Filed August 1, 2023
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| Provider | Service type | Compensation |
|---|---|---|
CETERA ADVISOR NETWORKS LLC4 years Filed as: CETERA ADVISOR NETWORKS, LLC Service code 99 · EIN 95-3845382 200 N SEPULVEDA BLVD STE 1300 · EL SEGUNDO, CA 90245 | Other Fees | $29,933 |
MORNINGSTAR6+ years Service code 26 · EIN 36-3297908 22 WEST WASHINGTON STREET · CHICAGO, IL 60602 | Advisory (Participants) | $8,977 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $42,837 | $136,307-68.6% | $177,848-75.9% | $73,497-41.7% |
| Participation rate | 91.4% | 86.1%+5.3pp | 87.7%+3.6pp | 70.7%+20.7pp |
| Annual return | 33.13% | 18.68%+14.5pp | 48.33%-15.2pp | 28.51%+4.6pp |
| Employer contribution / active EE | $1,652 | $3,712-55.5% | $5,919-72.1% | $2,270-27.2% |
| Participant deferral / active EE | $2,568 | $5,829-55.9% | $7,714-66.7% | $3,740-31.3% |
| Admin fee / account holder | $280 | $596-53.0% | $12,431-97.7% | $513-45.4% |