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| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION4+ years Service code 13 · EIN 35-0472300 | Contract Administrator | $117,031 |
M2B RETIREMENT CONSULTING LLC4+ years Filed as: M2B RETIREMENT CONSULTING, LLC Service code 15 · EIN 81-3989034 | Recordkeeping | $13,950 |
MORNINGSTAR1 year Service code 27 · EIN 36-3297908 | Advisory (Plan) | $0 |
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.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $85,905 | $38,967+120.5% | $86,233-0.4% | $79,634+7.9% |
| Participation rate | 53.4% | 34.1%+19.4pp | 69.0%-15.6pp | 62.5%-9.1pp |
| Annual return | 24.58% | 49.90%-25.3pp | 61.39%-36.8pp | 36.46%-11.9pp |
| Employer contribution / active EE | $2,596 | $868+199.0% | $2,504+3.7% | $2,529+2.7% |
| Participant deferral / active EE | $5,836 | $1,663+251.1% | $4,559+28.0% | $3,835+52.2% |
| Admin fee / account holder | $345 | $2,660-87.0% | $8,342-95.9% | $1,002-65.6% |