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| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION7+ years Service code 13 · EIN 35-1140070 | Contract Administrator | $40,021 |
Filed as: MERRILL LYNCH Service code 13 · EIN 13-5674085 | Contract Administrator | $36,080 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $74,321 | $77,677-4.3% | $109,173-31.9% | $79,391-6.4% |
| Participation rate | 83.9% | 67.8%+16.1pp | 75.9%+8.0pp | 70.7%+13.2pp |
| Annual return | 11.29% | 23.44%-12.2pp | 25.75%-14.5pp | 116.88%-105.6pp |
| Employer contribution / active EE | $2,123 | $2,798-24.1% | $3,723-43.0% | $2,428-12.6% |
| Participant deferral / active EE | $5,905 | $3,517+67.9% | $4,654+26.9% | $4,046+46.0% |
| Admin fee / account holder | $437 | $732-40.3% | $6,755-93.5% | $627-30.2% |