Filed February 23, 2009
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.
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 CORPORATION7 years Service code 13 · EIN 35-1140070 | Contract Administrator | $30,580 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $32,684 | $52,450-37.7% | $129,295-74.7% | $74,546-56.2% |
| Participation rate | 36.5% | 53.8%-17.4pp | 69.6%-33.2pp | 67.2%-30.8pp |
| Annual return | 14.97% | 15.65%-0.7pp | 9429.28%-9414.3pp | 1366.03%-1351.1pp |
| Employer contribution / active EE | $568 | $1,532-62.9% | $4,157-86.3% | $2,624-78.3% |
| Participant deferral / active EE | $1,496 | $2,797-46.5% | $4,169-64.1% | $4,347-65.6% |
| Admin fee / account holder | $222 | $2,636-91.6% | $7,665-97.1% | $1,944-88.6% |