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| Provider | Service type | Compensation |
|---|---|---|
MGO INVESTMENT ADVISORS1 year Filed as: MGO ONESEVEN Service code 15 24400 CHAGRIN BLVD · BEACHWOOD, OH 44122 | Recordkeeping | $75,177 |
NATIONWIDE10+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $69,642 |
MGO INVESTMENT ADVISORS1 year Filed as: MGO ONESEVEN INC. Service code 26 | Advisory (Participants) | $17,984 |
MGO INVESTMENT ADVISORS1 year Filed as: MGO ONESEVEN INVESTMENT ADVISORS Service code 26 24400 CHAGRIN BLVD · BEACHWOOD, OH 44122 | Advisory (Participants) | $0 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $33,180 | $89,123-62.8% | $102,460-67.6% | $77,762-57.3% |
| Participation rate | 98.4% | 80.9%+17.4pp | 76.5%+21.9pp | 70.6%+27.8pp |
| Annual return | 12.82% | 25.05%-12.2pp | 29.47%-16.6pp | 31.27%-18.4pp |
| Employer contribution / active EE | $681 | $2,700-74.8% | $3,025-77.5% | $2,728-75.0% |
| Participant deferral / active EE | $1,931 | $5,148-62.5% | $5,056-61.8% | $4,651-58.5% |
| Admin fee / account holder | $129 | $236-45.4% | $9,460-98.6% | $433-70.2% |