Filed October 26, 2004
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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 13 · EIN 35-1140070 | Contract Administrator | $70,052 |
Filed as: PRIME CAPITAL INVMT ADV Service code 26 · EIN 82-1364595 | Advisory (Participants) | $29,590 |
QUALIFIED PLANS, LLC5 years Filed as: QUALIFIED PLAN ADVISORS Service code 13 · EIN 82-1364595 | Contract Administrator | $26,037 |
MORNINGSTAR1 year Service code 27 · EIN 36-3297908 | Advisory (Plan) | $12,480 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $52,913 | $47,126+12.3% | $149,673-64.6% | $74,419-28.9% |
| Participation rate | 56.3% | 63.4%-7.1pp | 78.8%-22.5pp | 70.7%-14.4pp |
| Annual return | 14.36% | 22.75%-8.4pp | 134.42%-120.1pp | 34.38%-20.0pp |
| Employer contribution / active EE | $1,165 | $1,905-38.9% | $4,818-75.8% | $2,637-55.8% |
| Participant deferral / active EE | $2,451 | $2,728-10.2% | $5,680-56.9% | $4,528-45.9% |
| Admin fee / account holder | $457 | $343+33.5% | $13,210-96.5% | $348+31.5% |