Filed March 29, 2017 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION10+ years Service code 13 · EIN 35-0472300 | Contract Administrator | $124,966 |
MORGAN STANLEY SMITH BARNEY8 years Filed as: MORGAN STANLEY GLOBAL BANKING Service code 26 · EIN 36-3145972 | Advisory (Participants) | $53,236 |
Service code 15 · EIN 42-1484983 | Recordkeeping | $10,962 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $36,421 | $73,532-50.5% | $178,505-79.6% | $74,478-51.1% |
| Participation rate | 98.2% | 66.6%+31.7pp | 77.1%+21.1pp | 67.2%+31.0pp |
| Annual return | 14.12% | 17.49%-3.4pp | 27.16%-13.0pp | 1370.56%-1356.4pp |
| Employer contribution / active EE | $2,777 | $2,221+25.1% | $3,955-29.8% | $2,626+5.7% |
| Participant deferral / active EE | $5,837 | $4,519+29.2% | $6,280-7.1% | $4,350+34.2% |
| Admin fee / account holder | $320 | $1,813-82.3% | $10,428-96.9% | $1,946-83.6% |