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| Provider | Service type | Compensation |
|---|---|---|
NATIONWIDE7+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $23,420 |
GEM-YOUNG WEALTH ADVISORS7+ years Service code 27 · EIN 46-5439400 | Advisory (Plan) | $22,053 |
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.)
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $89,506 | $72,620+23.3% | $90,760-1.4% | $66,938+33.7% |
| Participation rate | 65.1% | 73.7%-8.6pp | 75.7%-10.6pp | 69.8%-4.7pp |
| Annual return | -18.25% | -12.28%-6.0pp | -12.16%-6.1pp | 1.58%-19.8pp |
| Employer contribution / active EE | $1,268 | $2,369-46.5% | $2,922-56.6% | $2,545-50.2% |
| Participant deferral / active EE | $2,248 | $3,979-43.5% | $4,565-50.8% | $4,238-47.0% |
| Admin fee / account holder | $549 | $707-22.4% | $8,444-93.5% | $594-7.5% |