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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 | $29,554+130.9% | $56,054+21.7% | $77,692-12.2% |
| Participation rate | 33.7% | 32.6%+1.0pp | 52.5%-18.8pp | 70.6%-36.9pp |
| Annual return | 15.36% | 18.89%-3.5pp | 1705.95%-1690.6pp | 31.25%-15.9pp |
| Employer contribution / active EE | $810 | $568+42.6% | $1,039-22.0% | $2,726-70.3% |
| Participant deferral / active EE | $1,627 | $1,061+53.4% | $1,952-16.6% | $4,648-65.0% |
| Admin fee / account holder | $170 | $1,046-83.8% | $2,822-94.0% | $431-60.6% |