Filed September 23, 2022 (most recent of 2 filings on file)
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION3+ years Filed as: LINCOLN FINANCIAL ADVISORS CORP Service code 55 · EIN 35-1151034 | Other Commissions | $63,548 |
Service code 37 · EIN 04-2647786 | Loan Processing | $6,125 |
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.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $79,003 | $60,545+30.5% | $92,240-14.4% | $69,631+13.5% |
| Participation rate | 55.8% | 72.2%-16.4pp | 76.5%-20.7pp | 70.7%-14.9pp |
| Annual return | 17.29% | 19.71%-2.4pp | 176.29%-159.0pp | 27571.02%-27553.7pp |
| Employer contribution / active EE | $466 | $2,633-82.3% | $3,680-87.3% | $2,032-77.1% |
| Participant deferral / active EE | $2,749 | $2,828-2.8% | $3,897-29.5% | $3,224-14.7% |
| Admin fee / account holder | $15 | $145-89.3% | $5,194-99.7% | $110-86.0% |