Filed September 23, 2022 (most recent of 2 filings on file)
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 CORPORATION7+ years Filed as: LINCOLN FINANCIAL ADVISORS CORP Service code 55 · EIN 35-1151034 | Other Commissions | $118,041 |
Service code 37 · EIN 04-2647786 | Loan Processing | $7,900 |
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).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $103,077 | $78,275+31.7% | $109,143-5.6% | $86,799+18.8% |
| Participation rate | 59.4% | 73.8%-14.5pp | 75.9%-16.5pp | 72.3%-12.9pp |
| Annual return | 13.26% | 19.14%-5.9pp | 25.75%-12.5pp | 97.91%-84.6pp |
| Employer contribution / active EE | $617 | $3,105-80.1% | $3,722-83.4% | $2,405-74.3% |
| Participant deferral / active EE | $3,944 | $3,641+8.3% | $4,653-15.2% | $4,131-4.5% |
| Admin fee / account holder | $14 | $198-92.8% | $6,752-99.8% | $170-91.6% |