Filed June 6, 2005
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 CORPORATION6 years Filed as: LINCOLN FINANCIAL ADVISORS CORP Service code 55 · EIN 35-1151034 | Other Commissions | $16,758 |
Service code 37 · EIN 04-2647786 | Loan Processing | $2,083 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Form 5500 reported that benefits due were not provided when due.
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 | $26,482 | $30,086-12.0% | $61,373-56.9% | $64,808-59.1% |
| Participation rate | 39.3% | 36.4%+2.9pp | 52.6%-13.3pp | 71.5%-32.2pp |
| Annual return | -14.64% | -13.99%-0.6pp | 338.61%-353.2pp | 32.82%-47.5pp |
| Employer contribution / active EE | $102 | $536-80.9% | $1,159-91.2% | $2,506-95.9% |
| Participant deferral / active EE | $1,117 | $1,126-0.8% | $2,125-47.5% | $4,310-74.1% |
| Admin fee / account holder | $9 | $148-94.2% | $2,130-99.6% | $188-95.4% |