Filed January 17, 2023
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 |
|---|---|---|
LINCOLN NATIONAL CORPORATION2 years Service code 14 · EIN 35-0472300 | Plan Administrator | $27,031 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $173,845 | $100,041+73.8% | $149,718+16.1% | $70,131+147.9% |
| Participation rate | 77.2% | 83.6%-6.4pp | 87.1%-9.9pp | 69.5%+7.7pp |
| Annual return | 15.38% | 27.43%-12.0pp | 1501.63%-1486.2pp | 73.14%-57.8pp |
| Employer contribution / active EE | $2,602 | $3,662-28.9% | $5,445-52.2% | $2,342+11.1% |
| Participant deferral / active EE | $8,495 | $4,983+70.5% | $6,569+29.3% | $3,332+155.0% |
| Admin fee / account holder | $338 | $8,286-95.9% | $11,283-97.0% | $4,645-92.7% |