Filed August 30, 2023 (most recent of 4 filings on file)
Total covered: 4 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 COMPANY7+ years Service code 15 · EIN 39-0230590 | Recordkeeping | $39,350 |
CMFG LIFE INSURANCE COMPANY3 years Filed as: MEMBERS CAPITAL ADVISORS, INC. D/B/ Service code 27 · EIN 42-0388260 | Advisory (Plan) | $17,547 |
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 | $77,555 | $121,341-36.1% | $189,513-59.1% | $79,386-2.3% |
| Participation rate | 98.0% | 86.1%+11.9pp | 87.8%+10.2pp | 70.7%+27.3pp |
| Annual return | 17.48% | 21.08%-3.6pp | 555.15%-537.7pp | 116.85%-99.4pp |
| Employer contribution / active EE | $2,421 | $3,915-38.2% | $6,162-60.7% | $2,427-0.3% |
| Participant deferral / active EE | $4,994 | $6,395-21.9% | $8,221-39.3% | $4,046+23.4% |
| Admin fee / account holder | $241 | $651-63.0% | $12,045-98.0% | $626-61.5% |