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 CORPORATION4+ years Service code 13 · EIN 35-0472300 | Contract Administrator | $46,407 |
Filed as: MML INVESTOR SERVICES Service code 27 · EIN 04-1590850 | Advisory (Plan) | $15,370 |
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.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $40,181 | $96,018-58.2% | $65,493-38.6% | $85,563-53.0% |
| Participation rate | 25.3% | 74.8%-49.5pp | 73.1%-47.8pp | 66.0%-40.6pp |
| Annual return | 20.40% | 14.51%+5.9pp | 982.45%-962.0pp | 31.51%-11.1pp |
| Employer contribution / active EE | $0 | $3,235-100.0% | $2,574-100.0% | $2,654-100.0% |
| Participant deferral / active EE | $1,364 | $4,055-66.4% | $3,961-65.6% | $4,375-68.8% |
| Admin fee / account holder | $224 | $271-17.3% | $5,028-95.5% | $834-73.2% |