Filed August 28, 2009 (most recent of 4 filings on file)
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.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: PALMER RETIREMENT CONSULTING Service code 16 · EIN 81-0701292 | Consulting | $27,563 |
LINCOLN NATIONAL CORPORATION4+ years Service code 13 · EIN 35-1140070 | Contract Administrator | $20,425 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $44,874 | $46,969-4.5% | $154,110-70.9% | $73,367-38.8% |
| Participation rate | 61.5% | 72.4%-10.9pp | 83.0%-21.5pp | 69.5%-8.0pp |
| Annual return | -4.41% | 821.68%-826.1pp | 735.22%-739.6pp | 173.45%-177.9pp |
| Employer contribution / active EE | $0 | $1,723-100.0% | $5,298-100.0% | $2,499-100.0% |
| Participant deferral / active EE | $2,990 | $3,162-5.4% | $5,081-41.1% | $4,033-25.8% |
| Admin fee / account holder | $5 | $47-89.1% | $13,412-100.0% | $68-92.6% |