See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
Service code 99 | Other Fees | $4,874 |
NOVA 401(K) ASSOCIATES1 year Service code 49 | Other Services | $2,592 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $25,023 | $43,133-42.0% | $89,391-72.0% | $73,488-65.9% |
| Participation rate | 7.5% | 55.0%-47.5pp | 68.0%-60.5pp | 70.7%-63.2pp |
| Annual return | 13.70% | 135.66%-122.0pp | 245.62%-231.9pp | 28.51%-14.8pp |
| Employer contribution / active EE | $223 | $1,438-84.5% | $2,586-91.4% | $2,270-90.2% |
| Participant deferral / active EE | $285 | $2,445-88.3% | $3,890-92.7% | $3,740-92.4% |
| Admin fee / account holder | $252 | $444-43.3% | $4,881-94.8% | $513-51.0% |