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| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION2 years Service code 13 · EIN 35-1140070 1031 S. HARRISON STREET · FORT WAYNE, MI 468012248 | Contract Administrator | $28,423 |
Service code 15 PO BOX 54 · FRANKLIN SQUARE, NY 110100054 | Recordkeeping | $665 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $99,701 | $73,863+35.0% | $143,797-30.7% | $68,490+45.6% |
| Participation rate | 100.0% | 66.7%+33.3pp | 80.3%+19.7pp | 67.9%+32.1pp |
| Annual return | -14.14% | 0.91%-15.0pp | -0.04%-14.1pp | -7.85%-6.3pp |
| Employer contribution / active EE | $10,142 | $3,185+218.5% | $4,952+104.8% | $2,597+290.6% |
| Participant deferral / active EE | $6,839 | $3,385+102.1% | $5,638+21.3% | $4,028+69.8% |
| Admin fee / account holder | $889 | $5,756-84.6% | $14,679-93.9% | $5,403-83.5% |