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| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION2 years Filed as: LINCOLN RETIREMENT SERVICES Service code 13 · EIN 35-0472300 | Contract Administrator | $38,496 |
Service code 15 · EIN 42-1484983 | Recordkeeping | $3,225 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $3,720 | $73,532-94.9% | $178,505-97.9% | $74,478-95.0% |
| Participation rate | 85.7% | 66.6%+19.1pp | 77.1%+8.6pp | 67.2%+18.5pp |
| Annual return | 13.47% | 17.49%-4.0pp | 27.16%-13.7pp | 1370.56%-1357.1pp |
| Employer contribution / active EE | $1,332 | $2,221-40.0% | $3,955-66.3% | $2,626-49.3% |
| Participant deferral / active EE | $2,113 | $4,519-53.2% | $6,280-66.4% | $4,350-51.4% |
| Admin fee / account holder | $65 | $1,813-96.4% | $10,428-99.4% | $1,946-96.7% |