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| Provider | Service type | Compensation |
|---|---|---|
NATIONWIDE8+ years Filed as: NATIONWIDE TRUST COMPANY Service code 15 · EIN 31-1592130 | Recordkeeping | $39,297 |
RPW SOLUTIONS LLC1 year Filed as: RPW SOLUTIONS, LLC. Service code 13 300 BALLARDVALE STREET · WILMINGTON, MA 01887 | Contract Administrator | $25,599 |
Filed as: GLOBAL RETIREMENT PARTNERS, LLC. Service code 33 4340 REDWOOD HWY #B-60 · SAN RAPHAEL, CA 94903 | Other fees; Securities brokerage | $20,908 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $46,635 | $72,303-35.5% | $86,698-46.2% | $64,824-28.1% |
| Participation rate | 53.3% | 80.4%-27.1pp | 76.6%-23.2pp | 71.5%-18.1pp |
| Annual return | -15.56% | 392.77%-408.3pp | 35.96%-51.5pp | 32.84%-48.4pp |
| Employer contribution / active EE | $785 | $2,393-67.2% | $2,837-72.3% | $2,507-68.7% |
| Participant deferral / active EE | $2,093 | $4,660-55.1% | $4,656-55.1% | $4,311-51.5% |
| Admin fee / account holder | $202 | $174+16.3% | $7,492-97.3% | $188+7.7% |