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 COMPANY3 years Service code 15 · EIN 39-0230590 | Recordkeeping | $58,078 |
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.)
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $56,415 | $98,982-43.0% | $162,163-65.2% | $65,185-13.5% |
| Participation rate | 94.2% | 85.8%+8.5pp | 87.6%+6.7pp | 70.2%+24.0pp |
| Annual return | 18.64% | 24.84%-6.2pp | 115.59%-97.0pp | 29.38%-10.7pp |
| Employer contribution / active EE | $2,948 | $3,467-15.0% | $5,614-47.5% | $2,177+35.4% |
| Participant deferral / active EE | $2,618 | $5,384-51.4% | $7,298-64.1% | $3,514-25.5% |
| Admin fee / account holder | $345 | $596-42.2% | $10,843-96.8% | $847-59.3% |