Filed December 5, 2022 (most recent of 4 filings on file)
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 COMPANY3+ years Service code 15 · EIN 39-0230590 | Recordkeeping | $128,687 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $58,896 | $81,537-27.8% | $149,718-60.7% | $69,631-15.4% |
| Participation rate | 99.8% | 86.1%+13.7pp | 87.1%+12.8pp | 70.7%+29.1pp |
| Annual return | 16.07% | 22.79%-6.7pp | 1501.63%-1485.6pp | 27571.02%-27554.9pp |
| Employer contribution / active EE | $1,055 | $3,239-67.4% | $5,445-80.6% | $2,032-48.1% |
| Participant deferral / active EE | $3,542 | $4,994-29.1% | $6,569-46.1% | $3,224+9.9% |
| Admin fee / account holder | $192 | $107+79.7% | $11,283-98.3% | $110+73.9% |