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 COMPANY8+ years Service code 15 · EIN 39-0230590 | Recordkeeping | $110,698 |
CMFG LIFE INSURANCE COMPANY3 years Filed as: MEMBERS CAPITAL ADVISORS, INC. Service code 27 · EIN 42-0388260 | Advisory (Plan) | $26,987 |
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 | $88,735 | $102,553-13.5% | $151,611-41.5% | $66,914+32.6% |
| Participation rate | 99.2% | 85.5%+13.7pp | 87.5%+11.7pp | 69.8%+29.4pp |
| Annual return | -16.19% | -10.82%-5.4pp | 3.33%-19.5pp | 1.58%-17.8pp |
| Employer contribution / active EE | $6,243 | $4,180+49.3% | $6,166+1.2% | $2,544+145.4% |
| Participant deferral / active EE | $5,308 | $6,641-20.1% | $8,363-36.5% | $4,237+25.3% |
| Admin fee / account holder | $422 | $630-32.9% | $11,616-96.4% | $593-28.8% |