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| Provider | Service type | Compensation |
|---|---|---|
NATIONWIDE3 years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $102,320 |
Filed as: IFP ADVISORS, INC. Service code 26 DBA INDEPENDENT FINANCIAL PARTNERS · TAMPA, FL 33607 | Advisory (Participants) | $32,360 |
NEWPORT GROUP, INC.1 year Filed as: NEWPORT GROUP BENEFITS CONSULTANTS Service code 15 · EIN 42-1451295 1075 JORDAN CREEK PARKWAY · WEST DES MOINES, IA 50266 | Recordkeeping | $28,309 |
NEWPORT GROUP, INC.1 year Service code 15 · EIN 27-2037969 1075 JORDAN CREEK PARKWAY · WEST DES MOINES, IA 50266 | Recordkeeping | $26,268 |
Filed as: NORTHWESTERN MUTUAL Service code 26 ATTENTION IPS COMPENSATION · MILWAUKEE, WI 53202 | Advisory (Participants) | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $283,232 | $58,895+380.9% | $178,503+58.7% | $73,497+285.4% |
| Participation rate | 92.9% | 66.2%+26.6pp | 81.9%+10.9pp | 70.7%+22.2pp |
| Annual return | 15.78% | 24.86%-9.1pp | 151.12%-135.3pp | 28.51%-12.7pp |
| Employer contribution / active EE | $8,586 | $2,236+284.0% | $5,011+71.3% | $2,270+278.2% |
| Participant deferral / active EE | $6,881 | $2,567+168.1% | $5,202+32.3% | $3,740+84.0% |
| Admin fee / account holder | $502 | $400+25.4% | $13,987-96.4% | $513-2.2% |