Filed October 18, 2021
See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION10+ years Service code 13 · EIN 35-1140070 | Contract Administrator | $5,934 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $58,707 | $96,018-38.9% | $65,493-10.4% | $85,563-31.4% |
| Participation rate | 68.9% | 74.8%-5.9pp | 73.1%-4.2pp | 66.0%+2.9pp |
| Annual return | 11.97% | 14.51%-2.5pp | 982.45%-970.5pp | 31.51%-19.5pp |
| Employer contribution / active EE | $751 | $3,235-76.8% | $2,574-70.8% | $2,654-71.7% |
| Participant deferral / active EE | $2,884 | $4,055-28.9% | $3,961-27.2% | $4,375-34.1% |
| Admin fee / account holder | $9 | $271-96.9% | $5,028-99.8% | $834-99.0% |