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| Provider | Service type | Compensation |
|---|---|---|
CMFG LIFE INSURANCE COMPANY2+ years Service code 15 · EIN 39-0230590 | Recordkeeping | $31,291 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $9,182 | $46,297-80.2% | $71,671-87.2% | $62,293-85.3% |
| Participation rate | 89.2% | 60.6%+28.5pp | 68.7%+20.4pp | 69.5%+19.7pp |
| Annual return | 13.03% | 22.32%-9.3pp | 20.65%-7.6pp | 28.90%-15.9pp |
| Employer contribution / active EE | $61 | $1,412-95.7% | $2,460-97.5% | $2,042-97.0% |
| Participant deferral / active EE | $1,183 | $2,235-47.1% | $3,438-65.6% | $3,169-62.7% |
| Admin fee / account holder | $108 | $461-76.6% | $5,558-98.1% | $479-77.5% |