Filed January 28, 2005
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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 10-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 CORPORATION4+ years Service code 13 · EIN 35-1140070 | Contract Administrator | $35,265 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $42,088 | $44,873-6.2% | $79,464-47.0% | $56,287-25.2% |
| Participation rate | 33.8% | 68.7%-35.0pp | 73.3%-39.6pp | 69.9%-36.1pp |
| Annual return | -3.49% | 0.81%-4.3pp | 718.14%-721.6pp | -9.96%+6.5pp |
| Employer contribution / active EE | $712 | $2,140-66.7% | $2,800-74.6% | $2,111-66.3% |
| Participant deferral / active EE | $1,812 | $2,746-34.0% | $3,704-51.1% | $3,350-45.9% |
| Admin fee / account holder | $400 | $418-4.3% | $5,113-92.2% | $521-23.2% |