Filed March 28, 2012
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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| Provider | Service type | Compensation |
|---|---|---|
NATIONWIDE1+ years Service code 13 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Contract Administrator | $136,922 |
Filed as: AMERIPRISE FINANCIAL SERVICES Service code 26 50082 AMERIPRISE FINANCIAL CTR · MINNEAPOLIS, MN 55474 | Advisory (Participants) | $82,127 |
THE BENEFIT ADVANTAGE, INC.1+ years Filed as: THE BENEFIT ADVANTAGE Service code 13 · EIN 38-3254950 3497 AUBURN ROAD · AUBURN HILLS, MI 48326 | Contract Administrator | $15,826 |
INDEX CORE1+ years Service code 13 · EIN 26-2419128 5440 W 110TH ST · SHAWNESS MISSION, KS 66211 | Contract Administrator | $7,046 |
NATIONWIDE1+ years Filed as: NATIONWIDE LIFE INSURANCE COMPANY Service code 13 · EIN 31-4156830 10 W NATIONWIDE BLVD · COLUMBUS, OH 43215 | Contract Administrator | $1,409 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $49,666 | $65,428-24.1% | $169,390-70.7% | $71,511-30.5% |
| Participation rate | 98.9% | 66.9%+32.0pp | 77.2%+21.7pp | 67.9%+30.9pp |
| Annual return | 0.00% | 21.35%-21.3pp | 406.07%-406.1pp | 28.86%-28.9pp |
| Employer contribution / active EE | $3,187 | $2,064+54.4% | $4,013-20.6% | $2,589+23.1% |
| Participant deferral / active EE | $6,509 | $4,360+49.3% | $6,222+4.6% | $4,291+51.7% |
| Admin fee / account holder | $520 | $1,328-60.8% | $9,015-94.2% | $1,588-67.3% |