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 COMPANY5+ years Service code 15 · EIN 39-0230590 | Recordkeeping | $23,862 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $48,787 | $123,793-60.6% | $177,821-72.6% | $79,858-38.9% |
| Participation rate | 98.9% | 84.7%+14.3pp | 87.7%+11.2pp | 69.6%+29.3pp |
| Annual return | 11.31% | 22.82%-11.5pp | 48.32%-37.0pp | 31.71%-20.4pp |
| Employer contribution / active EE | $3,446 | $4,095-15.8% | $5,918-41.8% | $2,471+39.5% |
| Participant deferral / active EE | $1,244 | $5,956-79.1% | $7,714-83.9% | $3,740-66.7% |
| Admin fee / account holder | $229 | $7,243-96.8% | $12,427-98.2% | $5,306-95.7% |