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 |
|---|---|---|
NOVA 401(K) ASSOCIATES4 years Filed as: NOVA 401(K) ASSOCIATES LP Service code 15 · EIN 20-1181458 | Recordkeeping | $7,427 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $49,437 | $53,053-6.8% | $126,539-60.9% | $74,304-33.5% |
| Participation rate | 44.9% | 48.0%-3.1pp | 69.8%-24.9pp | 60.3%-15.4pp |
| Annual return | 14.30% | 29.46%-15.2pp | 425.95%-411.6pp | 29.43%-15.1pp |
| Employer contribution / active EE | $1,537 | $1,168+31.6% | $3,674-58.2% | $2,241-31.4% |
| Participant deferral / active EE | $3,851 | $2,303+67.2% | $4,083-5.7% | $3,767+2.2% |
| Admin fee / account holder | $74 | $3,698-98.0% | $6,065-98.8% | $2,969-97.5% |