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| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION2 years Service code 13 · EIN 35-0472300 | Contract Administrator | $8,043 |
TAG RESOURCES, LLC2 years Service code 15 · EIN 62-1874769 | Recordkeeping | $749 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $1,451 | $62,132-97.7% | $185,861-99.2% | $73,497-98.0% |
| Participation rate | 87.0% | 67.8%+19.2pp | 78.0%+9.0pp | 70.7%+16.4pp |
| Annual return | 20.86% | 20.44%+0.4pp | 35.96%-15.1pp | 28.51%-7.7pp |
| Employer contribution / active EE | $629 | $1,681-62.6% | $4,088-84.6% | $2,270-72.3% |
| Participant deferral / active EE | $630 | $3,711-83.0% | $5,634-88.8% | $3,740-83.2% |
| Admin fee / account holder | $33 | $419-92.1% | $9,503-99.7% | $513-93.6% |