Plan Snapshot
- Plan Sponsor: Lincoln National Corporation
- Sponsor EIN: 351140070
- Sponsor Address: 150 N. RADNOR-CHESTER ROAD, RADNOR, PA, 19087
- Plan Type: 401(k)
- Total Participants: 9,981
- Total Assets: $3.5B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 9,981 | $3.5B | $109.1M | $95.0M |
| 2023 | 11,126 | $3.2B | $110.6M | $98.1M |
| 2022 | 11,410 | $2.8B | $107.9M | $94.5M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| CALLAN ASSOCIATES | CONSULTANT | $139,041 | — | $139,041 |
| CITRIN COOPERMAN & COMPANY, LLP | AUDITOR | $43,470 | — | $43,470 |
| ERNST & YOUNG | Auditor | $43,470 | — | $43,470 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $225,981
- Estimated Expense Ratio: 0.006% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $182,511 | $139,041 | — | $43,470 | — |
| 2023 | $194,665 | $157,165 | — | $37,500 | — |
| 2022 | $234,412 | $198,412 | — | — | $36,000 |