Filed August 27, 2021 (most recent of 4 filings on file)
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
CMFG LIFE INSURANCE COMPANY10+ years Service code 15 · EIN 39-0230590 | Recordkeeping | $70,773 |
CMFG LIFE INSURANCE COMPANY6 years Filed as: MEMBERS CAPITAL ADVISORS, INC. Service code 27 · EIN 42-0388260 | Advisory (Plan) | $17,337 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $101,793 | $122,042-16.6% | $184,243-44.8% | $74,429+36.8% |
| Participation rate | 84.5% | 85.5%-0.9pp | 86.8%-2.3pp | 67.2%+17.3pp |
| Annual return | 12.81% | 19.91%-7.1pp | 28.82%-16.0pp | 1368.38%-1355.6pp |
| Employer contribution / active EE | $5,313 | $4,538+17.1% | $6,427-17.3% | $2,625+102.4% |
| Participant deferral / active EE | $2,223 | $7,143-68.9% | $9,132-75.7% | $4,348-48.9% |
| Admin fee / account holder | $452 | $1,252-63.9% | $13,914-96.8% | $1,944-76.8% |