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| Provider | Service type | Compensation |
|---|---|---|
NOVA 401(K) ASSOCIATES10+ years Service code 13 10777 NW FREEWAY · HOUSTON, TX 77092 | Contract Administrator | $8,078 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $95,201 | $45,123+111.0% | $85,240+11.7% | $74,478+27.8% |
| Participation rate | 64.9% | 49.4%+15.6pp | 67.5%-2.6pp | 67.2%-2.3pp |
| Annual return | 12.24% | 26.32%-14.1pp | 66.75%-54.5pp | 1370.56%-1358.3pp |
| Employer contribution / active EE | $2,588 | $1,459+77.4% | $2,735-5.4% | $2,626-1.5% |
| Participant deferral / active EE | $7,200 | $2,736+163.2% | $4,527+59.1% | $4,350+65.5% |
| Admin fee / account holder | $31 | $2,215-98.6% | $6,165-99.5% | $1,946-98.4% |