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| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION6 years Filed as: LINCOLN INVESTMENT PLANNING LLC Service code 22 3101 N CENTRAL AVENUE · PHOENIX, AZ 85012 | Insurance Broker | $101,552 |
PENSERV PLAN SERVICES, INC.9+ years Filed as: PENSERV PLAN SERVICES, INC Service code 15 102 TRADE ZONE DRIVE · WEST COLUMBIA, SC 29170 | Recordkeeping | $24,623 |
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 | $53,631 | $50,902+5.4% | $155,534-65.5% | $77,736-31.0% |
| Participation rate | 91.9% | 63.1%+28.8pp | 78.2%+13.7pp | 70.6%+21.3pp |
| Annual return | 18.81% | 34.85%-16.0pp | 64.92%-46.1pp | 31.26%-12.5pp |
| Employer contribution / active EE | $2,096 | $1,991+5.2% | $4,675-55.2% | $2,728-23.2% |
| Participant deferral / active EE | $3,477 | $2,824+23.1% | $5,630-38.2% | $4,651-25.2% |
| Admin fee / account holder | $303 | $437-30.7% | $15,900-98.1% | $433-30.1% |