Up till now* my annual service has included removing those items that have a tendency to seize - seatpost, EBB shell, cranks**, pedals - it's a chance to air the frame out, clean and examine the components, spray some ACF-50 inside and apply copperslip before refitting. It isn't a huge task, the entire service, including a hub oil change, will be done in two sessions over a weekend, leaving the frame to air, and the flush oil to drain, overnight.
I do sometimes wonder if I overdo it, but I've never had a roadside repair that I've thought could have been avoided. I can't remember the last time I did any maintenance on the bikes, other than adjusting brakes and lubricating chains, outside of that annual service.
*My riding has reduced, grandkids do that for you, I may start servicing my bikes bi-annually.
** There is an argument that the crank/spindle interface shouldn't be lubricated and are best left undisturbed. I've seen several wrecked by becoming impossible to remove, I don't know of anyone who'd wrecked one by lubrication!