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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 | $101,499-49.1% | $147,005-64.9% | $74,546-30.7% |
| Participation rate | 97.3% | 75.5%+21.8pp | 82.2%+15.2pp | 67.2%+30.1pp |
| Annual return | 13.91% | 8732.34%-8718.4pp | 418.76%-404.9pp | 1366.03%-1352.1pp |
| Employer contribution / active EE | $5,760 | $3,811+51.1% | $4,934+16.7% | $2,624+119.5% |
| Participant deferral / active EE | $8,131 | $7,304+11.3% | $8,070+0.8% | $4,347+87.0% |
| Admin fee / account holder | $372 | $1,748-78.7% | $13,006-97.1% | $1,944-80.8% |