Plan Snapshot
- Plan Sponsor: Nationwide Mutual Insurance Company
- Sponsor EIN: 314177100
- Sponsor Address: ONE NATIONWIDE PLAZA, 1-04-403, COLUMBUS, OH, 432152220
- Plan Type: 401(k)
- Plan Number: 507
- Total Participants: 20,049
- Total Assets: $32.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 20,049 | $32.3M | $184.2M | $77.6M |
| 2023 | 21,517 | $35.9M | $176.3M | $75.5M |
| 2022 | 21,680 | $46.4M | $167.5M | $75.4M |
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 |
|---|---|---|---|---|
| UNITED HEALTHCARE INSURANCE CO | Other Service Provider | $7,972,268 | — | $7,972,268 |
| SUREST | Other Service Provider | $933,821 | — | $933,821 |
| AETNA | Other Service Provider | $249,270 | — | $249,270 |
| CIGNA | Other Service Provider | $194,070 | — | $194,070 |
| ALIGHT SOLUTIONS, LCC | Recordkeeper | $47,147 | — | $47,147 |
| DELOITTE CONSULTING, LLP | Other Service Provider | $26,333 | — | $26,333 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT SOLUTIONS, LCC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,422,909
- Estimated Expense Ratio: 29.198% 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 | $8,897,154 | — | $8,428,443 | — | — |
| 2023 | $10,149,904 | — | $9,582,467 | — | — |
| 2022 | $10,156,251 | — | $9,986,896 | — | $169,355 |