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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 13-3689044 | Recordkeeping | $44,726 |
CAPFINANCIAL PARTNERS LLC2 years Service code 27 · EIN 26-0058143 | Advisory (Plan) | $39,807 |
NOVA 401(K) ASSOCIATES4 years Filed as: NOVA 401(K) ASSOCIATES LP Service code 15 · EIN 20-1181458 | Recordkeeping | $24,081 |
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.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $80,991 | $65,092+24.4% | $143,799-43.7% | $66,938+21.0% |
| Participation rate | 66.3% | 65.2%+1.0pp | 80.3%-14.1pp | 69.8%-3.6pp |
| Annual return | -17.04% | -11.14%-5.9pp | -0.04%-17.0pp | 1.58%-18.6pp |
| Employer contribution / active EE | $4,396 | $2,362+86.2% | $4,952-11.2% | $2,545+72.7% |
| Participant deferral / active EE | $3,209 | $2,920+9.9% | $5,638-43.1% | $4,238-24.3% |
| Admin fee / account holder | $644 | $502+28.2% | $14,677-95.6% | $594+8.5% |