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| Provider | Service type | Compensation |
|---|---|---|
NATIONWIDE2+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $74,109 |
Service code 13 · EIN 52-0783935 | Contract Administrator | $12,690 |
SECURITIES AMERICA INC2+ years Filed as: M & T SECURITIES Service code 22 285 DELAWARE AVENUE SUITE 2000 · BUFFALO, NY 14202 | Insurance Broker | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $59,652 | $63,924-6.7% | $108,582-45.1% | $55,167+8.1% |
| Participation rate | 84.4% | 74.3%+10.0pp | 79.6%+4.8pp | 69.0%+15.4pp |
| Annual return | 8.62% | 15.31%-6.7pp | -51.70%+60.3pp | 169.23%-160.6pp |
| Employer contribution / active EE | $1,323 | $1,879-29.6% | $3,758-64.8% | $1,963-32.6% |
| Participant deferral / active EE | $2,072 | $3,067-32.4% | $4,311-51.9% | $3,054-32.2% |
| Admin fee / account holder | $399 | $618-35.3% | $7,645-94.8% | $504-20.8% |