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 COMPANY6+ years Service code 15 · EIN 39-0230590 | Recordkeeping | $51,250 |
Filed as: MEMBERS CAPITAL ADVISORS, INC. D/B/ Service code 27 · EIN 42-0388260 | Advisory (Plan) | $11,613 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $87,642 | $111,608-21.5% | $177,821-50.7% | $73,409+19.4% |
| Participation rate | 98.9% | 87.9%+11.1pp | 87.7%+11.2pp | 72.2%+26.8pp |
| Annual return | 14.39% | 18.23%-3.8pp | 48.32%-33.9pp | 59.29%-44.9pp |
| Employer contribution / active EE | $4,573 | $3,796+20.5% | $5,918-22.7% | $2,234+104.8% |
| Participant deferral / active EE | $3,911 | $6,199-36.9% | $7,714-49.3% | $3,805+2.8% |
| Admin fee / account holder | $192 | $166+15.8% | $12,427-98.5% | $158+21.4% |