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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) | $79,558 |
LINCOLN NATIONAL CORPORATION2 years Service code 15 · EIN 35-0472300 PO BOX 7877 · FORT WAYNE, IN 46802 | Recordkeeping | $51,777 |
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 | $186,106 | $99,957+86.2% | $149,745+24.3% | $73,497+153.2% |
| Participation rate | 100.0% | 75.7%+24.3pp | 82.5%+17.5pp | 70.7%+29.3pp |
| Annual return | 11.49% | 53.87%-42.4pp | 276.72%-265.2pp | 28.51%-17.0pp |
| Employer contribution / active EE | $9,104 | $3,191+185.3% | $4,646+96.0% | $2,270+301.0% |
| Participant deferral / active EE | $9,509 | $6,073+56.6% | $6,843+39.0% | $3,740+154.3% |
| Admin fee / account holder | $599 | $551+8.8% | $9,312-93.6% | $513+16.8% |