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 | $58 |
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 | $14,720 | $43,110-65.9% | $156,551-90.6% | $65,292-77.5% |
| Participation rate | 58.6% | 69.3%-10.8pp | 84.0%-25.5pp | 72.4%-13.9pp |
| Annual return | 7.27% | 11.24%-4.0pp | 32.23%-25.0pp | 11.84%-4.6pp |
| Employer contribution / active EE | $1,527 | $1,702-10.3% | $5,501-72.2% | $2,302-33.7% |
| Participant deferral / active EE | $0 | $2,520-100.0% | $4,871-100.0% | $3,579-100.0% |
| Admin fee / account holder | $0 | $47-100.0% | $13,028-100.0% | $57-100.0% |