Filed February 19, 2021
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 CORPORATION3 years Service code 13 · EIN 35-0472300 | Contract Administrator | $1,900 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $16,274 | $42,353-61.6% | $79,550-79.5% | $64,808-74.9% |
| Participation rate | 92.5% | 64.8%+27.7pp | 69.5%+23.0pp | 71.5%+21.0pp |
| Annual return | -9.10% | -12.24%+3.1pp | 0.16%-9.3pp | 32.82%-41.9pp |
| Employer contribution / active EE | $610 | $1,181-48.3% | $2,413-74.7% | $2,506-75.6% |
| Participant deferral / active EE | $1,907 | $3,170-39.8% | $3,985-52.1% | $4,310-55.8% |
| Admin fee / account holder | $4 | $160-97.5% | $6,832-99.9% | $188-97.9% |