Filed March 10, 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 |
|---|---|---|
LINCOLN NATIONAL CORPORATION3 years Service code 13 · EIN 35-1140070 | Contract Administrator | $52,796 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return 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 | $59,420 | $73,360-19.0% | $177,989-66.6% | $74,495-20.2% |
| Participation rate | 68.8% | 66.6%+2.2pp | 77.1%-8.3pp | 67.2%+1.6pp |
| Annual return | 9.08% | 17.49%-8.4pp | 294.48%-285.4pp | 1364.94%-1355.9pp |
| Employer contribution / active EE | $2,222 | $2,216+0.3% | $3,949-43.7% | $2,623-15.3% |
| Participant deferral / active EE | $4,322 | $4,513-4.2% | $6,276-31.1% | $4,346-0.5% |
| Admin fee / account holder | $297 | $1,808-83.6% | $10,363-97.1% | $1,942-84.7% |