Filed June 26, 2020 (most recent of 4 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION2+ years Service code 13 · EIN 35-1140070 | Contract Administrator | $93,201 |
ARNERICH MASSENA2+ years Filed as: ARNERICH, MASSENA & ASSOCIATES Service code 26 · EIN 93-1119723 | Advisory (Participants) | $11,500 |
Filed as: PRINCIPAL FINANCIAL GROUP Service code 27 · EIN 42-0127290 | Advisory (Plan) | $1,195 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $45,216 | $49,270-8.2% | $156,551-71.1% | $329,111-86.3% |
| Participation rate | 97.5% | 68.1%+29.4pp | 84.0%+13.5pp | 67.9%+29.7pp |
| Annual return | 18.20% | 23.25%-5.1pp | 32.23%-14.0pp | 16.35%+1.8pp |
| Employer contribution / active EE | -$7 | $1,534-100.4% | $5,501-100.1% | $2,303-100.3% |
| Participant deferral / active EE | $5,574 | $2,920+90.9% | $4,871+14.4% | $3,682+51.4% |
| Admin fee / account holder | $7 | $51-87.0% | $13,028-99.9% | $754-99.1% |