Filed February 21, 2024 (most recent of 6 filings on file)
Total covered: 2 employees
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 | $6,550 |
Service code 60 | Sub-TA Fees | $0 |
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 | $67,342 | $80,005-15.8% | $140,016-51.9% | $55,725+20.8% |
| Participation rate | 97.7% | 87.0%+10.7pp | 87.5%+10.2pp | 70.9%+26.8pp |
| Annual return | -4.68% | 0.46%-5.1pp | 651.12%-655.8pp | 244.93%-249.6pp |
| Employer contribution / active EE | $3,937 | $3,403+15.7% | $5,606-29.8% | $2,078+89.5% |
| Participant deferral / active EE | $3,227 | $5,264-38.7% | $6,927-53.4% | $3,356-3.8% |
| Admin fee / account holder | $23 | $116-80.5% | $10,705-99.8% | $115-80.4% |