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| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION7 years Service code 64 · EIN 35-1140070 | Recordkeeping Fees | $1,164 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $33,931 | $47,180-28.1% | $149,723-77.3% | $74,473-54.4% |
| Participation rate | 20.1% | 63.4%-43.3pp | 78.8%-58.6pp | 70.7%-50.6pp |
| Annual return | 15.53% | 22.75%-7.2pp | 134.50%-119.0pp | 34.36%-18.8pp |
| Employer contribution / active EE | $336 | $1,907-82.4% | $4,821-93.0% | $2,638-87.3% |
| Participant deferral / active EE | $1,215 | $2,730-55.5% | $5,682-78.6% | $4,530-73.2% |
| Admin fee / account holder | $21 | $343-93.9% | $13,215-99.8% | $347-94.0% |