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 COMPANY5+ years Service code 15 · EIN 39-0230590 | Recordkeeping | $44,879 |
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 | $48,194 | $98,982-51.3% | $162,163-70.3% | $65,185-26.1% |
| Participation rate | 95.1% | 85.8%+9.3pp | 87.6%+7.6pp | 70.2%+24.9pp |
| Annual return | 19.32% | 24.84%-5.5pp | 115.59%-96.3pp | 29.38%-10.1pp |
| Employer contribution / active EE | $1,922 | $3,467-44.5% | $5,614-65.8% | $2,177-11.7% |
| Participant deferral / active EE | $3,832 | $5,384-28.8% | $7,298-47.5% | $3,514+9.1% |
| Admin fee / account holder | $325 | $596-45.5% | $10,843-97.0% | $847-61.6% |