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| Provider | Service type | Compensation |
|---|---|---|
NATIONWIDE3+ years Service code 15 · EIN 31-4156830 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $13,082 |
THE BENEFIT ADVANTAGE, INC.3+ years Service code 15 · EIN 38-3254950 3497 AUBURN ROAD · AUBURN HILLS, MA 48326 | Recordkeeping | $2,735 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $26,967 | $65,092-58.6% | $143,799-81.2% | $66,938-59.7% |
| Participation rate | 45.2% | 65.2%-20.0pp | 80.3%-35.2pp | 69.8%-24.7pp |
| Annual return | -19.28% | -11.14%-8.1pp | -0.04%-19.2pp | 1.58%-20.9pp |
| Employer contribution / active EE | $1,576 | $2,362-33.3% | $4,952-68.2% | $2,545-38.1% |
| Participant deferral / active EE | $2,595 | $2,920-11.1% | $5,638-54.0% | $4,238-38.8% |
| Admin fee / account holder | $30 | $502-94.1% | $14,677-99.8% | $594-95.0% |