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 COMPANY7+ years Service code 15 · EIN 39-0230590 | Recordkeeping | $57,300 |
CMFG LIFE INSURANCE COMPANY2 years Filed as: MEMBERS CAPITAL ADVISORS, INC. Service code 27 · EIN 42-0388260 | Advisory (Plan) | $13,594 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $89,531 | $121,341-26.2% | $189,513-52.8% | $79,386+12.8% |
| Participation rate | 97.8% | 86.1%+11.7pp | 87.8%+10.0pp | 70.7%+27.1pp |
| Annual return | 13.09% | 21.08%-8.0pp | 555.15%-542.1pp | 116.85%-103.8pp |
| Employer contribution / active EE | $3,950 | $3,915+0.9% | $6,162-35.9% | $2,427+62.7% |
| Participant deferral / active EE | $3,799 | $6,395-40.6% | $8,221-53.8% | $4,046-6.1% |
| Admin fee / account holder | $432 | $651-33.6% | $12,045-96.4% | $626-31.0% |