Plan Ledger DOL Form 5500 · updated monthly

Nationwide Mutual Insurance Company401(k)

NATIONWIDE SAVINGS PLAN · COLUMBUS, OH · plan year 2024

Reported admin expense ratio · 2024
0.03%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Nationwide Mutual Insurance Company reported $2,001,527 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,885 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 3 years on file its reported administrative ratio has held roughly steady near 0.025%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other finance & insurance employers. By assets it is the 10th-largest of 3,295 plans among Ohio employers on file, and the 24th of 4,798 in finance & insurance. In 2024, employees put in $3.14 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,314,406,342
Participants with balances40,008
Active participants22,626
Employer contributions$87,908,487
Employee contributions$275,681,992
Employer contribution per active participant$3,885
Average account balance$207,819
Benefits paid to participants$733,362,989
Plan auditUnmodified (clean) audit opinion
AuditorKPMG LLP
Plan history3
Yearassets · accounts · employer contribution
2024$8.3B · 40,008 accts · $87.9M emplr
2023$7.6B · 42,169 accts · $88.7M emplr
2022$6.7B · 43,390 accts · $89.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,080,997
Investment management$920,530
Total administrative$2,001,527
The Nationwide Mutual Insurance Company 401(k) match · 2024
Employer contribution per active participant$3,885
Median for plans this size$5,259
2024$3,885 per active participant
2023$3,640 per active participant
2022$3,628 per active participant

Nationwide Mutual Insurance Company's 2024 employer contribution ran below the $5,259 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FID INV INSTL OPS CO · Loan processing$1,093,730
FINANCIAL ENGINES · Investment advisory (plan)$920,530

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$2,001,527 · 0.03%
2023$1,547,325 · 0.02%
2022$1,940,305 · 0.03%
Same employer
Similar plansFinance & Insurance · Ohio
Ubs AG NJ$10.2B · 0.14%
Metlife Group, Inc. NJ$8.3B · 0.13%
Humana Inc. KY$7.7B · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 314177100 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.