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| Provider | Service type | Compensation |
|---|---|---|
NATIONWIDE2 years Service code 15 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $32,286 |
LPL FINANCIAL2 years Filed as: WADDELL & REED, INC Service code 27 8025 EEIGER DR #100 · LINCOLN, NE 685169217 | Advisory (Plan) | $30,669 |
DEFINITI LLC1 year Service code 13 · EIN 85-0833363 2201 TIMBERLOCK PLACE · WOODLANDS, TX 77380 | Contract Administrator | $1,725 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $16,025 | $52,293-69.4% | $178,499-91.0% | $73,412-78.2% |
| Participation rate | 42.8% | 65.3%-22.6pp | 81.9%-39.2pp | 72.2%-29.4pp |
| Annual return | 23.18% | 34.75%-11.6pp | 151.10%-127.9pp | 59.30%-36.1pp |
| Employer contribution / active EE | $318 | $1,735-81.7% | $5,011-93.7% | $2,234-85.8% |
| Participant deferral / active EE | $2,223 | $2,332-4.7% | $5,202-57.3% | $3,806-41.6% |
| Admin fee / account holder | $128 | $127+0.8% | $13,986-99.1% | $158-18.7% |