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| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION4 years Service code 13 · EIN 35-1140070 | Contract Administrator | $121,425 |
ANNEX WEALTH MANAGEMENT LLC2 years Filed as: ANNEX WEALTH MANAGEMENT, LLC Service code 27 · EIN 68-0524298 | Advisory (Plan) | $40,712 |
Service code 27 · EIN 39-0747409 | Advisory (Plan) | $7,400 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $134,372 | $84,493+59.0% | $125,381+7.2% | $66,938+100.7% |
| Participation rate | 97.5% | 76.4%+21.1pp | 82.4%+15.1pp | 69.8%+27.7pp |
| Annual return | -16.06% | -8.49%-7.6pp | 572.31%-588.4pp | 1.58%-17.6pp |
| Employer contribution / active EE | $3,025 | $3,554-14.9% | $4,815-37.2% | $2,545+18.8% |
| Participant deferral / active EE | $9,330 | $6,783+37.5% | $7,448+25.3% | $4,238+120.1% |
| Admin fee / account holder | $479 | $685-30.1% | $10,007-95.2% | $594-19.3% |