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| Provider | Service type | Compensation |
|---|---|---|
NOVA 401(K) ASSOCIATES1 year Service code 17 | Pension Consulting | $6,008 |
NOVA 401(K) ASSOCIATES2 years Filed as: NOVA 401(K) ASSOCIATES LP Service code 17 · EIN 20-1181458 10777 NW FREEWAY · HOUSTON, TX 77092 | Pension Consulting | $2,250 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $23,441 | $56,503-58.5% | $69,884-66.5% | $64,819-63.8% |
| Participation rate | 55.8% | 70.5%-14.7pp | 70.5%-14.7pp | 71.5%-15.7pp |
| Annual return | -14.07% | -13.44%-0.6pp | 190.81%-204.9pp | 32.84%-46.9pp |
| Employer contribution / active EE | $1,251 | $2,046-38.8% | $2,560-51.1% | $2,507-50.1% |
| Participant deferral / active EE | $2,222 | $3,389-34.4% | $3,848-42.3% | $4,311-48.5% |
| Admin fee / account holder | $175 | $160+9.4% | $6,266-97.2% | $188-6.6% |