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 CORPORATION3 years Service code 13 · EIN 35-1140070 | Contract Administrator | $76,528 |
Filed as: PRIME CAPITAL INVMT ADV Service code 26 · EIN 82-1364595 | Advisory (Participants) | $30,952 |
QUALIFIED PLANS, LLC6 years Filed as: QUALIFIED PLAN ADVISORS Service code 13 · EIN 82-1364595 | Contract Administrator | $24,747 |
MORNINGSTAR2 years Service code 27 · EIN 36-3297908 | Advisory (Plan) | $11,415 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $45,123 | $50,815-11.2% | $155,509-71.0% | $77,643-41.9% |
| Participation rate | 71.3% | 63.1%+8.1pp | 78.2%-6.9pp | 70.6%+0.7pp |
| Annual return | 10.00% | 34.80%-24.8pp | 64.67%-54.7pp | 31.24%-21.2pp |
| Employer contribution / active EE | $1,157 | $1,993-41.9% | $4,672-75.2% | $2,726-57.6% |
| Participant deferral / active EE | $2,614 | $2,822-7.4% | $5,626-53.5% | $4,647-43.8% |
| Admin fee / account holder | $407 | $437-6.8% | $15,912-97.4% | $430-5.5% |