Filed March 4, 2016 (most recent of 3 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION11+ years Service code 13 · EIN 35-1140070 | Contract Administrator | $105,846 |
Filed as: FIDUCIARY ADVISORS LLC Service code 13 · EIN 36-4001764 | Contract Administrator | $22,000 |
BDMP ASSURANCE, LLP1 year Service code 10 · EIN 99-4708358 | Accounting | $12,400 |
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 | $214,632 | $128,603+66.9% | $197,124+8.9% | $67,986+215.7% |
| Participation rate | 95.5% | 81.7%+13.8pp | 86.7%+8.8pp | 57.2%+38.3pp |
| Annual return | 17.39% | 23.77%-6.4pp | 44.34%-27.0pp | 31.67%-14.3pp |
| Employer contribution / active EE | $8,804 | $4,379+101.0% | $6,227+41.4% | $2,019+336.1% |
| Participant deferral / active EE | $7,371 | $6,840+7.8% | $9,135-19.3% | $3,358+119.5% |
| Admin fee / account holder | $514 | $3,035-83.1% | $16,298-96.8% | $3,203-84.0% |