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 CORPORATION3 years Service code 26 · EIN 35-0472300 | Advisory (Participants) | $44,217 |
NOVA 401(K) ASSOCIATES5 years Service code 15 · EIN 20-1181458 | Recordkeeping | $8,658 |
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.
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 | $21,810 | $55,331-60.6% | $81,812-73.3% | $199,593-89.1% |
| Participation rate | 21.0% | 62.5%-41.5pp | 72.3%-51.3pp | 72.0%-50.9pp |
| Annual return | 22.55% | 19.59%+3.0pp | 773.79%-751.2pp | 34.25%-11.7pp |
| Employer contribution / active EE | $292 | $2,101-86.1% | $2,912-90.0% | $3,034-90.4% |
| Participant deferral / active EE | $923 | $3,283-71.9% | $4,319-78.6% | $5,087-81.9% |
| Admin fee / account holder | $111 | $346-68.0% | $7,386-98.5% | $269-58.8% |