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| Provider | Service type | Compensation |
|---|---|---|
Filed as: HERITAGE PENSION ADISORS Service code 15 · EIN 81-4903086 66 COMMACK RD. · COMMACK, NY 11725 | Recordkeeping | $3,003 |
Filed as: CETERA ADVISOR NETWORK LLC Service code 27 · EIN 95-3845382 2301 ROSECRANS AVE #5100 · EL SEGUNDO, CA 90245 | Advisory (Plan) | $2,732 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $8,614 | $56,540-84.8% | $185,849-95.4% | $86,821-90.1% |
| Participation rate | 41.3% | 65.5%-24.2pp | 81.7%-40.4pp | 72.3%-31.0pp |
| Annual return | 126.44% | 118.20%+8.2pp | 122.10%+4.3pp | 97.94%+28.5pp |
| Employer contribution / active EE | $0 | $1,844-100.0% | $5,169-100.0% | $2,406-100.0% |
| Participant deferral / active EE | $2,788 | $2,555+9.1% | $5,569-49.9% | $4,132-32.5% |
| Admin fee / account holder | $23 | $150-84.9% | $16,244-99.9% | $170-86.7% |