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 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).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $95,009 | $93,010+2.1% | $96,538-1.6% | $74,473+27.6% |
| Participation rate | 64.2% | 71.6%-7.3pp | 74.3%-10.1pp | 70.7%-6.5pp |
| Annual return | 17.05% | 37.50%-20.5pp | 35.74%-18.7pp | 34.36%-17.3pp |
| Employer contribution / active EE | $670 | $3,427-80.4% | $3,740-82.1% | $2,638-74.6% |
| Participant deferral / active EE | $4,373 | $3,971+10.1% | $4,880-10.4% | $4,530-3.5% |
| Admin fee / account holder | $8 | $633-98.8% | $6,737-99.9% | $347-97.7% |