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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH, PIERCE, FENNER & SMI Service code 27 150 N COLLEGE ST · CHARLOTTE, NC 28255 | Advisory (Plan) | $31,985 |
LINCOLN NATIONAL CORPORATION3 years Service code 13 · EIN 35-1140070 | Contract Administrator | $21,319 |
Service code 15 ONE RAYMOND DR STE 7 · HAVERTOWN, PA 190833100 | Recordkeeping | $4,475 |
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 | $44,616 | $102,422-56.4% | $147,117-69.7% | $80,959-44.9% |
| Participation rate | 100.0% | 75.9%+24.1pp | 82.2%+17.8pp | 67.7%+32.3pp |
| Annual return | 14.31% | 135.16%-120.8pp | 420.54%-406.2pp | 35.67%-21.4pp |
| Employer contribution / active EE | $3,178 | $3,717-14.5% | $4,932-35.6% | $2,757+15.3% |
| Participant deferral / active EE | $5,735 | $6,652-13.8% | $8,065-28.9% | $4,300+33.4% |
| Admin fee / account holder | $363 | $7,953-95.4% | $12,993-97.2% | $6,925-94.8% |