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| Provider | Service type | Compensation |
|---|---|---|
Filed as: IFP ADVISORS INC. DBA INDEPENDENT Service code 27 3030 N ROCKY POINT DR W · TAMPA, FL 33607 | Advisory (Plan) | $28,834 |
NOVA 401(K) ASSOCIATES1 year Service code 13 · EIN 20-1181458 10777 NORTHWEST FREEWAY · HOUSTON, TX 77092 | Contract Administrator | $8,333 |
Service code 64 · EIN 45-2750258 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $5,606 |
Filed as: EMPOWER REITREMENT ADVISORY SERVICE Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $5,127 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $84,842 | $76,551+10.8% | $123,894-31.5% | $62,881+34.9% |
| Participation rate | 75.9% | 73.0%+2.9pp | 81.4%-5.5pp | 69.3%+6.6pp |
| Annual return | 6.03% | 18.68%-12.6pp | 47.52%-41.5pp | 20.14%-14.1pp |
| Employer contribution / active EE | $3,870 | $2,882+34.3% | $4,617-16.2% | $2,281+69.7% |
| Participant deferral / active EE | $6,224 | $4,840+28.6% | $5,984+4.0% | $3,203+94.3% |
| Admin fee / account holder | $104 | $4,826-97.8% | $8,357-98.8% | $4,296-97.6% |