Filed January 30, 2020
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 10-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 |
|---|---|---|
Filed as: LINCOLN RETIREMENT SERVICES COMPANY Service code 13 · EIN 35-0472300 P.O. BOX 2212 · FORT WAYNE, IN 46801 | Contract Administrator | $66,836 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $112,612 | $105,581+6.7% | $70,449+59.8% | $90,288+24.7% |
| Participation rate | 50.9% | 77.5%-26.6pp | 75.1%-24.1pp | 73.4%-22.4pp |
| Annual return | 5.40% | 14.78%-9.4pp | 109.03%-103.6pp | 53.97%-48.6pp |
| Employer contribution / active EE | $5,184 | $3,304+56.9% | $2,737+89.4% | $2,524+105.4% |
| Participant deferral / active EE | $2,614 | $3,813-31.4% | $3,709-29.5% | $4,232-38.2% |
| Admin fee / account holder | $53 | $68-21.4% | $3,845-98.6% | $114-53.5% |