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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 | $75,058+40.6% | $152,301-30.7% | $64,340+64.0% |
| Participation rate | 84.3% | 60.9%+23.4pp | 82.4%+1.8pp | 55.2%+29.0pp |
| Annual return | 6.30% | 29.93%-23.6pp | 80.50%-74.2pp | 24.14%-17.8pp |
| Employer contribution / active EE | $4,556 | $2,605+74.9% | $4,624-1.5% | $1,862+144.8% |
| Participant deferral / active EE | $8,267 | $5,041+64.0% | $8,004+3.3% | $2,980+177.4% |
| Admin fee / account holder | $330 | $4,050-91.9% | $14,398-97.7% | $3,703-91.1% |