Filed October 6, 2020
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| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION3+ years Service code 13 · EIN 35-0472300 | Contract Administrator | $85,773 |
MORNINGSTAR3+ years Service code 27 · EIN 36-4317381 | Advisory (Plan) | $68 |
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $30,369 | $62,928-51.7% | $172,752-82.4% | $67,579-55.1% |
| Participation rate | 89.3% | 64.5%+24.9pp | 82.6%+6.7pp | 71.3%+18.0pp |
| Annual return | 17.13% | 30.36%-13.2pp | 802.97%-785.8pp | 378.56%-361.4pp |
| Employer contribution / active EE | $1,867 | $1,636+14.1% | $5,144-63.7% | $2,148-13.1% |
| Participant deferral / active EE | $1,592 | $2,145-25.8% | $5,198-69.4% | $3,539-55.0% |
| Admin fee / account holder | $75 | $167-54.8% | $13,955-99.5% | $142-47.1% |