Filed February 26, 2021 (most recent of 2 filings on file)
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 CORPORATION2 years Service code 13 · EIN 35-1140070 | Contract Administrator | $62,811 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $114,539 | $73,638+55.5% | $95,952+19.4% | $73,488+55.9% |
| Participation rate | 92.6% | 76.2%+16.5pp | 77.1%+15.5pp | 70.7%+21.9pp |
| Annual return | 19.92% | 16.78%+3.1pp | 91.61%-71.7pp | 28.51%-8.6pp |
| Employer contribution / active EE | $4,125 | $1,863+121.4% | $2,541+62.4% | $2,270+81.7% |
| Participant deferral / active EE | $10,529 | $3,617+191.1% | $4,167+152.7% | $3,740+181.6% |
| Admin fee / account holder | $367 | $482-23.8% | $6,795-94.6% | $513-28.4% |