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| Provider | Service type | Compensation |
|---|---|---|
NATIONWIDE5+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $100,858 |
IRON-CO-FID-COMPREHENSIVE4 years Service code 28 630 DUNDEE RD, STE 200 · NORTHBROOK, IL 60062 | Investment Management | $23,307 |
NATIONWIDE2 years Filed as: NATIONWIDE LIFE INSURANCE COMPANY Service code 15 10 W NATIONWIDE BLVD 5-05-111V · COLUMBUS, OH 43215 | Recordkeeping | $9,323 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $121,072 | $100,801+20.1% | $149,745-19.1% | $73,412+64.9% |
| Participation rate | 99.3% | 77.7%+21.6pp | 82.5%+16.8pp | 72.2%+27.1pp |
| Annual return | -6.18% | 265.34%-271.5pp | 276.72%-282.9pp | 59.30%-65.5pp |
| Employer contribution / active EE | $9,086 | $3,312+174.4% | $4,646+95.6% | $2,234+306.8% |
| Participant deferral / active EE | $5,584 | $6,404-12.8% | $6,843-18.4% | $3,806+46.7% |
| Admin fee / account holder | $362 | $181+100.0% | $9,312-96.1% | $158+129.0% |