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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 15 · EIN 04-1590850 | Recordkeeping | $1,226 |
NOVA 401(K) ASSOCIATES1+ years Service code 17 · EIN 20-1181458 | Pension Consulting | $0 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $48,642 | $70,002-30.5% | $115,038-57.7% | $52,331-7.0% |
| Participation rate | 93.9% | 72.1%+21.8pp | 81.4%+12.5pp | 68.1%+25.8pp |
| Annual return | 0.61% | 4.04%-3.4pp | 26.14%-25.5pp | 4.54%-3.9pp |
| Employer contribution / active EE | $1,853 | $2,715-31.8% | $4,608-59.8% | $1,882-1.6% |
| Participant deferral / active EE | $4,842 | $4,920-1.6% | $6,026-19.7% | $3,022+60.2% |
| Admin fee / account holder | $4 | $566-99.2% | $8,175-99.9% | $592-99.2% |