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| Provider | Service type | Compensation |
|---|---|---|
NATIONWIDE4+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $42,495 |
HUNTINGTON NATIONAL BANK3 years Filed as: THE HUNTINGTON NATIONAL BANK Service code 16 519 MADISON AVE. · TOLEDO, OH 436041580 | Consulting | $2,239 |
HUNTINGTON NATIONAL BANK4+ 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 | $27,602 | $42,548-35.1% | $74,551-63.0% | $56,289-51.0% |
| Participation rate | 62.8% | 60.5%+2.3pp | 69.1%-6.4pp | 69.9%-7.1pp |
| Annual return | -6.49% | 12.40%-18.9pp | 32.53%-39.0pp | -9.96%+3.5pp |
| Employer contribution / active EE | $938 | $855+9.7% | $1,961-52.2% | $2,111-55.6% |
| Participant deferral / active EE | $1,784 | $2,277-21.6% | $3,108-42.6% | $3,350-46.7% |
| Admin fee / account holder | $285 | $467-39.0% | $5,059-94.4% | $521-45.3% |