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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MERRILL LYNCH Service code 27 · EIN 13-5674085 PO BOX 74008967 · CHICAGO, IA 60674 | Advisory (Plan) | $113,022 |
LINCOLN NATIONAL CORPORATION6 years Service code 15 · EIN 35-0472300 PO BOX 7877 · FORT WAYNE, IN 46802 | Recordkeeping | $43,463 |
PINNACLE PENSION SERVICES10+ years Service code 15 · EIN 82-0433443 | Recordkeeping | $5,950 |
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.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $196,191 | $101,672+93.0% | $147,117+33.4% | $74,478+163.4% |
| Participation rate | 99.5% | 75.5%+24.0pp | 82.2%+17.4pp | 67.2%+32.3pp |
| Annual return | 8.69% | 8757.83%-8749.1pp | 420.54%-411.9pp | 1370.56%-1361.9pp |
| Employer contribution / active EE | $9,990 | $3,813+162.0% | $4,932+102.5% | $2,626+280.4% |
| Participant deferral / active EE | $8,907 | $7,305+21.9% | $8,065+10.4% | $4,350+104.7% |
| Admin fee / account holder | $618 | $1,753-64.8% | $12,993-95.2% | $1,946-68.3% |