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| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION7 years Service code 13 · EIN 35-1140070 | Contract Administrator | $63,147 |
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 | $73,033 | $61,356+19.0% | $149,696-51.2% | $71,511+2.1% |
| Participation rate | 66.9% | 62.5%+4.4pp | 78.8%-11.9pp | 67.9%-1.0pp |
| Annual return | 15.60% | 35.86%-20.3pp | 134.46%-118.9pp | 28.86%-13.3pp |
| Employer contribution / active EE | $1,162 | $2,382-51.2% | $4,821-75.9% | $2,589-55.1% |
| Participant deferral / active EE | $1,902 | $2,920-34.8% | $5,682-66.5% | $4,291-55.7% |
| Admin fee / account holder | $355 | $1,263-71.9% | $13,212-97.3% | $1,588-77.7% |