Plan Snapshot
- Plan Sponsor: Nationwide It Services, INC.
- Sponsor EIN: 205134799
- Sponsor Address: 4025 FAIR RIDGE DRIVE, FAIRFAX, VA, 22033
- Plan Type: 401(k)
- Total Participants: 404
- Total Assets: $14.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 404 | $14.9M | $613,556 | $2.5M |
| 2023 | 333 | $10.6M | $575,418 | $1.8M |
| 2022 | 310 | $7.3M | $542,805 | $1.3M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| SIGNATURE ESTATE & INVEST ADVS LLC | ADVISOR | $35,721 | — | $35,721 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $26,464 | — | $26,464 |
| GM ASSOCIATES LLC | ACCOUNTANT/AUDITOR | $11,300 | — | $11,300 |
| OSAIC WEALTH INC | ADVISOR | $5,806 | — | $5,806 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- OSAIC WEALTH INC — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $79,291
- Estimated Expense Ratio: 0.534% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $82,984 | $45,220 | — | $11,300 | — |
| 2023 | $52,942 | $22,631 | — | $11,000 | — |
| 2022 | $34,845 | — | — | — | — |