Filed July 17, 2020 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION9+ years Service code 13 · EIN 35-1140070 | Contract Administrator | $1,111,306 |
MORNINGSTAR7 years Service code 27 · EIN 36-3297908 | Advisory (Plan) | $29,098 |
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 | $71,757 | $73,283-2.1% | $155,556-53.9% | $106,553-32.7% |
| Participation rate | 99.4% | 73.3%+26.1pp | 78.2%+21.1pp | 69.8%+29.5pp |
| Annual return | 14.02% | 15.76%-1.7pp | 64.84%-50.8pp | 17.37%-3.3pp |
| Employer contribution / active EE | $2,834 | $2,241+26.5% | $4,675-39.4% | $3,359-15.6% |
| Participant deferral / active EE | $7,544 | $4,567+65.2% | $5,631+34.0% | $5,562+35.6% |
| Admin fee / account holder | $72 | $56+29.4% | $15,885-99.5% | $80-9.2% |