Overview

Plan Rating

BrightScope Rating
53
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (43)
Average in Peer Group (58)
Highest in Peer Group (80)

Plan Description

Novus, Inc. Cash or Deferred Arrangement Profit Sharing Plan is a defined contribution plan with a profit-sharing component. This plan has a BrightScope Rating of 53. Novus, Inc. Cash or Deferred Arrangement Profit Sharing Plan currently has over 400 active participants and over $8.4M in plan assets.

Did you know?

For the average 401k participant, the 27 point difference between this plan's BrightScope Rating (53) and the top rated plan (80) could equate to:
11
Additional years of work
202,646
Lost Savings
*The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2017
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address Calle Cubitas #655
  • Location
    Guaynabo , PR
  • 00936-2802
  • Industry
    Shoe Stores
  • Administrator
    Irma Perez-Labiosa
  • Net Plan Assets
    $8,390,000
  • Total Participants
    500
  • Avg Account Balance
    $20,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Average Fees
Company Generosity:
Below Avg.

Performance

Participation Rate:
Average
Salary Deferrals:
Poor
Account Balance:
Below Avg.

Design

Total Plan Cost:
Average Fees
Company Generosity:
Average

Performance

Participation Rate:
Average
Salary Deferrals:
Poor
Account Balance:
Below Avg.

Peer Group Plans

Company Rating
Shoes for Crews LLC 71.9
Vince Holding 67.6
Rogan Shoes 59.7
Venus Fashion 59.2
Tradehome Shoe Stores 51.8
H.H. Brown Shoe Company 51.1
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Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

26

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
AMG Yacktman 31%
N/A
Federated Government Obligations 15%
62%
AIG Focused Dividend Strategy 10%
67%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Recordkeeper
Benefit Plans Administrative Service (BPAS)
Corporate Trustee
UBS Financial Services, Inc.
Investment Adviser
UBS Financial Services, Inc.
Auditor
Francisco Garrido

Articles and Questions

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