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| Provider | Service type | Compensation |
|---|---|---|
CETERA ADVISOR NETWORKS LLC2 years Filed as: CETERA ADVISORS Service code 27 · EIN 84-0858799 | Advisory (Plan) | $30,481 |
Service code 15 · EIN 13-3689044 | Recordkeeping | $22,708 |
SENTINEL PENSION ADVISORS5+ years Filed as: SENTINEL PENSION AND PAYROLL Service code 15 6811 JEFFERSON HWY · BATON ROUGE, LA 70806 | Recordkeeping | $12,073 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $60,027 | $98,776-39.2% | $149,745-59.9% | $79,856-24.8% |
| Participation rate | 84.2% | 75.8%+8.4pp | 82.5%+1.7pp | 69.6%+14.6pp |
| Annual return | 14.16% | 27.38%-13.2pp | 276.72%-262.6pp | 31.71%-17.6pp |
| Employer contribution / active EE | $0 | $3,217-100.0% | $4,646-100.0% | $2,471-100.0% |
| Participant deferral / active EE | $4,768 | $5,681-16.1% | $6,843-30.3% | $3,741+27.5% |
| Admin fee / account holder | $323 | $6,053-94.7% | $9,312-96.5% | $5,306-93.9% |