Filed July 17, 2020 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION8+ years Service code 13 · EIN 35-1140070 | Contract Administrator | $1,120,607 |
MORNINGSTAR6 years Service code 27 · EIN 36-4317381 | Advisory (Plan) | $25,727 |
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 | $59,216 | $68,330-13.3% | $149,740-60.5% | $96,393-38.6% |
| Participation rate | 99.1% | 74.6%+24.5pp | 78.8%+20.3pp | 71.3%+27.8pp |
| Annual return | 18.96% | 29.64%-10.7pp | 134.51%-115.6pp | 22.88%-3.9pp |
| Employer contribution / active EE | $2,589 | $2,139+21.0% | $4,821-46.3% | $3,239-20.1% |
| Participant deferral / active EE | $6,838 | $4,422+54.7% | $5,683+20.3% | $5,455+25.4% |
| Admin fee / account holder | $70 | $52+35.1% | $13,222-99.5% | $74-5.0% |