Filed August 21, 2019
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| Provider | Service type | Compensation |
|---|---|---|
NATIONWIDE9+ years Service code 15 · EIN 31-4156830 | Recordkeeping | $37,052 |
AB FUNDS9+ years Filed as: AB&D CO Service code 13 · EIN 54-1703353 | Contract Administrator | $6,903 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $10,017 | $83,884-88.1% | $64,097-84.4% | $74,473-86.6% |
| Participation rate | 92.8% | 76.6%+16.2pp | 72.3%+20.5pp | 70.7%+22.0pp |
| Annual return | 16.16% | 16.57%-0.4pp | 33.75%-17.6pp | 34.36%-18.2pp |
| Employer contribution / active EE | $1,394 | $3,084-54.8% | $2,750-49.3% | $2,638-47.2% |
| Participant deferral / active EE | $878 | $3,692-76.2% | $3,881-77.4% | $4,530-80.6% |
| Admin fee / account holder | $106 | $196-46.2% | $3,070-96.6% | $347-69.6% |