Filed September 26, 2019
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| Provider | Service type | Compensation |
|---|---|---|
NATIONWIDE2 years Service code 13 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Contract Administrator | $80,532 |
Filed as: AMERIPRISE FINANCIAL SERVICES Service code 28 50082 AMERIPRISE FINANCIAL CTR · MINNEAPOLIS, MN 55474 | Investment Management | $31,257 |
Filed as: NATIONAL ADMINISTRATION, INC Service code 13 · EIN 39-1967492 878 W AIRPORT RD · MENASHA, WI 59452 | Contract Administrator | $16,648 |
Filed as: NATIONAL ADMINISTRATION INC Service code 13 · EIN 39-1967492 878 W AIRPORT RD · MENASHA, WI 54952 | Contract Administrator | $828 |
Service code 13 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Contract Administrator | $240 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $39,577 | $54,573-27.5% | $90,970-56.5% | $73,497-46.2% |
| Participation rate | 97.1% | 61.2%+36.0pp | 69.0%+28.1pp | 70.7%+26.4pp |
| Annual return | 17.93% | 16.69%+1.2pp | 134.60%-116.7pp | 28.51%-10.6pp |
| Employer contribution / active EE | $1,698 | $991+71.3% | $2,122-20.0% | $2,270-25.2% |
| Participant deferral / active EE | $3,498 | $2,517+39.0% | $3,373+3.7% | $3,740-6.5% |
| Admin fee / account holder | $312 | $521-40.2% | $5,961-94.8% | $513-39.2% |