Filed December 19, 2016
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| Provider | Service type | Compensation |
|---|---|---|
LINCOLN NATIONAL CORPORATION3 years Service code 13 · EIN 35-1140070 | Contract Administrator | $41,530 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $29,646 | $62,327-52.4% | $120,354-75.4% | $74,495-60.2% |
| Participation rate | 85.7% | 56.8%+28.9pp | 71.9%+13.8pp | 67.2%+18.5pp |
| Annual return | 12.59% | 18.61%-6.0pp | 107.15%-94.6pp | 1364.94%-1352.3pp |
| Employer contribution / active EE | $334 | $1,843-81.9% | $3,463-90.3% | $2,623-87.3% |
| Participant deferral / active EE | $2,971 | $2,893+2.7% | $4,991-40.5% | $4,346-31.6% |
| Admin fee / account holder | $160 | $2,396-93.3% | $9,423-98.3% | $1,942-91.8% |