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| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION3 years Service code 13 · EIN 35-1140070 1031 S. HARRISON STREET · FORT WAYNE, MI 468012248 | Contract Administrator | $27,020 |
Service code 15 PO BOX 54 · FRANKLIN SQUARE, NY 110100054 | Recordkeeping | $9,429 |
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 | $139,022 | $77,920+78.4% | $149,723-7.1% | $75,177+84.9% |
| Participation rate | 100.0% | 65.6%+34.4pp | 78.8%+21.2pp | 67.2%+32.8pp |
| Annual return | 13.28% | 31.72%-18.4pp | 134.50%-121.2pp | 160.75%-147.5pp |
| Employer contribution / active EE | $9,897 | $3,138+215.4% | $4,821+105.3% | $2,671+270.5% |
| Participant deferral / active EE | $6,465 | $3,411+89.5% | $5,682+13.8% | $4,126+56.7% |
| Admin fee / account holder | $1,131 | $5,951-81.0% | $13,215-91.4% | $5,651-80.0% |