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| Provider | Service type | Compensation |
|---|---|---|
NATIONWIDE3+ years Filed as: NATIONWIDE INSURANCE Service code 15 · EIN 31-4156830 | Recordkeeping | $39,918 |
Filed as: AMERIPRISE FINANCIAL SERVICES Service code 50 50082 AMERIPRISE FINANCIAL CTR · MINNEAPOLIS, MN 55474 | Direct Payment | $0 |
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 | $14,424 | $69,305-79.2% | $82,313-82.5% | $69,631-79.3% |
| Participation rate | 71.6% | 80.3%-8.6pp | 76.9%-5.3pp | 70.7%+1.0pp |
| Annual return | 17.72% | 21.47%-3.7pp | 25.88%-8.2pp | 27571.02%-27553.3pp |
| Employer contribution / active EE | $1,129 | $1,887-40.2% | $2,428-53.5% | $2,032-44.5% |
| Participant deferral / active EE | $1,944 | $3,568-45.5% | $3,706-47.5% | $3,224-39.7% |
| Admin fee / account holder | $96 | $97-1.5% | $5,608-98.3% | $110-13.3% |