Filed August 11, 2020
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 4-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 | $44,256 |
Filed as: MML INVESTOR SERVICES Service code 27 · EIN 04-1590850 | Advisory (Plan) | $14,223 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $37,292 | $91,762-59.4% | $67,502-44.8% | $77,643-52.0% |
| Participation rate | 26.5% | 75.9%-49.4pp | 72.9%-46.3pp | 70.6%-44.0pp |
| Annual return | 13.25% | 14.87%-1.6pp | 3512.12%-3498.9pp | 31.24%-18.0pp |
| Employer contribution / active EE | $0 | $3,181-100.0% | $2,731-100.0% | $2,726-100.0% |
| Participant deferral / active EE | $1,295 | $3,903-66.8% | $4,000-67.6% | $4,647-72.1% |
| Admin fee / account holder | $226 | $176+28.3% | $3,998-94.4% | $430-47.5% |