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 COMPANY10+ years Service code 15 · EIN 39-0230590 | Recordkeeping | $104,999 |
CMFG LIFE INSURANCE COMPANY5 years Filed as: MEMBERS CAPITAL ADVISORS, INC. Service code 27 · EIN 42-0388260 | Advisory (Plan) | $30,669 |
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 | $52,685 | $129,021-59.2% | $184,203-71.4% | $77,643-32.1% |
| Participation rate | 98.6% | 87.3%+11.3pp | 86.8%+11.8pp | 70.6%+28.1pp |
| Annual return | 13.24% | 33.27%-20.0pp | 28.81%-15.6pp | 31.24%-18.0pp |
| Employer contribution / active EE | $2,800 | $4,413-36.5% | $6,427-56.4% | $2,726+2.7% |
| Participant deferral / active EE | $4,182 | $7,297-42.7% | $9,131-54.2% | $4,647-10.0% |
| Admin fee / account holder | $221 | $254-13.1% | $13,901-98.4% | $430-48.8% |