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| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION3 years Service code 13 · EIN 35-1140070 | Contract Administrator | $48,175 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $50,138 | $76,670-34.6% | $96,683-48.1% | $71,457-29.8% |
| Participation rate | 52.8% | 66.6%-13.8pp | 74.3%-21.6pp | 67.9%-15.1pp |
| Annual return | 13.42% | 48.29%-34.9pp | 35.69%-22.3pp | 28.85%-15.4pp |
| Employer contribution / active EE | $1,513 | $3,031-50.1% | $3,737-59.5% | $2,588-41.5% |
| Participant deferral / active EE | $2,516 | $3,771-33.3% | $4,878-48.4% | $4,289-41.3% |
| Admin fee / account holder | $357 | $2,028-82.4% | $6,730-94.7% | $1,587-77.5% |