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| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION6 years Service code 13 · EIN 35-1140070 | Contract Administrator | $118,120 |
MORGAN STANLEY SMITH BARNEY8 years Filed as: GRAYSTONE CONSULTING Service code 16 · EIN 36-3145972 | Consulting | $76,883 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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.
Assets per participant exceed $250,000 - top-decile high-value plan.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $741,773 | $91,474+710.9% | $135,982+445.5% | $71,529+937.0% |
| Participation rate | 63.4% | 75.7%-12.3pp | 81.9%-18.5pp | 67.9%-4.5pp |
| Annual return | 14.67% | 29.89%-15.2pp | 68.32%-53.7pp | 28.97%-14.3pp |
| Employer contribution / active EE | $17,078 | $3,705+360.9% | $4,859+251.5% | $2,590+559.4% |
| Participant deferral / active EE | $12,914 | $7,095+82.0% | $7,760+66.4% | $4,291+200.9% |
| Admin fee / account holder | $1,071 | $1,267-15.4% | $10,767-90.0% | $1,588-32.5% |