Filed April 13, 2020 (most recent of 3 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: LOCKTON INVESTMENT ADVISORS Service code 16 · EIN 20-8874282 | Consulting | $50,000 |
LINCOLN NATIONAL CORPORATION4 years Service code 13 · EIN 35-0472300 | Contract Administrator | $6,275 |
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $68,912 | $56,503+22.0% | $69,890-1.4% | $64,824+6.3% |
| Participation rate | 97.7% | 70.5%+27.2pp | 70.5%+27.2pp | 71.5%+26.2pp |
| Annual return | -16.99% | -13.44%-3.6pp | 190.84%-207.8pp | 32.84%-49.8pp |
| Employer contribution / active EE | $3,023 | $2,046+47.7% | $2,560+18.1% | $2,507+20.6% |
| Participant deferral / active EE | $5,481 | $3,389+61.7% | $3,848+42.4% | $4,311+27.1% |
| Admin fee / account holder | $49 | $160-69.2% | $6,267-99.2% | $188-73.7% |