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| Provider | Service type | Compensation |
|---|---|---|
NATIONWIDE4+ years Service code 64 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping Fees | $34,032 |
LPL FINANCIAL4+ years Service code 27 ATTN COMMISSIONS DEPT · SAN DIEGO, CA 92121 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $43,924 | $89,364-50.8% | $141,177-68.9% | $72,983-39.8% |
| Participation rate | 59.4% | 75.1%-15.7pp | 82.5%-23.1pp | 69.5%-10.1pp |
| Annual return | 27.84% | 111.86%-84.0pp | 71.40%-43.6pp | 81.01%-53.2pp |
| Employer contribution / active EE | $3,177 | $3,115+2.0% | $4,736-32.9% | $2,440+30.2% |
| Participant deferral / active EE | $5,713 | $5,419+5.4% | $6,710-14.9% | $3,608+58.4% |
| Admin fee / account holder | $28 | $5,959-99.5% | $10,263-99.7% | $5,124-99.5% |