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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL, LYNCH, PIERCE, FENNER & SM Service code 26 · EIN 13-5674085 | Advisory (Participants) | $33,462 |
LINCOLN NATIONAL CORPORATION5+ years Service code 13 · EIN 35-1140070 | Contract Administrator | $8,561 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $438,640 | $85,171+415.0% | $172,753+153.9% | $72,976+501.1% |
| Participation rate | 93.1% | 70.1%+23.0pp | 82.6%+10.5pp | 69.5%+23.6pp |
| Annual return | 17.51% | 27.32%-9.8pp | 803.00%-785.5pp | 81.02%-63.5pp |
| Employer contribution / active EE | $28,222 | $3,324+749.0% | $5,144+448.6% | $2,440+1056.6% |
| Participant deferral / active EE | $17,607 | $3,260+440.1% | $5,198+238.7% | $3,608+388.0% |
| Admin fee / account holder | $30,490 | $5,880+418.5% | $13,956+118.5% | $5,124+495.0% |