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 7-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 |
|---|---|---|
Filed as: TRANSAMERICA LIFE INSURANCE COMPANY Service code 15 · EIN 39-0989781 | Recordkeeping | $52,429 |
NOVA 401(K) ASSOCIATES3 years Filed as: NOVA 401(K) ASSOCIATES LP Service code 15 · EIN 20-1181458 | Recordkeeping | $6,456 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $25,422 | $80,724-68.5% | $103,333-75.4% | $74,495-65.9% |
| Participation rate | 68.3% | 65.7%+2.6pp | 74.5%-6.2pp | 67.2%+1.1pp |
| Annual return | 12.40% | 27.56%-15.2pp | 24.88%-12.5pp | 1364.94%-1352.5pp |
| Employer contribution / active EE | $1,346 | $3,157-57.4% | $3,868-65.2% | $2,623-48.7% |
| Participant deferral / active EE | $3,650 | $3,860-5.4% | $5,057-27.8% | $4,346-16.0% |
| Admin fee / account holder | $285 | $2,368-88.0% | $8,355-96.6% | $1,942-85.3% |