Filed May 15, 2013
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION1+ years Service code 13 · EIN 35-1140070 | Contract Administrator | $162,754 |
GRANT THORNTON LLP1+ years Filed as: GRANT THORNTON Service code 10 · EIN 36-6055558 | Accounting | $64,518 |
UBS FINANCIAL SERVICES INC1+ years Filed as: UBS FINANCIAL SERVICES Service code 27 · EIN 13-2638166 | Advisory (Plan) | $59,775 |
ERISA SERVICES, INC.1+ years Filed as: ERISA COMPLIANCE ASSOCIATES Service code 16 · EIN 33-0802604 | Consulting | $20,000 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $28,444 | $67,505-57.9% | $105,218-73.0% | $67,505-57.9% |
| Participation rate | 68.2% | 71.2%-3.0pp | 77.2%-9.1pp | 71.2%-3.0pp |
| Annual return | -0.07% | 6.52%-6.6pp | 5.33%-5.4pp | 6.52%-6.6pp |
| Employer contribution / active EE | $339 | $2,173-84.4% | $3,255-89.6% | $2,173-84.4% |
| Participant deferral / active EE | $2,662 | $3,597-26.0% | $4,867-45.3% | $3,597-26.0% |
| Admin fee / account holder | $53 | $56-5.6% | $6,992-99.2% | $56-5.6% |