Plan Snapshot
- Plan Sponsor: Nationwide Mutual Insurance Company
- Sponsor EIN: 314177100
- Sponsor Address: ONE NATIONWIDE PLAZA 1-04-101, COLUMBUS, OH, 43215
- Plan Type: 401(k)
- Total Participants: 22,626
- Total Assets: $8.3B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 22,626 | $8.3B | $87.9M | $275.7M |
| 2023 | 24,370 | $7.6B | $88.7M | $275.2M |
| 2022 | 24,715 | $6.7B | $89.7M | $267.3M |
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 |
|---|---|---|---|---|
| FID INV INSTL OPS CO | RECORDKEEPER / ADMIN | $1,093,730 | — | $1,093,730 |
| FINANCIAL ENGINES | INV ADVISOR | $920,530 | — | $920,530 |
| KPMG LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FID INV INSTL OPS CO — RECORDKEEPER / ADMIN
- KPMG LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,014,260
- Estimated Expense Ratio: 0.024% 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 | $2,001,527 | $920,530 | $13,800 | — | — |
| 2023 | $1,547,325 | $230,985 | $11,100 | — | — |
| 2022 | $1,940,305 | — | $1,920,170 | — | $20,135 |