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 |
|---|---|---|
LINCOLN NATIONAL CORPORATION8+ years Service code 13 · EIN 35-0472300 P.O. BOX 7877 · FORT WAYNE, IN 46802 | Contract Administrator | $53,066 |
TIAA8+ years Service code 13 · EIN 13-1624203 | Contract Administrator | $750 |
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.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $131,375 | $105,179+24.9% | $64,056+105.1% | $80,160+63.9% |
| Participation rate | 55.4% | 73.5%-18.2pp | 72.3%-16.9pp | 72.9%-17.6pp |
| Annual return | 10.48% | 20.34%-9.9pp | 33.69%-23.2pp | 40.38%-29.9pp |
| Employer contribution / active EE | $4,313 | $3,311+30.3% | $2,747+57.0% | $2,978+44.8% |
| Participant deferral / active EE | $2,341 | $4,020-41.8% | $3,880-39.7% | $5,017-53.3% |
| Admin fee / account holder | $36 | $113-68.0% | $3,068-98.8% | $145-75.0% |