Plan Snapshot
- Plan Sponsor: Lincoln National Corporation - Health & Welfare Benefits
- Sponsor EIN: 351140070
- Sponsor Address: 150 N. RADNOR CHESTER ROAD, RADNOR, PA, 19087
- Plan Type: Health & Welfare
- Plan Number: 510
- Total Participants: 0
- Total Assets: $4.4M
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 | 0 | $4.4M | $0 | $98,362 |
| 2023 | 0 | $6.1M | $0 | $95,971 |
| 2022 | 0 | $8.1M | $0 | $3.2M |
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 | $103,302 | — | $103,302 |
| MERATIVE (FORMERLY IBM WATSON) | Recordkeeper | $40,885 | — | $40,885 |
| CITRIN COOPERMAN | Auditor | $38,363 | — | $38,363 |
| LINCOLN NATIONAL LIFE INSURANCE CO | Recordkeeper | $21,003 | — | $21,003 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT — Recordkeeper
- MERATIVE (FORMERLY IBM WATSON) — Recordkeeper
- LINCOLN NATIONAL LIFE INSURANCE CO — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $203,553
- Estimated Expense Ratio: 4.617% 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 | $244,325 | — | — | — | — |
| 2023 | $276,650 | — | — | — | — |
| 2022 | $596,066 | — | — | — | — |