Filed November 28, 2023 (most recent of 4 filings on file)
Total covered: 305 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 COMPANY10+ years Service code 15 · EIN 39-0230590 | Recordkeeping | $51,157 |
CMFG LIFE INSURANCE COMPANY4 years Filed as: MEMBERS CAPITAL ADVISORS, INC. Service code 27 · EIN 42-0388260 | Advisory (Plan) | $13,991 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return 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 | $48,127 | $129,095-62.7% | $184,200-73.9% | $77,671-38.0% |
| Participation rate | 100.0% | 87.3%+12.7pp | 86.8%+13.2pp | 70.6%+29.4pp |
| Annual return | 12.02% | 33.29%-21.3pp | 28.80%-16.8pp | 31.21%-19.2pp |
| Employer contribution / active EE | $3,398 | $4,410-22.9% | $6,424-47.1% | $2,726+24.6% |
| Participant deferral / active EE | $3,521 | $7,300-51.8% | $9,132-61.4% | $4,648-24.2% |
| Admin fee / account holder | $183 | $256-28.4% | $13,907-98.7% | $430-57.5% |