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| Provider | Service type | Compensation |
|---|---|---|
CMFG LIFE INSURANCE COMPANY10+ years Service code 15 · EIN 39-0230590 | Recordkeeping | $75,195 |
Service code 24 · EIN 47-3860238 | Discretionary Trustee | $5,712 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $174,945 | $138,386+26.4% | $184,260-5.1% | $80,935+116.2% |
| Participation rate | 98.9% | 83.9%+15.0pp | 86.8%+12.0pp | 67.7%+31.2pp |
| Annual return | 13.97% | 20.02%-6.1pp | 28.84%-14.9pp | 35.66%-21.7pp |
| Employer contribution / active EE | $15,570 | $4,851+221.0% | $6,427+142.2% | $2,757+464.8% |
| Participant deferral / active EE | $8,134 | $7,076+15.0% | $9,133-10.9% | $4,299+89.2% |
| Admin fee / account holder | $336 | $10,489-96.8% | $13,898-97.6% | $6,924-95.2% |