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 year Filed as: NATIONWIDE INSURANCE COMPANY Service code 15 10W NATIONWIDE BLVD 5-05-111V · COLUMBUS, OH 43215 | Recordkeeping | $15,066 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
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 | $21,173 | $71,192-70.3% | $117,854-82.0% | $62,292-66.0% |
| Participation rate | 63.4% | 74.2%-10.9pp | 79.7%-16.3pp | 69.5%-6.1pp |
| Annual return | 15.65% | 18.66%-3.0pp | 335.08%-319.4pp | 28.90%-13.2pp |
| Employer contribution / active EE | $1,004 | $1,934-48.1% | $3,786-73.5% | $2,042-50.8% |
| Participant deferral / active EE | $2,813 | $3,189-11.8% | $4,482-37.2% | $3,169-11.2% |
| Admin fee / account holder | $209 | $587-64.5% | $8,020-97.4% | $479-56.4% |