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: 513
- Total Participants: 22,875
- Total Assets: $69.0M
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 | 22,875 | $69.0M | $246.2M | $8.2M |
| 2023 | 24,371 | $55.6M | $236.2M | $9.4M |
| 2022 | 24,739 | $51.5M | $230.3M | $8.8M |
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 |
|---|---|---|---|---|
| THE HARTFORD | Other Service Provider | $1,283,378 | — | $1,283,378 |
| DELOITTE CONSULTING, LLP | Other Service Provider | $26,333 | — | $26,333 |
| VENGROFF WILLIAMS INC | Other Service Provider | $16,373 | — | $16,373 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,326,084
- Estimated Expense Ratio: 1.921% 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 | $2,320,584 | — | $1,299,751 | — | — |
| 2023 | $2,895,022 | — | $1,760,949 | — | — |
| 2022 | $2,078,103 | — | $2,046,863 | — | $31,240 |