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| Provider | Service type | Compensation |
|---|---|---|
NATIONWIDE3+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $38,925 |
HUNTINGTON NATIONAL BANK2 years Filed as: THE HUNTINGTON NATIONAL BANK Service code 16 519 MADISON AVE. · TOLEDO, OH 436041580 | Consulting | $2,505 |
HUNTINGTON NATIONAL BANK3+ years Filed as: THE HUNTINGTON INVESTMENT COMPANY Service code 16 41 S. HIGH STREET · COLUMBUS, OH 43215 | Consulting | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $27,551 | $51,466-46.5% | $78,778-65.0% | $62,293-55.8% |
| Participation rate | 61.2% | 59.8%+1.4pp | 69.2%-8.0pp | 69.5%-8.3pp |
| Annual return | 16.73% | 19.96%-3.2pp | 35.62%-18.9pp | 28.90%-12.2pp |
| Employer contribution / active EE | $920 | $827+11.2% | $1,986-53.7% | $2,042-54.9% |
| Participant deferral / active EE | $1,676 | $2,147-22.0% | $2,958-43.4% | $3,169-47.1% |
| Admin fee / account holder | $0 | $489-100.0% | $5,134-100.0% | $479-100.0% |