Filed December 22, 2023
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 10-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 |
|---|---|---|
Filed as: LINCOLN NATIONAL LIFE INSURANCE CO. Service code 64 · EIN 35-0472300 1300 S. CLINTON STREET · FORT WAYNE, IN 468012248 | Recordkeeping Fees | $24,352 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $42,259 | $58,879-28.2% | $178,490-76.3% | $73,488-42.5% |
| Participation rate | 56.0% | 66.2%-10.2pp | 81.9%-25.9pp | 70.7%-14.6pp |
| Annual return | 11.76% | 24.86%-13.1pp | 151.07%-139.3pp | 28.51%-16.8pp |
| Employer contribution / active EE | $1,649 | $2,236-26.3% | $5,011-67.1% | $2,270-27.4% |
| Participant deferral / active EE | $2,824 | $2,567+10.0% | $5,202-45.7% | $3,740-24.5% |
| Admin fee / account holder | $248 | $400-37.9% | $13,984-98.2% | $513-51.6% |