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| Provider | Service type | Compensation |
|---|---|---|
NATIONWIDE7 years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $16,581 |
Filed as: MML INVESTORS SERVICES Service code 26 PO BOX 8089 · BOSTON, MA 02266 | Advisory (Participants) | $12,865 |
Filed as: ASSOCIATED PENSION CONSULTANTS, INC Service code 14 · EIN 11-3271022 | Plan Administrator | $1,020 |
IRON-CO-FID-COMPREHENSIVE7 years Filed as: IRON-CO-FID-3(21) Service code 31 · EIN 26-2409128 | Named fiduciary | $858 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $84,029 | $101,795-17.5% | $165,100-49.1% | $80,959+3.8% |
| Participation rate | 84.8% | 71.8%+13.0pp | 78.6%+6.2pp | 67.7%+17.2pp |
| Annual return | 14.47% | 16.73%-2.3pp | 70.21%-55.7pp | 35.67%-21.2pp |
| Employer contribution / active EE | $0 | $2,954-100.0% | $4,348-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $7,276 | $4,476+62.6% | $6,035+20.6% | $4,300+69.2% |
| Admin fee / account holder | $569 | $8,221-93.1% | $12,696-95.5% | $6,925-91.8% |