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 | $73,397-19.0% | $178,014-66.6% | $74,546-20.3% |
| Participation rate | 68.8% | 66.6%+2.2pp | 77.1%-8.3pp | 67.2%+1.6pp |
| Annual return | 9.08% | 17.49%-8.4pp | 294.80%-285.7pp | 1366.03%-1356.9pp |
| Employer contribution / active EE | $2,222 | $2,217+0.2% | $3,950-43.7% | $2,624-15.3% |
| Participant deferral / active EE | $4,322 | $4,512-4.2% | $6,276-31.1% | $4,347-0.6% |
| Admin fee / account holder | $297 | $1,809-83.6% | $10,362-97.1% | $1,944-84.7% |