Filed June 26, 2020 (most recent of 4 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION7+ years Service code 13 · EIN 35-1140070 | Contract Administrator | $456,630 |
Filed as: PRINCIPAL FINANCIAL GROUP Service code 26 · EIN 42-0127290 | Advisory (Participants) | $1,183 |
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 | $95,120 | $68,062+39.8% | $185,854-48.8% | $106,520-10.7% |
| Participation rate | 92.5% | 75.2%+17.3pp | 81.7%+10.8pp | 71.3%+21.2pp |
| Annual return | 14.94% | 18.20%-3.3pp | 122.12%-107.2pp | 19.28%-4.3pp |
| Employer contribution / active EE | $0 | $1,997-100.0% | $5,169-100.0% | $2,840-100.0% |
| Participant deferral / active EE | $7,906 | $3,990+98.1% | $5,569+42.0% | $4,948+59.8% |
| Admin fee / account holder | $27 | $53-49.5% | $16,246-99.8% | $75-64.2% |