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Lincoln National LNC Retirement Plan Services — General and Administrative Expense

Other segment segments

Group Protection
$230M+3.6%

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Other financials

Income statement

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Revenue$5.3B+13.1%
Net income-$172.0M+76.2%
EPS (diluted)-$1.10+75.1%

Balance sheet

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Cash & equivalents$7.3B+71.5%
Total debt$6.4B+8.5%
Total equity$10.2B+24.6%
Total assets$406.16B+6.1%

Cash flow

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Operating cash flow$138.0M+151%

Valuation

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Market cap$7.11B+10.3%
Enterprise value$6.13B-25.1%
P/E4.1×-0.7×
P/S0.4×0.0×

Profitability

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Net margin9.2%+2.2pp

Returns & leverage

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Return on equity18.8%+1.8pp
Debt / equity0.6×-0.1×

Where this comes from

Reported directly by Lincoln National in its filing.

Tagged under the XBRL concept us-gaap:GeneralAndAdministrativeExpense.

The official record: Lincoln National’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lincoln National's retirement plan services — general and administrative expense?
Lincoln National (LNC) reported retirement plan services — general and administrative expense of $89M in Q1 2026.
How has Lincoln National's retirement plan services — general and administrative expense changed year-over-year?
Lincoln National's retirement plan services — general and administrative expense increased by 6.0% year-over-year, from $84M to $89M.
What is the long-term trend for Lincoln National's retirement plan services — general and administrative expense?
Over 3 years (2022 to 2025), Lincoln National's retirement plan services — general and administrative expense has grown at a 4.0% compound annual growth rate (CAGR), from $303M to $341M.
What does retirement plan services — general and administrative expense mean?
This represents the overhead costs associated with operating the retirement plan services segment, including personnel, technology, and administrative support. It excludes direct acquisition costs and benefits, focusing on the core operational infrastructure required to manage the business. Controlling these expenses is critical for maintaining operating margins in the competitive retirement services market.