Filed February 19, 2020
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
CMFG LIFE INSURANCE COMPANY1+ years Service code 15 · EIN 39-0230590 | Recordkeeping | $23,022 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $32,251 | $70,667-54.4% | $123,104-73.8% | $52,331-38.4% |
| Participation rate | 100.0% | 83.7%+16.3pp | 86.8%+13.2pp | 68.1%+31.9pp |
| Annual return | -0.23% | 6.23%-6.5pp | 13.22%-13.4pp | 4.54%-4.8pp |
| Employer contribution / active EE | $2,012 | $2,946-31.7% | $5,151-60.9% | $1,882+6.9% |
| Participant deferral / active EE | $2,044 | $4,493-54.5% | $6,230-67.2% | $3,022-32.4% |
| Admin fee / account holder | $85 | $506-83.2% | $9,015-99.1% | $592-85.6% |