In our church, all 5 elders preach. One does the majority of the preaching, but none of them have a different title. But practically, he is who everyone calls our lead pastor, like you said. I think they are genuinely trying to practice the equality of plurality, but there is one who has to lead. And I think that ok. It's the one pastor, everyone else is a deacon, and has no real authority that I have experienced and struggled with. When I was pastoring, we moved to multiple elders and it was better.