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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 | $101,591-49.2% | $147,096-64.9% | $74,429-30.6% |
| Participation rate | 97.3% | 75.5%+21.8pp | 82.2%+15.2pp | 67.2%+30.1pp |
| Annual return | 13.91% | 8746.45%-8732.5pp | 419.75%-405.8pp | 1368.38%-1354.5pp |
| Employer contribution / active EE | $5,760 | $3,813+51.1% | $4,936+16.7% | $2,625+119.4% |
| Participant deferral / active EE | $8,131 | $7,302+11.3% | $8,071+0.7% | $4,348+87.0% |
| Admin fee / account holder | $372 | $1,750-78.7% | $13,005-97.1% | $1,944-80.9% |