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| Provider | Service type | Compensation |
|---|---|---|
NATIONWIDE1+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $24,580 |
CAMBRIDGE INVESTMENT RESEARCH1+ years Service code 27 1776 PLEASANT PLAIN RD · FAIRFIELD, IA 525568757 | Advisory (Plan) | $7,069 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $15,983 | $46,360-65.5% | $147,618-89.2% | $52,331-69.5% |
| Participation rate | 57.4% | 64.9%-7.5pp | 84.6%-27.2pp | 68.1%-10.7pp |
| Annual return | -2.31% | 1.62%-3.9pp | 61.98%-64.3pp | 4.54%-6.9pp |
| Employer contribution / active EE | $891 | $2,126-58.1% | $5,565-84.0% | $1,882-52.6% |
| Participant deferral / active EE | $938 | $2,258-58.4% | $4,895-80.8% | $3,022-69.0% |
| Admin fee / account holder | $215 | $766-71.9% | $11,612-98.1% | $592-63.6% |