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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 | $73,459-94.9% | $178,528-97.9% | $74,429-95.0% |
| Participation rate | 85.7% | 66.5%+19.2pp | 77.1%+8.6pp | 67.2%+18.5pp |
| Annual return | 13.47% | 17.50%-4.0pp | 27.11%-13.6pp | 1368.38%-1354.9pp |
| Employer contribution / active EE | $1,332 | $2,219-40.0% | $3,950-66.3% | $2,625-49.3% |
| Participant deferral / active EE | $2,113 | $4,515-53.2% | $6,278-66.3% | $4,348-51.4% |
| Admin fee / account holder | $65 | $1,812-96.4% | $10,419-99.4% | $1,944-96.7% |