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| Provider | Service type | Compensation |
|---|---|---|
JP MORGAN INVESTMENT MANAGEMENT INC10+ years Filed as: MEEDER INVESTMENT MANAGEMENT Service code 26 · EIN 31-1332744 6125 MEMORIAL DRIVE · DUBLIN, OH 43017 | Advisory (Participants) | $27,218 |
NATIONWIDE10+ years Service code 15 · EIN 31-4177100 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $27,202 | $45,109-39.7% | $85,240-68.1% | $77,762-65.0% |
| Participation rate | 66.5% | 48.7%+17.9pp | 67.5%-1.0pp | 70.6%-4.1pp |
| Annual return | 10.14% | 79.55%-69.4pp | 66.75%-56.6pp | 31.27%-21.1pp |
| Employer contribution / active EE | $1,051 | $1,602-34.4% | $2,735-61.6% | $2,728-61.5% |
| Participant deferral / active EE | $2,406 | $2,814-14.5% | $4,527-46.9% | $4,651-48.3% |
| Admin fee / account holder | $189 | $915-79.3% | $6,165-96.9% | $433-56.2% |