Filed January 6, 2012
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 COMPANY2 years Service code 15 · EIN 39-0230590 | Recordkeeping | $57,759 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $52,520 | $79,523-34.0% | $140,016-62.5% | $56,287-6.7% |
| Participation rate | 92.7% | 85.7%+7.0pp | 87.5%+5.2pp | 69.9%+22.8pp |
| Annual return | -5.36% | 2.39%-7.7pp | 651.12%-656.5pp | -9.96%+4.6pp |
| Employer contribution / active EE | $2,853 | $3,350-14.8% | $5,606-49.1% | $2,111+35.1% |
| Participant deferral / active EE | $2,638 | $5,129-48.6% | $6,927-61.9% | $3,350-21.2% |
| Admin fee / account holder | $346 | $614-43.7% | $10,705-96.8% | $521-33.6% |