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| Provider | Service type | Compensation |
|---|---|---|
NATIONWIDE6+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $24,521 |
GEM-YOUNG WEALTH ADVISORS6+ years Service code 27 · EIN 46-5439400 | Advisory (Plan) | $21,557 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $113,693 | $79,438+43.1% | $106,551+6.7% | $79,393+43.2% |
| Participation rate | 61.7% | 74.2%-12.4pp | 76.1%-14.4pp | 70.7%-9.0pp |
| Annual return | 28.24% | 18.27%+10.0pp | 26.80%+1.4pp | 116.87%-88.6pp |
| Employer contribution / active EE | $1,073 | $2,235-52.0% | $2,819-61.9% | $2,428-55.8% |
| Participant deferral / active EE | $1,840 | $3,824-51.9% | $4,398-58.2% | $4,046-54.5% |
| Admin fee / account holder | $567 | $523+8.4% | $7,408-92.3% | $627-9.5% |