Filed March 4, 2016 (most recent of 3 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION10+ years Service code 13 · EIN 35-1140070 | Contract Administrator | $97,021 |
Filed as: FIDUCIARY ADVISORS LLC Service code 13 · EIN 36-4001764 | Contract Administrator | $22,000 |
BERRY DUNN1 year Filed as: BERRY DUNN MCNEIL & PARKER, LLC Service code 10 · EIN 01-0523282 | Accounting | $15,700 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $203,493 | $122,063+66.7% | $184,256+10.4% | $74,478+173.2% |
| Participation rate | 93.4% | 85.5%+8.0pp | 86.8%+6.6pp | 67.2%+26.2pp |
| Annual return | 15.06% | 19.92%-4.9pp | 28.85%-13.8pp | 1370.56%-1355.5pp |
| Employer contribution / active EE | $8,686 | $4,539+91.4% | $6,427+35.2% | $2,626+230.7% |
| Participant deferral / active EE | $7,096 | $7,144-0.7% | $9,133-22.3% | $4,350+63.1% |
| Admin fee / account holder | $548 | $1,253-56.3% | $13,899-96.1% | $1,946-71.9% |