Filed July 17, 2020 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION7+ years Service code 13 · EIN 35-1140070 | Contract Administrator | $1,099,686 |
MORNINGSTAR5 years Service code 27 · EIN 36-4317381 | Advisory (Plan) | $27,853 |
MADJ MARKETING LLC1 year Service code 16 · EIN 83-0982485 | Consulting | $4,845 |
Annual investment return is in the bottom quintile of the peer cohort.
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 | $48,032 | $83,057-42.2% | $143,801-66.6% | $89,433-46.3% |
| Participation rate | 96.7% | 74.0%+22.6pp | 80.3%+16.4pp | 71.3%+25.4pp |
| Annual return | -16.99% | -13.97%-3.0pp | -0.04%-17.0pp | -11.88%-5.1pp |
| Employer contribution / active EE | $2,861 | $2,095+36.5% | $4,952-42.2% | $3,021-5.3% |
| Participant deferral / active EE | $6,986 | $4,281+63.2% | $5,639+23.9% | $5,125+36.3% |
| Admin fee / account holder | $69 | $83-16.8% | $14,680-99.5% | $79-13.0% |