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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) | $95,430 |
LINCOLN NATIONAL CORPORATION3 years Service code 15 · EIN 35-0472300 PO BOX 7877 · FORT WAYNE, IN 46802 | Recordkeeping | $40,079 |
PINNACLE PENSION SERVICES7+ years Service code 15 · EIN 82-0433443 | Recordkeeping | $5,345 |
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 | $205,567 | $104,497+96.7% | $159,487+28.9% | $79,389+158.9% |
| Participation rate | 99.4% | 76.6%+22.8pp | 82.8%+16.6pp | 70.7%+28.7pp |
| Annual return | 9.81% | 67.98%-58.2pp | 263.71%-253.9pp | 116.89%-107.1pp |
| Employer contribution / active EE | $8,567 | $3,418+150.7% | $4,831+77.3% | $2,428+252.9% |
| Participant deferral / active EE | $9,939 | $6,468+53.6% | $7,354+35.2% | $4,046+145.7% |
| Admin fee / account holder | $599 | $711-15.7% | $10,804-94.5% | $626-4.3% |