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 COMPANY9+ years Service code 15 · EIN 39-0230590 | Recordkeeping | $35,603 |
CMFG LIFE INSURANCE COMPANY5 years Filed as: MEMBERS CAPITAL ADVISORS, INC. D/B/ Service code 27 · EIN 42-0388260 | Advisory (Plan) | $14,227 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $38,200 | $100,227-61.9% | $169,993-77.5% | $74,419-48.7% |
| Participation rate | 97.2% | 87.3%+9.9pp | 87.0%+10.2pp | 70.7%+26.5pp |
| Annual return | 19.41% | 66.08%-46.7pp | 53.37%-34.0pp | 34.38%-15.0pp |
| Employer contribution / active EE | $1,794 | $4,263-57.9% | $6,785-73.6% | $2,637-32.0% |
| Participant deferral / active EE | $4,120 | $7,143-42.3% | $10,408-60.4% | $4,528-9.0% |
| Admin fee / account holder | $109 | $234-53.3% | $12,815-99.1% | $348-68.5% |