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| Provider | Service type | Compensation |
|---|---|---|
NATIONWIDE1 year Filed as: PROACCOUNT NATIONWIDE Service code 26 · EIN 73-0988442 10 W NATIONWIDE BLVD · COLUMBUS, OH 43215 | Advisory (Participants) | $197,226 |
Filed as: THE BENEFIT ADVANTAGE Service code 26 · EIN 38-3254950 3497 AUBURN ROAD · AUBURN HILLS, MI 48326 | Advisory (Participants) | $30,738 |
PPA/TPA2 years Filed as: PPA/TPA VICKI ROSE Service code 26 888 WEST BIG BEAVER RD, STE 1000 · TROY, MI 48084 | Advisory (Participants) | $30,267 |
FENNER, MELSTROM, & DOOLING PLC10+ years Filed as: FENNER MELSTROM AND DOOLING PLC Service code 26 355 S OLD WOODWARD SUITE 200 · BIRMINGHAM, MI 48009 | Advisory (Participants) | $14,019 |
Filed as: IRON FINANCIAL Service code 26 · EIN 99-9552241 630 DUNDEE ROAD, SUITE 200 · NORTHBROOK, IL 60062 | Advisory (Participants) | $6,932 |
Filed as: AMERIPRISE Service code 26 | Advisory (Participants) | $0 |
NATIONWIDE10+ years Filed as: NATIONWIDE LIFE INSURANCE COMPANY Service code 26 | Advisory (Participants) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $26,072 | $99,313-73.7% | $81,882-68.2% | $99,313-73.7% |
| Participation rate | 43.4% | 71.7%-28.3pp | 72.4%-29.0pp | 71.7%-28.3pp |
| Annual return | 89.69% | 17.67%+72.0pp | 779.47%-689.8pp | 17.67%+72.0pp |
| Employer contribution / active EE | $478 | $3,264-85.4% | $2,916-83.6% | $3,264-85.4% |
| Participant deferral / active EE | $1,051 | $5,346-80.3% | $4,323-75.7% | $5,346-80.3% |
| Admin fee / account holder | $68 | $109-37.4% | $7,360-99.1% | $109-37.4% |