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| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION10+ years Service code 13 · EIN 35-1140070 | Contract Administrator | $34,768 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $68,235 | $29,525+131.1% | $56,033+21.8% | $77,736-12.2% |
| Participation rate | 33.7% | 32.7%+1.0pp | 52.5%-18.8pp | 70.6%-36.9pp |
| Annual return | 15.36% | 18.90%-3.5pp | 1711.38%-1696.0pp | 31.26%-15.9pp |
| Employer contribution / active EE | $810 | $569+42.3% | $1,041-22.1% | $2,728-70.3% |
| Participant deferral / active EE | $1,627 | $1,062+53.3% | $1,954-16.7% | $4,651-65.0% |
| Admin fee / account holder | $170 | $1,040-83.7% | $2,827-94.0% | $433-60.9% |