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| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION8+ years Service code 13 · EIN 35-1140070 PO BOX 7877 · FORT WAYNE, IN 46802 | Contract Administrator | $57,343 |
ASCENSUS LLC1 year Filed as: MAP RETIREMENT USA LLC Service code 13 · EIN 86-3678481 W6180 AEROTECH DRIVE · APPLETON, WI 54914 | Contract Administrator | $1,900 |
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $94,352 | $76,696+23.0% | $96,538-2.3% | $71,529+31.9% |
| Participation rate | 81.3% | 66.6%+14.7pp | 74.3%+7.0pp | 67.9%+13.4pp |
| Annual return | 6.45% | 48.32%-41.9pp | 35.74%-29.3pp | 28.97%-22.5pp |
| Employer contribution / active EE | $1,806 | $3,032-40.4% | $3,740-51.7% | $2,590-30.3% |
| Participant deferral / active EE | $4,307 | $3,770+14.2% | $4,880-11.8% | $4,291+0.4% |
| Admin fee / account holder | $344 | $2,030-83.0% | $6,737-94.9% | $1,588-78.3% |