Recordkeepers
NAPAFIRMPARTNERS
Boston, MA • netbenefits.com
Charlotte, NC • equitable.com
Equitable
Fidelity Investments
Key Contact(s)
Key Contact(s)
Micah Lewis 201.978.3618 • micah.lewis@equitable.com Jim O’Connor 508.241.0660 • james.oconnor@equitable.com
Lisa Smith 401.292.5535 • Lisa.M.Smith@fmr.com Patrick Duffy 817.474.1863 • Patrick.Duffy@fmr.com
Firm Profile
Firm Profile
Equitable, a subsidiary of Equitable Holdings (NYSE: EQH), has been one of America’s leading financial services providers since 1859. With the mission to help clients secure their financial well-being, the company provides advice, protection and retirement strategies to individuals, families and small businesses. Equitable has more than 8,000 employees and Equitable Advisors financial professionals and serves 2.8 million clients across the country. Please visit equitable.com for more information.
Fidelity focuses on meeting the unique needs of a diverse set of customers: helping more than 22,000 businesses manage employee benefit programs. We offer complete plan sponsor services and a comprehensive employee experience, supported by the latest technology, full-service recordkeeping, a broad range of investment options, and trustee services. We’ll help you build an attractive benefits offering that reflect your values and objectives, and helps participants achieve their retirement and other financial goals.
Primary Market(s) Served
Primary Market(s) Served
Micro: <$1 million, Small: $1-$10 million, Mid: $10-$100 million
Plans / Participants Served by Type* 401(k): 7,200 / 91,000 403(b): 15,000 / 875,000 457: 2,600 / 76,000
Total Assets Administered $38,000,000,000
Plans by Channel
Direct: 0 / Advisor: 25,000
Platform(s) Used SS&C recordkeeping platform
Asset Allocation Funds Risk Based, Target Date, Asset Allocation, Managed Accounts
Advisor Support Services
External Wholesalers Focused on Advisors: 30 External Wholesalers Focused on Institutional: 4 Internal Wholesalers Focused on Advisors: 15 Internal Wholesalers Focused on Institutional: 2 Compliance Support, Plan Benchmarking, Training for DC Plan Sales/Service, Investment Committee Meetings
Participant Support Services
Micro: <$1 million, Small: $1-$10 million, Mid: $10-$100 million, Large: $100-$250 million, Mega: >$250 million
Plans / Participants Served by Type*
401(k): 23,947 / 24,769,697 403(b): 834 / 3,941,227 457: 689 / 394,898 Cash Balance: 91 / 1,800,000 Defined Benefit (Traditional): 312 / 2,160,000 NQDC: 1,623 / 221,806
Total Assets Administered $3,200,000,000,000
Plans by Channel
Direct: 21,795 / Advisor: 4,141
Platform(s) Used Proprietary Platform
Asset Allocation Funds Open architecture with more than 16,000 funds.
Advisor Support Services
External Wholesalers Focused on Advisors: 31 External Wholesalers Focused on Institutional: 24 Internal Wholesalers Focused on Advisors: 29 Internal Wholesalers Focused on Institutional: 10
In-Plan Lifetime Income Options, Rollover Services, Call Center Support, Smartphone Access to Participant Balances
Compliance Support, Plan Benchmarking, Target-Date Evaluation Tools, Training for DC Plan Sales/Service, Investment Committee Meetings
Plan Sponsor Service(s) Available
Participant Support Services
Advanced Markets support for NQ, Cash balance opportunities for small business owners. Supported by turnkey Employee Benefits portal for easy administration of all benefits offered.
In-Plan Lifetime Income Options, Rollover Services, Call Center Support, Facebook Page, Smartphone Access to Participant Balances, Smartphone Transaction Access for Participants
Plan Sponsor Service(s) Available Benchmarking, plan analytics, employee engagement and financial wellness, Cybersecurity Customer Protection Guarantee, dedicated client service with 99% client retention rate, plan consulting, and compliance/regulatory support.
*as of 6.30.23
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