Plan Snapshot
- Plan Sponsor: Nationwide Mutual Insurance Company
- Sponsor EIN: 314177100
- Sponsor Address: ONE NATIONWIDE PLAZA 1-04-403, COLUMBUS, OH, 432152220
- Plan Type: Health & Welfare
- Plan Number: 523
- Total Participants: 3,690
- Total Assets: $1.6M
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 | 3,690 | $1.6M | $1.3M | $6.4M |
| 2023 | 3,899 | $1.7M | $5.0M | $6.7M |
| 2022 | 0 | $1.2M | $6.0M | $7.4M |
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 | $165,047 | — | $165,047 |
| DELOITTE CONSULTING, LLP | Other Service Provider | $26,333 | — | $26,333 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $191,380
- Estimated Expense Ratio: 11.672% 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 | $218,808 | — | $161,710 | — | — |
| 2023 | $310,494 | — | $237,902 | — | — |
| 2022 | $354,111 | — | $329,111 | — | $25,000 |