Filed September 23, 2022 (most recent of 3 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 COMPANY8+ years Service code 15 · EIN 39-0230590 | Recordkeeping | $104,890 |
CMFG LIFE INSURANCE COMPANY3 years Filed as: MEMBERS CAPITAL ADVISORS, INC. Service code 27 · EIN 42-0388260 | Advisory (Plan) | $24,572 |
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 | $44,493 | $86,897-48.8% | $151,611-70.7% | $64,808-31.3% |
| Participation rate | 98.9% | 87.3%+11.6pp | 87.5%+11.4pp | 71.5%+27.4pp |
| Annual return | -16.23% | -3.57%-12.7pp | 3.33%-19.6pp | 32.82%-49.0pp |
| Employer contribution / active EE | $2,957 | $4,010-26.3% | $6,166-52.0% | $2,506+18.0% |
| Participant deferral / active EE | $3,298 | $6,690-50.7% | $8,363-60.6% | $4,310-23.5% |
| Admin fee / account holder | $226 | $153+47.7% | $11,616-98.1% | $188+20.3% |