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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $56,608 |
Service code 27 · EIN 47-1411118 | Advisory (Plan) | $37,526 |
NOVA 401(K) ASSOCIATES2 years Service code 13 · EIN 20-1181458 | Contract Administrator | $16,777 |
Filed as: ALERA INVESTMENT ADVISORS, LLC Service code 27 · EIN 82-1301701 | Advisory (Plan) | $7,290 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $105,518 | $76,642+37.7% | $146,866-28.2% | $65,306+61.6% |
| Participation rate | 84.3% | 61.2%+23.0pp | 82.5%+1.8pp | 57.7%+26.6pp |
| Annual return | 6.30% | 33.40%-27.1pp | 102.85%-96.6pp | 21.94%-15.6pp |
| Employer contribution / active EE | $4,556 | $2,621+73.9% | $4,425+3.0% | $1,967+131.6% |
| Participant deferral / active EE | $8,267 | $4,864+70.0% | $7,759+6.5% | $2,959+179.3% |
| Admin fee / account holder | $330 | $3,960-91.7% | $13,620-97.6% | $3,480-90.5% |