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| Provider | Service type | Compensation |
|---|---|---|
NATIONWIDE7+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $129,605 |
IRON-CO-FID-COMPREHENSIVE6 years Service code 28 630 DUNDEE RD, STE 200 · NORTHBROOK, IL 60062 | Investment Management | $33,886 |
NATIONWIDE4 years Filed as: NATIONWIDE LIFE INSURANCE COMPANY Service code 15 10 W NATIONWIDE BLVD 5-05-111V · COLUMBUS, OH 43215 | Recordkeeping | $6,777 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $168,699 | $82,188+105.3% | $125,391+34.5% | $64,824+160.2% |
| Participation rate | 99.7% | 77.9%+21.8pp | 82.4%+17.3pp | 71.5%+28.2pp |
| Annual return | 5.50% | 3.50%+2.0pp | 572.41%-566.9pp | 32.84%-27.3pp |
| Employer contribution / active EE | $9,849 | $3,617+172.3% | $4,816+104.5% | $2,507+292.8% |
| Participant deferral / active EE | $6,910 | $7,177-3.7% | $7,448-7.2% | $4,311+60.3% |
| Admin fee / account holder | $406 | $163+148.9% | $10,009-95.9% | $188+116.3% |