Filed June 9, 2016 (most recent of 3 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION2+ years Service code 13 · EIN 35-1140070 | Contract Administrator | $4,898 |
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.
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 | $38,142 | $43,110-11.5% | $156,551-75.6% | $65,292-41.6% |
| Participation rate | 62.4% | 69.3%-6.9pp | 84.0%-21.6pp | 72.4%-10.1pp |
| Annual return | 6.85% | 11.24%-4.4pp | 32.23%-25.4pp | 11.84%-5.0pp |
| Employer contribution / active EE | $0 | $1,702-100.0% | $5,501-100.0% | $2,302-100.0% |
| Participant deferral / active EE | $2,144 | $2,520-14.9% | $4,871-56.0% | $3,579-40.1% |
| Admin fee / account holder | $1 | $47-98.2% | $13,028-100.0% | $57-98.5% |