Filed June 9, 2016 (most recent of 3 filings on file)
| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION1+ years Service code 13 · EIN 35-1140070 | Contract Administrator | $18 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $13,030 | $63,964-79.6% | $147,618-91.2% | $67,505-80.7% |
| Participation rate | 64.4% | 68.6%-4.2pp | 84.6%-20.3pp | 71.2%-6.9pp |
| Annual return | 0.34% | 9.05%-8.7pp | 61.98%-61.6pp | 6.52%-6.2pp |
| Employer contribution / active EE | $741 | $1,618-54.2% | $5,564-86.7% | $2,173-65.9% |
| Participant deferral / active EE | $0 | $2,589-100.0% | $4,895-100.0% | $3,597-100.0% |
| Admin fee / account holder | $0 | $43-100.0% | $11,612-100.0% | $56-100.0% |