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| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION5+ years Service code 13 · EIN 35-0472300 | Contract Administrator | $49,117 |
Filed as: PINNACLE FINANCIAL SERVICES Service code 15 · EIN 59-2438373 | Recordkeeping | $10,085 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $72,568 | $52,967+37.0% | $172,753-58.0% | $65,186+11.3% |
| Participation rate | 94.6% | 66.2%+28.4pp | 82.6%+11.9pp | 70.2%+24.4pp |
| Annual return | 21.64% | 30.12%-8.5pp | 803.00%-781.4pp | 29.39%-7.7pp |
| Employer contribution / active EE | $4,343 | $2,190+98.3% | $5,144-15.6% | $2,177+99.5% |
| Participant deferral / active EE | $2,553 | $2,471+3.3% | $5,198-50.9% | $3,514-27.3% |
| Admin fee / account holder | $371 | $472-21.4% | $13,956-97.3% | $847-56.2% |