Filed March 2, 2026
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| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION7 years Service code 13 · EIN 35-0472300 | Contract Administrator | $186,802 |
Service code 17 · EIN 20-1409613 | Pension Consulting | $16,265 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $17,444 | $44,897-61.1% | $84,966-79.5% | $199,593-91.3% |
| Participation rate | 42.8% | 45.7%-2.9pp | 67.5%-24.7pp | 72.0%-29.2pp |
| Annual return | 13.71% | 20.96%-7.3pp | 66.38%-52.7pp | 34.25%-20.5pp |
| Employer contribution / active EE | $321 | $1,365-76.5% | $2,727-88.2% | $3,034-89.4% |
| Participant deferral / active EE | $1,226 | $2,668-54.0% | $4,519-72.9% | $5,087-75.9% |
| Admin fee / account holder | $61 | $584-89.6% | $6,149-99.0% | $269-77.5% |