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| Provider | Service type | Compensation |
|---|---|---|
CMFG LIFE INSURANCE COMPANY3+ years Service code 15 · EIN 39-0230590 | Recordkeeping | $2,450 |
Annual investment return 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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $28,441 | $71,192-60.1% | $117,861-75.9% | $62,293-54.3% |
| Participation rate | 96.3% | 74.2%+22.1pp | 79.7%+16.7pp | 69.5%+26.8pp |
| Annual return | 13.27% | 18.66%-5.4pp | 335.11%-321.8pp | 28.90%-15.6pp |
| Employer contribution / active EE | $1,357 | $1,934-29.8% | $3,786-64.2% | $2,042-33.5% |
| Participant deferral / active EE | $2,667 | $3,189-16.4% | $4,482-40.5% | $3,169-15.8% |
| Admin fee / account holder | $16 | $587-97.3% | $8,021-99.8% | $479-96.7% |