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| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION8 years Service code 13 · EIN 35-1140070 | Contract Administrator | $64,849 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $63,712 | $55,472+14.9% | $155,567-59.0% | $74,546-14.5% |
| Participation rate | 43.8% | 61.9%-18.1pp | 78.2%-34.4pp | 67.2%-23.4pp |
| Annual return | 12.22% | 268.72%-256.5pp | 64.74%-52.5pp | 1366.03%-1353.8pp |
| Employer contribution / active EE | $799 | $2,269-64.8% | $4,674-82.9% | $2,624-69.5% |
| Participant deferral / active EE | $1,099 | $2,838-61.3% | $5,628-80.5% | $4,347-74.7% |
| Admin fee / account holder | $416 | $1,743-76.1% | $15,916-97.4% | $1,944-78.6% |