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| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION5 years Service code 13 · EIN 35-1140070 | Contract Administrator | $102,183 |
ANNEX WEALTH MANAGEMENT LLC3 years Filed as: ANNEX WEALTH MANAGEMENT, LLC Service code 27 · EIN 68-0524298 | Advisory (Plan) | $40,087 |
REILLY, PENNER & BENTON LLP2 years Service code 27 · EIN 39-0747409 | Advisory (Plan) | $7,700 |
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 | $99,603 | $91,439+8.9% | $135,974-26.7% | $71,511+39.3% |
| Participation rate | 99.0% | 75.7%+23.4pp | 81.9%+17.1pp | 67.9%+31.1pp |
| Annual return | 17.09% | 29.90%-12.8pp | 68.30%-51.2pp | 28.86%-11.8pp |
| Employer contribution / active EE | $3,367 | $3,705-9.1% | $4,859-30.7% | $2,589+30.0% |
| Participant deferral / active EE | $11,055 | $7,093+55.9% | $7,760+42.5% | $4,291+157.7% |
| Admin fee / account holder | $579 | $1,267-54.3% | $10,767-94.6% | $1,588-63.6% |