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| Provider | Service type | Compensation |
|---|---|---|
Filed as: LINCOLN NATIONAL LIFE INSURANCE CO. Service code 13 · EIN 35-0472300 | Contract Administrator | $50,620 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $51,649 | $101,672-49.2% | $147,117-64.9% | $74,478-30.7% |
| Participation rate | 97.3% | 75.5%+21.8pp | 82.2%+15.2pp | 67.2%+30.1pp |
| Annual return | 13.91% | 8757.83%-8743.9pp | 420.54%-406.6pp | 1370.56%-1356.7pp |
| Employer contribution / active EE | $5,760 | $3,813+51.0% | $4,932+16.8% | $2,626+119.3% |
| Participant deferral / active EE | $8,131 | $7,305+11.3% | $8,065+0.8% | $4,350+86.9% |
| Admin fee / account holder | $372 | $1,753-78.8% | $12,993-97.1% | $1,946-80.9% |