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| Provider | Service type | Compensation |
|---|---|---|
NATIONWIDE7+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $23,068 |
Filed as: IFP ADVISORS, INC. Service code 26 DBA INDEPENDENT FINANCIAL PARTNER · TAMPA, FL 33607 | Advisory (Participants) | $22,298 |
NEWPORT GROUP, INC.4 years Service code 26 · EIN 27-2037969 200 DRYDEN ROAD · DRESHER, PA 19025 | Advisory (Participants) | $9,724 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $62,818 | $62,715+0.2% | $104,299-39.8% | $66,949-6.2% |
| Participation rate | 65.4% | 59.6%+5.8pp | 73.3%-7.8pp | 69.8%-4.4pp |
| Annual return | -14.39% | -14.70%+0.3pp | 24.62%-39.0pp | 1.57%-16.0pp |
| Employer contribution / active EE | $0 | $1,976-100.0% | $3,373-100.0% | $2,545-100.0% |
| Participant deferral / active EE | $3,884 | $2,852+36.2% | $4,626-16.0% | $4,239-8.4% |
| Admin fee / account holder | $197 | $657-70.0% | $7,339-97.3% | $594-66.8% |