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| Provider | Service type | Compensation |
|---|---|---|
NATIONWIDE5+ years Service code 15 · EIN 91-1918299 HOME OFFICE · COLUMBUS, OH 432152220 | Recordkeeping | $39,095 |
PROFESSIONAL BENEFIT SERVICES5+ years Service code 49 · EIN 93-0998477 1193 ROYVONNE SE, SUITE 22 · SALEM, OR 97302 | Other Services | $9,860 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $11,726 | $62,928-81.4% | $172,753-93.2% | $67,582-82.6% |
| Participation rate | 51.0% | 64.5%-13.5pp | 82.6%-31.7pp | 71.3%-20.3pp |
| Annual return | 19.90% | 30.36%-10.5pp | 803.00%-783.1pp | 378.57%-358.7pp |
| Employer contribution / active EE | $820 | $1,636-49.9% | $5,144-84.1% | $2,148-61.8% |
| Participant deferral / active EE | $1,143 | $2,145-46.7% | $5,198-78.0% | $3,539-67.7% |
| Admin fee / account holder | $50 | $167-69.7% | $13,956-99.6% | $142-64.5% |