Filed November 28, 2022 (most recent of 3 filings on file)
Total covered: 26 employees
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 |
|---|---|---|
GREENLEAF TRUST6+ years Service code 15 · EIN 38-3416104 | Recordkeeping | $57,812 |
LINCOLN NATIONAL CORPORATION6+ years Filed as: LINCOLN FINANCIAL GROUP Service code 13 · EIN 35-0472300 | Contract Administrator | $200 |
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 | $56,397 | $52,293+7.8% | $178,490-68.4% | $73,409-23.2% |
| Participation rate | 58.2% | 65.3%-7.1pp | 81.9%-23.7pp | 72.2%-13.9pp |
| Annual return | 24.82% | 34.75%-9.9pp | 151.07%-126.2pp | 59.29%-34.5pp |
| Employer contribution / active EE | $1,003 | $1,735-42.2% | $5,011-80.0% | $2,234-55.1% |
| Participant deferral / active EE | $3,901 | $2,332+67.3% | $5,202-25.0% | $3,805+2.5% |
| Admin fee / account holder | $249 | $127+95.5% | $13,984-98.2% | $158+57.7% |