Filed March 4, 2016 (most recent of 3 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION6+ years Service code 13 · EIN 35-1140070 | Contract Administrator | $78,654 |
Service code 13 · EIN 20-4751585 | Contract Administrator | $16,500 |
Filed as: DIMEO SCHNEIDER & ASSOCIATES, LLC Service code 13 · EIN 36-4001764 | Contract Administrator | $5,500 |
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 | $195,802 | $136,307+43.6% | $177,848+10.1% | $73,497+166.4% |
| Participation rate | 98.0% | 86.1%+11.9pp | 87.7%+10.3pp | 70.7%+27.3pp |
| Annual return | 13.02% | 18.68%-5.7pp | 48.33%-35.3pp | 28.51%-15.5pp |
| Employer contribution / active EE | $8,584 | $3,712+131.3% | $5,919+45.0% | $2,270+278.1% |
| Participant deferral / active EE | $5,620 | $5,829-3.6% | $7,714-27.1% | $3,740+50.3% |
| Admin fee / account holder | $589 | $596-1.2% | $12,431-95.3% | $513+14.7% |