Filed November 28, 2022 (most recent of 3 filings on file)
Total covered: 26 employees
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| Provider | Service type | Compensation |
|---|---|---|
GREENLEAF TRUST3+ years Service code 15 · EIN 38-3416104 | Recordkeeping | $41,403 |
LINCOLN NATIONAL CORPORATION3+ years Filed as: LINCOLN FINANCIAL GROUP Service code 13 · EIN 35-0472300 | Contract Administrator | $275 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $51,172 | $55,453-7.7% | $170,442-70.0% | $62,292-17.9% |
| Participation rate | 56.4% | 66.4%-9.9pp | 83.6%-27.2pp | 69.5%-13.1pp |
| Annual return | 21.11% | 21.38%-0.3pp | 205.93%-184.8pp | 28.90%-7.8pp |
| Employer contribution / active EE | $915 | $2,164-57.7% | $5,433-83.2% | $2,042-55.2% |
| Participant deferral / active EE | $3,403 | $2,303+47.8% | $4,939-31.1% | $3,169+7.4% |
| Admin fee / account holder | $257 | $455-43.5% | $13,880-98.1% | $479-46.3% |