Filed April 13, 2023
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 COMPANY4+ years Service code 15 · EIN 39-0230590 | Recordkeeping | $21,566 |
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 | $40,113 | $109,359-63.3% | $162,163-75.3% | $72,985-45.0% |
| Participation rate | 99.0% | 84.3%+14.7pp | 87.6%+11.4pp | 69.5%+29.5pp |
| Annual return | 17.90% | 25.46%-7.6pp | 115.59%-97.7pp | 81.00%-63.1pp |
| Employer contribution / active EE | $3,337 | $3,907-14.6% | $5,614-40.6% | $2,440+36.8% |
| Participant deferral / active EE | $1,173 | $5,481-78.6% | $7,298-83.9% | $3,607-67.5% |
| Admin fee / account holder | $198 | $7,972-97.5% | $10,843-98.2% | $5,124-96.1% |