Filed March 17, 2005
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 7-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION2 years Service code 26 · EIN 35-0472300 | Advisory (Participants) | $34,376 |
NOVA 401(K) ASSOCIATES4 years Service code 15 · EIN 20-1181458 | Recordkeeping | $7,396 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $15,373 | $52,660-70.8% | $86,612-82.3% | $80,160-80.8% |
| Participation rate | 20.1% | 62.4%-42.4pp | 71.7%-51.6pp | 72.9%-52.9pp |
| Annual return | 12.17% | 24.87%-12.7pp | 591.07%-578.9pp | 40.38%-28.2pp |
| Employer contribution / active EE | $256 | $2,140-88.0% | $3,022-91.5% | $2,978-91.4% |
| Participant deferral / active EE | $894 | $3,215-72.2% | $4,438-79.9% | $5,017-82.2% |
| Admin fee / account holder | $92 | $113-18.1% | $5,614-98.4% | $145-36.3% |