Filed April 7, 2015
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| Provider | Service type | Compensation |
|---|---|---|
STADION MONEY MANAGEMENT4+ years Service code 26 · EIN 58-2099805 | Advisory (Participants) | $89,792 |
FREEDMAN BENEFITS GROUP4+ years Service code 15 30400 TELEGRAPH ROAD · BINGHAM FARMS, MI 48025 | Recordkeeping | $60,801 |
LINCOLN NATIONAL CORPORATION4+ years Service code 13 · EIN 35-1140070 | Contract Administrator | $1,927 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $43,040 | $77,559-44.5% | $68,793-37.4% | $75,289-42.8% |
| Participation rate | 78.5% | 78.3%+0.2pp | 72.2%+6.3pp | 72.4%+6.1pp |
| Annual return | -5.22% | -1.01%-4.2pp | -4.63%-0.6pp | -0.04%-5.2pp |
| Employer contribution / active EE | $736 | $1,993-63.1% | $2,625-72.0% | $2,405-69.4% |
| Participant deferral / active EE | $2,683 | $3,128-14.2% | $3,311-19.0% | $3,739-28.2% |
| Admin fee / account holder | $173 | $90+91.2% | $5,131-96.6% | $102+68.9% |