401k Record

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Nationwide Mutual Insurance 401(k)

Recordkeeping fees per participant · Nationwide Savings Plan · plan year 2024

$26.67

Higher than 36% of the 790 plans over $1B that report it.

Source

= $1,067,197 / 40,008
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251014085508NAL0005127714001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014085508NAL0005127714001, received 2025-10-14

10th: $6.72median $34.2890th: $56.58

Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-14.

Cost and contributions

Administrative expenses excluding investment management, per participant

$27.02

10th: $9.43median $44.4790th: $97.55

Higher than 24% of the 1,045 plans over $1B that report it.

Source

= $1,080,997 / 40,008
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014085508NAL0005127714001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014085508NAL0005127714001, received 2025-10-14

Administrative expenses per participant

$50.03

10th: $24.33median $70.0390th: $174.36

Higher than 30% of the 1,076 plans over $1B that report it.

Source

= $2,001,527 / 40,008
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014085508NAL0005127714001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014085508NAL0005127714001, received 2025-10-14

Administrative expenses as a share of assets

0.024%

10th: 0.013%median 0.046%90th: 0.111%

Higher than 23% of the 1,076 plans over $1B that report it.

Source

= $2,001,527 / $8,317,632,680
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014085508NAL0005127714001, received 2025-10-14
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014085508NAL0005127714001, received 2025-10-14

Employer contributions per participant

$2,197

10th: $1,442median $3,74490th: $8,760

Higher than 21% of the 1,135 plans over $1B that report it.

Source

= $87,908,487 / 40,008
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014085508NAL0005127714001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014085508NAL0005127714001, received 2025-10-14

Employer share of total contributions

22.2%

10th: 19.8%median 33.4%90th: 47.5%

Higher than 15% of the 1,135 plans over $1B that report it.

Source

= $87,908,487 / $396,509,187
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014085508NAL0005127714001, received 2025-10-14
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014085508NAL0005127714001, received 2025-10-14

Plan terms, as stated in Nationwide Mutual Insurance Company's SEC filings

Plan terms are not published in public filings.

Plan features

2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 2S pre-approved plan document · 2T default investment (QDIA) · 3F · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251014085508NAL0005127714001, received 2025-10-14

Full record, Nationwide Savings Plan

FieldValueSource
Plan sponsorNATIONWIDE MUTUAL INSURANCE COMPANYForm 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251014085508NAL0005127714001, received 2025-10-14
Plan nameNATIONWIDE SAVINGS PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20251014085508NAL0005127714001, received 2025-10-14
Sponsor EIN / plan number31-4177100 / 334Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251014085508NAL0005127714001, received 2025-10-14
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251014085508NAL0005127714001, received 2025-10-14
Sponsor locationCOLUMBUS, OHForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251014085508NAL0005127714001, received 2025-10-14
Industry (business code)524140, Finance and insuranceForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20251014085508NAL0005127714001, received 2025-10-14
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251014085508NAL0005127714001, received 2025-10-14
Filing received2025-10-14Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251014085508NAL0005127714001, received 2025-10-14
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251014085508NAL0005127714001, received 2025-10-14
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20251014085508NAL0005127714001, received 2025-10-14
Participants, beginning of year42,461Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251014085508NAL0005127714001, received 2025-10-14
Active participants22,626Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251014085508NAL0005127714001, received 2025-10-14
Participants, end of year40,207Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251014085508NAL0005127714001, received 2025-10-14
Participants with an account balance40,008Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014085508NAL0005127714001, received 2025-10-14
Total assets, beginning of year$7,618,883,027Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251014085508NAL0005127714001, received 2025-10-14
Total assets, end of year$8,317,632,680Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014085508NAL0005127714001, received 2025-10-14
Net assets, end of year$8,314,406,342Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251014085508NAL0005127714001, received 2025-10-14
Total income$1,437,369,601Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251014085508NAL0005127714001, received 2025-10-14
Net income$701,807,118Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251014085508NAL0005127714001, received 2025-10-14
Employer contributions$87,908,487Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014085508NAL0005127714001, received 2025-10-14
Participant contributions$275,681,992Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251014085508NAL0005127714001, received 2025-10-14
Other contributions (incl. rollovers)$32,918,708Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251014085508NAL0005127714001, received 2025-10-14
Total contributions$396,509,187Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014085508NAL0005127714001, received 2025-10-14
Benefit payments$733,362,989Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251014085508NAL0005127714001, received 2025-10-14
Total expenses (incl. benefit payments)$735,562,483Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251014085508NAL0005127714001, received 2025-10-14
Total administrative expenses$2,001,527Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014085508NAL0005127714001, received 2025-10-14
Contract administrator fees$13,800Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251014085508NAL0005127714001, received 2025-10-14
Recordkeeping fees$1,067,197Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251014085508NAL0005127714001, received 2025-10-14
Investment advisory and management fees$920,530Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251014085508NAL0005127714001, received 2025-10-14
Administrative expenses excluding investment management$1,080,997derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014085508NAL0005127714001, received 2025-10-14
Held in common/collective trusts$3,180,445,191Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251014085508NAL0005127714001, received 2025-10-14
Held in mutual funds$0Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251014085508NAL0005127714001, received 2025-10-14
Independent auditorKPMG LLPSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251014085508NAL0005127714001, received 2025-10-14

Position = column in the DOL layout for form year 2024. Filing 20251014085508NAL0005127714001, received 2025-10-14.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
FID INV INSTL OPS COrecordkeeperRECORDKEEPER / ADMIN 71 Securities brokerage commissions and fees; 37 Participant loan processing; 65 Account maintenance fees; 64 Recordkeeping fees; 99 Other fees $1,093,730yes
FINANCIAL ENGINESINV ADVISOR 27 Investment advisory (plan); 50 Direct payment from the plan $920,530no

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 20251014085508NAL0005127714001, received 2025-10-14.

What changed since the 2023 plan year

Figure20232024Change
Total assets$7,618,883,027$8,317,632,6809.2%
Participants with a balance42,16940,008-5.1%
Administrative expenses$1,547,325$2,001,52729.4%
Recordkeeping fees per participant$30.95$26.67-13.8%
Employer contributions$88,698,031$87,908,487-0.9%

Prior filing 20241003081137NAL0005567443001, received 2024-10-03; the plan years are contiguous.

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Sponsor name as filed: NATIONWIDE MUTUAL INSURANCE COMPANY; SEC registrant: NATIONWIDE MUTUAL INSURANCE CO (CIK 315099, matched by EIN).