Filed November 14, 2024 (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 | $22,662 |
CMFG LIFE INSURANCE COMPANY2 years Filed as: MEMBERS CAPITAL ADVISORS, INC. D/B/ Service code 27 · EIN 42-0388260 | Advisory (Plan) | $8,306 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $31,904 | $111,608-71.4% | $177,821-82.1% | $73,409-56.5% |
| Participation rate | 97.5% | 87.9%+9.6pp | 87.7%+9.8pp | 72.2%+25.3pp |
| Annual return | 18.74% | 18.23%+0.5pp | 48.32%-29.6pp | 59.29%-40.6pp |
| Employer contribution / active EE | $1,549 | $3,796-59.2% | $5,918-73.8% | $2,234-30.7% |
| Participant deferral / active EE | $3,382 | $6,199-45.4% | $7,714-56.2% | $3,805-11.1% |
| Admin fee / account holder | $87 | $166-47.5% | $12,427-99.3% | $158-44.9% |