See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH PIERCE FENNER SMITH Service code 27 · EIN 13-5674085 | Advisory (Plan) | $67,068 |
NOVA 401(K) ASSOCIATES9+ years Service code 13 | Contract Administrator | $12,716 |
NOVA 401(K) ASSOCIATES3 years Filed as: NOVA 401K ASSOCIATES Service code 13 · EIN 20-1181458 | Contract Administrator | $4,625 |
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.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $100,820 | $91,407+10.3% | $135,903-25.8% | $71,457+41.1% |
| Participation rate | 98.7% | 75.7%+23.1pp | 81.9%+16.8pp | 67.9%+30.8pp |
| Annual return | 15.40% | 29.90%-14.5pp | 68.23%-52.8pp | 28.85%-13.4pp |
| Employer contribution / active EE | $2,591 | $3,703-30.0% | $4,856-46.6% | $2,588+0.1% |
| Participant deferral / active EE | $7,403 | $7,092+4.4% | $7,758-4.6% | $4,289+72.6% |
| Admin fee / account holder | $410 | $1,266-67.6% | $10,762-96.2% | $1,587-74.2% |