401k Record

Employers › Nationwide Acceptance

Nationwide Acceptance 401(k)

Recordkeeping fees per participant · Nationwide Loan Company LLC Employees Profit Sharing and Savings Plan · plan year 2023

$385.41

Higher than 98% of the 13,318 plans $10 to 50M that report it.

Source

= $38,156 / 99
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250310101818NAL0016133585001, received 2025-03-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250310101818NAL0016133585001, received 2025-03-10

10th: $8.38median $71.1390th: $189.70

Percentiles compare this plan with the Schedule H plans $10 to 50M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2023-06-01 to 2024-05-31, filing received 2025-03-10.

Cost and contributions

Administrative expenses excluding investment management, per participant

$385.41

10th: $12.50median $105.8490th: $309.83

Higher than 94% of the 23,494 plans $10 to 50M that report it.

Source

= $38,156 / 99
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250310101818NAL0016133585001, received 2025-03-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250310101818NAL0016133585001, received 2025-03-10

Administrative expenses per participant

$385.41

10th: $21.83median $171.6490th: $417.48

Higher than 87% of the 24,286 plans $10 to 50M that report it.

Source

= $38,156 / 99
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250310101818NAL0016133585001, received 2025-03-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250310101818NAL0016133585001, received 2025-03-10

Administrative expenses as a share of assets

0.373%

10th: 0.029%median 0.269%90th: 0.572%

Higher than 68% of the 24,321 plans $10 to 50M that report it.

Source

= $38,156 / $10,226,990
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250310101818NAL0016133585001, received 2025-03-10
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250310101818NAL0016133585001, received 2025-03-10

Employer contributions per participant

$1,638

10th: $655median $2,02590th: $4,780

Higher than 38% of the 23,376 plans $10 to 50M that report it.

Source

= $162,157 / 99
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250310101818NAL0016133585001, received 2025-03-10
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250310101818NAL0016133585001, received 2025-03-10

Employer share of total contributions

42.3%

10th: 13.2%median 28.1%90th: 46.4%

Higher than 86% of the 23,409 plans $10 to 50M that report it.

Source

= $162,157 / $383,504
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250310101818NAL0016133585001, received 2025-03-10
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250310101818NAL0016133585001, received 2025-03-10

Plan terms, as stated in Nationwide Acceptance LLC's SEC filings

Plan terms are not published in public filings.

Plan features

2A age/service-weighted · 2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250310101818NAL0016133585001, received 2025-03-10

Full record, Nationwide Loan Company LLC Employees Profit Sharing and Savings Plan

FieldValueSource
Plan sponsorNATIONWIDE LOAN COMPANY LLCForm 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250310101818NAL0016133585001, received 2025-03-10
Plan nameNATIONWIDE LOAN COMPANY LLC EMPLOYEES PROFIT SHARING AND SAVINGS PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20250310101818NAL0016133585001, received 2025-03-10
Sponsor EIN / plan number46-1477420 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250310101818NAL0016133585001, received 2025-03-10
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250310101818NAL0016133585001, received 2025-03-10
Sponsor locationROSEMONT, ILForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250310101818NAL0016133585001, received 2025-03-10
Industry (business code)522130, Finance and insuranceForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20250310101818NAL0016133585001, received 2025-03-10
Plan year2023-06-01 to 2024-05-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250310101818NAL0016133585001, received 2025-03-10
Filing received2025-03-10Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250310101818NAL0016133585001, received 2025-03-10
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250310101818NAL0016133585001, received 2025-03-10
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20250310101818NAL0016133585001, received 2025-03-10
Participants, beginning of year122Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250310101818NAL0016133585001, received 2025-03-10
Active participants68Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250310101818NAL0016133585001, received 2025-03-10
Participants, end of year101Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250310101818NAL0016133585001, received 2025-03-10
Participants with an account balance99Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250310101818NAL0016133585001, received 2025-03-10
Total assets, beginning of year$9,055,034Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250310101818NAL0016133585001, received 2025-03-10
Total assets, end of year$10,226,990Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250310101818NAL0016133585001, received 2025-03-10
Net assets, end of year$10,226,348Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250310101818NAL0016133585001, received 2025-03-10
Total income$1,946,662Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250310101818NAL0016133585001, received 2025-03-10
Net income$1,171,956Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250310101818NAL0016133585001, received 2025-03-10
Employer contributions$162,157Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250310101818NAL0016133585001, received 2025-03-10
Participant contributions$221,347Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250310101818NAL0016133585001, received 2025-03-10
Total contributions$383,504Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250310101818NAL0016133585001, received 2025-03-10
Benefit payments$736,550Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250310101818NAL0016133585001, received 2025-03-10
Total expenses (incl. benefit payments)$774,706Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250310101818NAL0016133585001, received 2025-03-10
Total administrative expenses$38,156Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250310101818NAL0016133585001, received 2025-03-10
Recordkeeping fees$38,156Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250310101818NAL0016133585001, received 2025-03-10
Administrative expenses excluding investment management$38,156derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250310101818NAL0016133585001, received 2025-03-10
Held in common/collective trusts$41,208Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250310101818NAL0016133585001, received 2025-03-10
Held in mutual funds$9,813,543Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250310101818NAL0016133585001, received 2025-03-10
Independent auditorPLANTE & MORAN, PLLCSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250310101818NAL0016133585001, received 2025-03-10

Position = column in the DOL layout for form year 2023. Filing 20250310101818NAL0016133585001, received 2025-03-10.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
FIRST AMERICAN BANKCONTRACT ADMIN 27 Investment advisory (plan); 13 Contract administrator $22,616no
CAPITAL GROUP RETIREMENT PLAN SVCS.recordkeeperRECORDKEEPER 64 Recordkeeping fees $13,075yes

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250310101818NAL0016133585001, received 2025-03-10.

No filing for the previous plan year is in the data, so there is no year-over-year comparison.

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Sponsor name as filed: NATIONWIDE LOAN COMPANY LLC; SEC registrant: Nationwide Acceptance LLC (CIK 1569013, matched by EIN).