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 COMPANY4 years Service code 15 · EIN 39-0230590 | Recordkeeping | $52,982 |
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.)
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 | $68,710 | $136,307-49.6% | $177,821-61.4% | $73,488-6.5% |
| Participation rate | 95.4% | 86.1%+9.3pp | 87.7%+7.7pp | 70.7%+24.7pp |
| Annual return | 16.38% | 18.68%-2.3pp | 48.32%-31.9pp | 28.51%-12.1pp |
| Employer contribution / active EE | $3,281 | $3,712-11.6% | $5,918-44.6% | $2,270+44.5% |
| Participant deferral / active EE | $2,934 | $5,829-49.7% | $7,714-62.0% | $3,740-21.5% |
| Admin fee / account holder | $331 | $596-44.4% | $12,427-97.3% | $513-35.5% |