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| Provider | Service type | Compensation |
|---|---|---|
NATIONWIDE2+ years Filed as: NATIONWIDE LIFE INSURANCE Service code 15 · EIN 31-4156830 | Recordkeeping | $53,925 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $29,648 | $74,024-59.9% | $78,002-62.0% | $57,658-48.6% |
| Participation rate | 52.0% | 79.7%-27.7pp | 75.5%-23.5pp | 70.2%-18.2pp |
| Annual return | 10.70% | 12.14%-1.4pp | 425.99%-415.3pp | 5.13%+5.6pp |
| Employer contribution / active EE | $1,198 | $2,365-49.3% | $2,470-51.5% | $1,974-39.3% |
| Participant deferral / active EE | $2,049 | $3,533-42.0% | $3,497-41.4% | $3,061-33.1% |
| Admin fee / account holder | $128 | $93+37.5% | $5,481-97.7% | $95+35.5% |