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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 | $36,595+134.7% | $88,179-2.6% | $71,012+21.0% |
| Participation rate | 53.4% | 29.2%+24.2pp | 69.1%-15.7pp | 58.6%-5.1pp |
| Annual return | 24.58% | 61.46%-36.9pp | 64.97%-40.4pp | 37.67%-13.1pp |
| Employer contribution / active EE | $2,596 | $787+230.1% | $2,549+1.8% | $2,348+10.6% |
| Participant deferral / active EE | $5,836 | $1,195+388.5% | $4,614+26.5% | $3,246+79.8% |
| Admin fee / account holder | $345 | $2,755-87.5% | $7,673-95.5% | $1,167-70.5% |