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) ASSOCIATES1 year Filed as: NOVA 401K ASSOCIATES Service code 17 · EIN 20-1181458 | Pension Consulting | $15,437 |
Filed as: MERRILL LYNCH PIERCE FENNER SMITH Service code 26 · EIN 13-5674085 | Advisory (Participants) | $6,424 |
Filed as: MASS MUTUAL LIFE INSURANCE COMPANY Service code 15 · EIN 04-1590850 | Recordkeeping | $1,358 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $118,192 | $69,362+70.4% | $101,248+16.7% | $73,488+60.8% |
| Participation rate | 58.6% | 68.4%-9.8pp | 75.8%-17.2pp | 70.7%-12.1pp |
| Annual return | 13.44% | 18.46%-5.0pp | 46.47%-33.0pp | 28.51%-15.1pp |
| Employer contribution / active EE | $2,204 | $2,628-16.1% | $3,660-39.8% | $2,270-2.9% |
| Participant deferral / active EE | $2,621 | $3,300-20.6% | $4,370-40.0% | $3,740-29.9% |
| Admin fee / account holder | $207 | $704-70.5% | $5,945-96.5% | $513-59.6% |