Filed January 20, 2015
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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 COMPANY3+ years Service code 15 · EIN 39-0230590 | Recordkeeping | $24,514 |
Participant contribution per participant 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).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $35,019 | $89,739-61.0% | $149,718-76.6% | $62,292-43.8% |
| Participation rate | 71.5% | 85.1%-13.6pp | 87.1%-15.5pp | 69.5%+2.0pp |
| Annual return | 17.06% | 21.01%-3.9pp | 1501.63%-1484.6pp | 28.90%-11.8pp |
| Employer contribution / active EE | $1,272 | $3,233-60.7% | $5,445-76.6% | $2,042-37.7% |
| Participant deferral / active EE | $2,272 | $4,797-52.6% | $6,569-65.4% | $3,169-28.3% |
| Admin fee / account holder | $190 | $551-65.5% | $11,283-98.3% | $479-60.4% |