Filed July 17, 2020 (most recent of 2 filings on file)
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 9-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 35-1140070 | 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).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $59,216 | $68,330-13.3% | $149,673-60.4% | $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 | 134.42%-115.5pp | 22.88%-3.9pp |
| Employer contribution / active EE | $2,589 | $2,139+21.0% | $4,818-46.3% | $3,238-20.1% |
| Participant deferral / active EE | $6,838 | $4,422+54.7% | $5,680+20.4% | $5,455+25.4% |
| Admin fee / account holder | $70 | $52+35.1% | $13,210-99.5% | $74-5.0% |