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 |
|---|---|---|
NATIONWIDE3+ years Filed as: NATIONWIDE INSURANCE Service code 15 · EIN 31-4156830 | Recordkeeping | $19,281 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $10,318 | $50,637-79.6% | $86,590-88.1% | $62,292-83.4% |
| Participation rate | 99.4% | 67.9%+31.5pp | 73.5%+25.8pp | 69.5%+29.9pp |
| Annual return | 21.59% | 20.80%+0.8pp | 964.84%-943.3pp | 28.90%-7.3pp |
| Employer contribution / active EE | $1,560 | $2,075-24.9% | $2,839-45.1% | $2,042-23.6% |
| Participant deferral / active EE | $1,569 | $2,611-39.9% | $3,609-56.5% | $3,169-50.5% |
| Admin fee / account holder | $0 | $413-100.0% | $4,906-100.0% | $479-100.0% |