Filed December 7, 2016
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 | $47,366 |
Employer 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.)
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 | $54,170 | $79,523-31.9% | $140,016-61.3% | $56,287-3.8% |
| Participation rate | 72.0% | 85.7%-13.7pp | 87.5%-15.5pp | 69.9%+2.1pp |
| Annual return | -5.07% | 2.39%-7.5pp | 651.12%-656.2pp | -9.96%+4.9pp |
| Employer contribution / active EE | $935 | $3,350-72.1% | $5,606-83.3% | $2,111-55.7% |
| Participant deferral / active EE | $2,926 | $5,129-43.0% | $6,927-57.8% | $3,350-12.7% |
| Admin fee / account holder | $415 | $614-32.4% | $10,705-96.1% | $521-20.2% |