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| Provider | Service type | Compensation |
|---|---|---|
CMFG LIFE INSURANCE COMPANY2+ years Service code 15 · EIN 39-0230590 | Recordkeeping | $84,094 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $56,248 | $71,802-21.7% | $133,975-58.0% | $57,658-2.4% |
| Participation rate | 99.0% | 85.5%+13.6pp | 87.1%+12.0pp | 70.2%+28.8pp |
| Annual return | 12.95% | 13.51%-0.6pp | 29.29%-16.3pp | 5.13%+7.8pp |
| Employer contribution / active EE | $6,967 | $3,161+120.4% | $5,211+33.7% | $1,974+253.0% |
| Participant deferral / active EE | $1,781 | $4,606-61.3% | $6,282-71.6% | $3,061-41.8% |
| Admin fee / account holder | $102 | $88+15.8% | $9,324-98.9% | $95+7.4% |