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 |
|---|---|---|
NOVA 401(K) ASSOCIATES3 years Service code 13 · EIN 20-1181458 | Contract Administrator | $14,221 |
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.)
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $67,075 | $42,353+58.4% | $79,550-15.7% | $64,808+3.5% |
| Participation rate | 51.5% | 64.8%-13.3pp | 69.5%-18.0pp | 71.5%-20.0pp |
| Annual return | -16.73% | -12.24%-4.5pp | 0.16%-16.9pp | 32.82%-49.6pp |
| Employer contribution / active EE | $736 | $1,181-37.7% | $2,413-69.5% | $2,506-70.6% |
| Participant deferral / active EE | $2,728 | $3,170-14.0% | $3,985-31.5% | $4,310-36.7% |
| Admin fee / account holder | $419 | $160+162.8% | $6,832-93.9% | $188+123.3% |