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| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION9+ years Service code 13 · EIN 35-0472300 | Contract Administrator | $70,236 |
ERISA SPECIALIST2 years Service code 15 · EIN 47-3852281 | Recordkeeping | $21,789 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $82,822 | $61,391+34.9% | $149,723-44.7% | $71,529+15.8% |
| Participation rate | 99.3% | 62.5%+36.8pp | 78.8%+20.5pp | 67.9%+31.4pp |
| Annual return | 17.17% | 35.88%-18.7pp | 134.50%-117.3pp | 28.97%-11.8pp |
| Employer contribution / active EE | $4,445 | $2,384+86.5% | $4,821-7.8% | $2,590+71.7% |
| Participant deferral / active EE | $3,388 | $2,921+16.0% | $5,682-40.4% | $4,291-21.0% |
| Admin fee / account holder | $446 | $1,264-64.7% | $13,215-96.6% | $1,588-71.9% |