Filed December 15, 2022
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
NATIONWIDE1+ years Filed as: NATIONWIDE INSURANCE Service code 15 · EIN 31-4156830 | Recordkeeping | $22,030 |
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $7,924 | $41,854-81.1% | $73,843-89.3% | $52,331-84.9% |
| Participation rate | 83.3% | 66.2%+17.1pp | 73.4%+9.9pp | 68.1%+15.2pp |
| Annual return | -3.76% | 2.11%-5.9pp | 2267.84%-2271.6pp | 4.54%-8.3pp |
| Employer contribution / active EE | $1,293 | $1,920-32.7% | $2,787-53.6% | $1,882-31.3% |
| Participant deferral / active EE | $1,853 | $2,498-25.8% | $3,583-48.3% | $3,022-38.7% |
| Admin fee / account holder | $0 | $493-100.0% | $4,880-100.0% | $592-100.0% |