Filed December 22, 2023 (most recent of 5 filings on file)
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 COMPANY6+ years Service code 15 · EIN 39-0230590 | Recordkeeping | $91,268 |
Filed as: MEMBERS CAPITAL ADVISORS, INC. Service code 27 · EIN 42-0388260 | Advisory (Plan) | $23,107 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $90,925 | $136,307-33.3% | $177,821-48.9% | $73,488+23.7% |
| Participation rate | 97.9% | 86.1%+11.8pp | 87.7%+10.1pp | 70.7%+27.2pp |
| Annual return | 14.42% | 18.68%-4.3pp | 48.32%-33.9pp | 28.51%-14.1pp |
| Employer contribution / active EE | $6,029 | $3,712+62.4% | $5,918+1.9% | $2,270+165.6% |
| Participant deferral / active EE | $4,503 | $5,829-22.7% | $7,714-41.6% | $3,740+20.4% |
| Admin fee / account holder | $342 | $596-42.5% | $12,427-97.2% | $513-33.3% |