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| Provider | Service type | Compensation |
|---|---|---|
Service code 27 24 E COTA ST · SANTA BARBARA, CA 93101 | Advisory (Plan) | $32,289 |
NOVA 401(K) ASSOCIATES2 years Service code 13 · EIN 20-1181458 10777 NORTHWEST FREEWAY · HOUSTON, TX 77092 | Contract Administrator | $10,950 |
Filed as: EMPOWER REITREMENT ADVISORY SERVICE Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $7,431 |
Service code 64 · EIN 45-2750258 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $5,536 |
Annual investment return is in the bottom quintile of the peer cohort.
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 | $102,336 | $85,766+19.3% | $136,298-24.9% | $70,126+45.9% |
| Participation rate | 71.3% | 74.2%-2.9pp | 81.9%-10.7pp | 69.5%+1.7pp |
| Annual return | 13.38% | 31.46%-18.1pp | 5156.27%-5142.9pp | 73.15%-59.8pp |
| Employer contribution / active EE | $2,949 | $2,966-0.6% | $4,696-37.2% | $2,343+25.9% |
| Participant deferral / active EE | $5,714 | $5,051+13.1% | $6,247-8.5% | $3,332+71.5% |
| Admin fee / account holder | $134 | $5,421-97.5% | $9,244-98.5% | $4,645-97.1% |