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| Provider | Service type | Compensation |
|---|---|---|
NATIONWIDE4+ years Service code 13 · EIN 31-1592130 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Contract Administrator | $12,052 |
Filed as: CBIZ FINANCIAL SOLUTIONS, INC. Service code 99 · EIN 52-1396995 DBA CBIZ RETIREMENT PLAN ADVISOR · CINCINNATI, OH 45264 | Other Fees | $11,977 |
MGKS1 year Service code 15 · EIN 86-1001235 6530 N 16TH STREET · PHOENIX, AZ 85016 | Recordkeeping | $8,919 |
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 | $19,052 | $47,977-60.3% | $154,108-87.6% | $56,289-66.2% |
| Participation rate | 68.8% | 66.2%+2.6pp | 83.0%-14.3pp | 69.9%-1.1pp |
| Annual return | -6.85% | 3.54%-10.4pp | 735.21%-742.1pp | -9.96%+3.1pp |
| Employer contribution / active EE | $1,270 | $2,169-41.4% | $5,298-76.0% | $2,111-39.8% |
| Participant deferral / active EE | $3,094 | $2,392+29.3% | $5,081-39.1% | $3,350-7.7% |
| Admin fee / account holder | $103 | $438-76.5% | $13,411-99.2% | $521-80.3% |