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 CORPORATION9+ years Filed as: LINCOLN FINANCIAL ADVISORS CORP Service code 27 · EIN 35-1151034 | Advisory (Plan) | $26,170 |
Service code 37 · EIN 04-2647786 | Loan Processing | -$21,285 |
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 | $95,009 | $92,971+2.2% | $96,683-1.7% | $74,419+27.7% |
| Participation rate | 64.2% | 71.5%-7.3pp | 74.3%-10.1pp | 70.7%-6.5pp |
| Annual return | 17.05% | 37.49%-20.4pp | 35.69%-18.6pp | 34.38%-17.3pp |
| Employer contribution / active EE | $670 | $3,426-80.4% | $3,737-82.1% | $2,637-74.6% |
| Participant deferral / active EE | $4,373 | $3,970+10.1% | $4,878-10.4% | $4,528-3.4% |
| Admin fee / account holder | $8 | $633-98.8% | $6,730-99.9% | $348-97.7% |