| Admin fee / account holder | $672 | $143+370.4% | $5,329-87.4% | $188+258.0% |