Filed January 27, 2018 (most recent of 2 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 | $48,519 |
Filed as: MEMBERS CAPITAL ADVISORS, INC. Service code 27 · EIN 42-0388260 | Advisory (Plan) | $10,432 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $83,634 | $136,307-38.6% | $177,821-53.0% | $73,488+13.8% |
| Participation rate | 97.8% | 86.1%+11.7pp | 87.7%+10.0pp | 70.7%+27.1pp |
| Annual return | 11.94% | 18.68%-6.7pp | 48.32%-36.4pp | 28.51%-16.6pp |
| Employer contribution / active EE | $3,768 | $3,712+1.5% | $5,918-36.3% | $2,270+66.0% |
| Participant deferral / active EE | $3,851 | $5,829-33.9% | $7,714-50.1% | $3,740+3.0% |
| Admin fee / account holder | $368 | $596-38.1% | $12,427-97.0% | $513-28.2% |