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| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION4+ years Service code 13 · EIN 35-1140070 | Contract Administrator | $40,823 |
Filed as: ASSOCIATED PENSION CONSULTANTS, INC Service code 15 401 BROADHOLLOW ROAD · MELVILLE, NY 11747 | Recordkeeping | $7,355 |
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 | $5,888 | $89,465-93.4% | $165,100-96.4% | $77,762-92.4% |
| Participation rate | 87.9% | 78.6%+9.3pp | 78.6%+9.3pp | 70.6%+17.3pp |
| Annual return | 32.37% | 28.86%+3.5pp | 70.21%-37.8pp | 31.27%+1.1pp |
| Employer contribution / active EE | $1,462 | $2,565-43.0% | $4,348-66.4% | $2,728-46.4% |
| Participant deferral / active EE | $1,938 | $4,904-60.5% | $6,035-67.9% | $4,651-58.3% |
| Admin fee / account holder | $47 | $340-86.3% | $12,696-99.6% | $433-89.2% |