Plan Snapshot
- Plan Sponsor: Lincoln National Corporation C/O Health & Welfare Benefits
- Sponsor EIN: 351140070
- Sponsor Address: 150 N RADNOR CHESTER RD, RADNOR, PA, 19087
- Plan Type: Health & Welfare
- Plan Number: 501
- Total Participants: 9,767
- Total Assets: $13.7M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 9,767 | $13.7M | $134.7M | $42.1M |
| 2023 | 11,176 | $11.4M | $121.2M | $42.4M |
| 2022 | 11,304 | $11.9M | $112.0M | $38.0M |
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 |
|---|---|---|---|---|
| ALIGHT | Recordkeeper | $2,215,920 | — | $2,215,920 |
| AETNA LIFE INSURANCE CO (MEDICAL) | Other Service Provider | $2,058,029 | — | $2,058,029 |
| PERSONIFY HEALTH, INC | Other Service Provider | $1,186,887 | — | $1,186,887 |
| AETNA BEHAVIORAL HEALTH, LLC | Other Service Provider | $420,020 | — | $420,020 |
| LINCOLN NATIONAL LIFE INSURANCE CO | Recordkeeper | $399,651 | — | $399,651 |
| LIVONGO HEALTH INC | Other Service Provider | $342,159 | — | $342,159 |
| CVS CAREMARK | Other Service Provider | $341,276 | — | $341,276 |
| MERATIVE (FORMERLY IBM WATSON) | Recordkeeper | $339,392 | — | $339,392 |
| LANTERN SPECIALTY CARE | Other Service Provider | $219,225 | — | $219,225 |
| OVIA HEALTH | Other Service Provider | $106,391 | — | $106,391 |
| MDLIVE, INC. | Other Service Provider | $71,882 | — | $71,882 |
| CITRIN COOPERMAN | Auditor | $38,863 | — | $38,863 |
| PROGYNY | Other Service Provider | $37,425 | — | $37,425 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT — Recordkeeper
- LINCOLN NATIONAL LIFE INSURANCE CO — Recordkeeper
- MERATIVE (FORMERLY IBM WATSON) — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $7,777,120
- Estimated Expense Ratio: 56.572% 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 | $8,199,938 | — | — | — | — |
| 2023 | $9,374,948 | — | — | — | — |
| 2022 | $6,878,385 | — | — | — | — |