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| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION3 years Service code 13 · EIN 35-1140070 | Contract Administrator | $77,474 |
MORGAN STANLEY SMITH BARNEY5 years Filed as: GRAYSTONE CONSULTING Service code 16 · EIN 36-3145972 | Consulting | $69,859 |
Service code 26 · EIN 45-2550468 | Advisory (Participants) | $5,612 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $618,056 | $99,957+518.3% | $149,745+312.7% | $73,497+740.9% |
| Participation rate | 90.0% | 75.7%+14.3pp | 82.5%+7.5pp | 70.7%+19.3pp |
| Annual return | 14.95% | 53.87%-38.9pp | 276.72%-261.8pp | 28.51%-13.6pp |
| Employer contribution / active EE | $15,012 | $3,191+370.4% | $4,646+223.1% | $2,270+561.3% |
| Participant deferral / active EE | $11,710 | $6,073+92.8% | $6,843+71.1% | $3,740+213.1% |
| Admin fee / account holder | $682 | $551+23.9% | $9,312-92.7% | $513+32.9% |