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| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION5 years Service code 15 · EIN 35-0472300 PO BOX 7877 · FORT WAYNE, IN 46802 | Recordkeeping | $142,325 |
Filed as: MERRILL LYNCH Service code 27 · EIN 13-5674085 PO BOX 74008967 · CHICAGO, IA 60674 | Advisory (Plan) | $101,906 |
PINNACLE PENSION SERVICES9+ years Service code 15 · EIN 82-0433443 | Recordkeeping | $6,280 |
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 | $184,394 | $91,474+101.6% | $135,982+35.6% | $71,529+157.8% |
| Participation rate | 99.5% | 75.7%+23.8pp | 81.9%+17.6pp | 67.9%+31.6pp |
| Annual return | 11.72% | 29.89%-18.2pp | 68.32%-56.6pp | 28.97%-17.2pp |
| Employer contribution / active EE | $9,396 | $3,705+153.6% | $4,859+93.4% | $2,590+262.8% |
| Participant deferral / active EE | $9,524 | $7,095+34.2% | $7,760+22.7% | $4,291+121.9% |
| Admin fee / account holder | $583 | $1,267-54.0% | $10,767-94.6% | $1,588-63.3% |