Filed October 6, 2020
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 9-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 CORPORATION2+ years Service code 13 · EIN 35-0472300 | Contract Administrator | $79,357 |
MORNINGSTAR2+ years Service code 27 · EIN 36-4317381 | Advisory (Plan) | $144 |
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).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $30,050 | $37,196-19.2% | $154,107-80.5% | $55,725-46.1% |
| Participation rate | 66.8% | 64.1%+2.8pp | 83.0%-16.2pp | 70.9%-4.0pp |
| Annual return | -4.37% | 1319.68%-1324.1pp | 735.12%-739.5pp | 244.93%-249.3pp |
| Employer contribution / active EE | $1,601 | $1,614-0.8% | $5,298-69.8% | $2,078-22.9% |
| Participant deferral / active EE | $1,687 | $2,068-18.4% | $5,081-66.8% | $3,356-49.7% |
| Admin fee / account holder | $79 | $102-22.4% | $13,411-99.4% | $115-31.5% |