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| Provider | Service type | Compensation |
|---|---|---|
NATIONWIDE1+ years Filed as: NATIONWIDE LIFE INSURANCE COMPANY Service code 15 · EIN 31-4056830 | Recordkeeping | $35,744 |
FENNER, MELSTROM, & DOOLING PLC1+ years Filed as: FENNER MELSTROM AND DOOLING PLC Service code 10 · EIN 38-1402622 355 S OLD WOODWARD AVE · BIRMINGHAM, MI 48009 | Accounting | $11,260 |
Service code 15 · EIN 01-0233346 | Recordkeeping | $560 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $35,125 | $34,220+2.6% | $73,836-52.4% | $59,188-40.7% |
| Participation rate | 13.7% | 59.1%-45.4pp | 73.4%-59.7pp | 69.4%-55.7pp |
| Annual return | 71.77% | 3.36%+68.4pp | 2268.06%-2196.3pp | 5.51%+66.3pp |
| Employer contribution / active EE | $610 | $1,480-58.8% | $2,787-78.1% | $2,098-70.9% |
| Participant deferral / active EE | $864 | $2,035-57.5% | $3,583-75.9% | $3,265-73.5% |
| Admin fee / account holder | $32 | $64-50.8% | $4,882-99.4% | $92-65.8% |