Filed July 23, 2014 (most recent of 3 filings on file)
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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 |
|---|---|---|
TRANSAMERICA RETIREMENT SOLUTIONS10+ years Service code 15 · EIN 13-3689044 | Recordkeeping | $219,090 |
Filed as: PENSIONMARK SECURITIES, LLC Service code 22 · EIN 81-2334025 | Insurance Broker | $82,402 |
NOVA 401(K) ASSOCIATES10+ years Filed as: NOVA 401(K) ASSOCIATES LP Service code 15 · EIN 20-1181458 | Recordkeeping | $50,205 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant 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 | $31,216 | $199,768-84.4% | $69,701-55.2% | $199,768-84.4% |
| Participation rate | 64.9% | 72.0%-7.1pp | 66.4%-1.6pp | 72.0%-7.1pp |
| Annual return | 12.78% | 34.26%-21.5pp | 100.32%-87.5pp | 34.26%-21.5pp |
| Employer contribution / active EE | $3,505 | $3,037+15.4% | $1,713+104.6% | $3,037+15.4% |
| Participant deferral / active EE | $1,268 | $5,090-75.1% | $2,887-56.1% | $5,090-75.1% |
| Admin fee / account holder | $145 | $269-46.2% | $4,717-96.9% | $269-46.2% |