Filed December 19, 2019
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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 Service code 15 · EIN 31-4156830 | Recordkeeping | $5,986 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant 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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $6,006 | $50,637-88.1% | $86,590-93.1% | $62,292-90.4% |
| Participation rate | 59.9% | 67.9%-8.0pp | 73.5%-13.7pp | 69.5%-9.6pp |
| Annual return | 103.38% | 20.80%+82.6pp | 964.84%-861.5pp | 28.90%+74.5pp |
| Employer contribution / active EE | $279 | $2,075-86.6% | $2,839-90.2% | $2,042-86.3% |
| Participant deferral / active EE | $1,120 | $2,611-57.1% | $3,609-69.0% | $3,169-64.6% |
| Admin fee / account holder | $33 | $413-91.9% | $4,906-99.3% | $479-93.0% |