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 |
|---|---|---|
LINCOLN NATIONAL CORPORATION6+ years Service code 13 · EIN 35-1140070 | Contract Administrator | $79,203 |
Filed as: PALMER RETIREMENT CONSULTING Service code 16 · EIN 81-0701292 | Consulting | $36,750 |
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 | $61,980 | $66,513-6.8% | $178,510-65.3% | $106,273-41.7% |
| Participation rate | 65.7% | 73.8%-8.1pp | 81.9%-16.3pp | 70.8%-5.1pp |
| Annual return | 20.67% | 21.81%-1.1pp | 151.13%-130.5pp | 21.70%-1.0pp |
| Employer contribution / active EE | $0 | $1,776-100.0% | $5,011-100.0% | $2,722-100.0% |
| Participant deferral / active EE | $3,621 | $3,679-1.6% | $5,202-30.4% | $4,601-21.3% |
| Admin fee / account holder | $12 | $53-77.7% | $13,988-99.9% | $78-84.8% |