Filed August 4, 2015
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
NATIONWIDE8 years Filed as: NATIONWIDE LIFE INSURANCE COMPANY Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $21,037 |
BUCKMAN ADVISORY GROUP LLC2 years Service code 27 · EIN 20-1959178 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $77,745 | $61,272+26.9% | $149,673-48.1% | $71,457+8.8% |
| Participation rate | 47.5% | 62.5%-15.0pp | 78.8%-31.3pp | 67.9%-20.5pp |
| Annual return | 17.75% | 35.85%-18.1pp | 134.42%-116.7pp | 28.85%-11.1pp |
| Employer contribution / active EE | $496 | $2,378-79.2% | $4,818-89.7% | $2,588-80.8% |
| Participant deferral / active EE | $3,504 | $2,917+20.1% | $5,680-38.3% | $4,289-18.3% |
| Admin fee / account holder | $329 | $1,261-73.9% | $13,210-97.5% | $1,587-79.3% |