Filed February 22, 2018
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| Provider | Service type | Compensation |
|---|---|---|
NATIONWIDE1+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $35,502 |
UBS FINANCIAL SERVICES INC1+ years Service code 26 1000 HARBOR BLVD · WEEHAUKEN, NJ 07087 | Advisory (Participants) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $31,248 | $88,324-64.6% | $115,037-72.8% | $55,191-43.4% |
| Participation rate | 38.7% | 72.5%-33.8pp | 81.4%-42.7pp | 69.2%-30.5pp |
| Annual return | 9.65% | 6.30%+3.4pp | 26.14%-16.5pp | 10.78%-1.1pp |
| Employer contribution / active EE | $482 | $2,805-82.8% | $4,608-89.5% | $1,899-74.6% |
| Participant deferral / active EE | $2,540 | $5,042-49.6% | $6,026-57.8% | $3,046-16.6% |
| Admin fee / account holder | $220 | $105+108.9% | $8,175-97.3% | $91+142.6% |