Filed April 24, 2017 (most recent of 4 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 COMPANY10+ years Service code 15 · EIN 39-0230590 | Recordkeeping | $61,241 |
CMFG LIFE INSURANCE COMPANY3 years Filed as: MEMBERS CAPITAL ADVISORS, INC. Service code 27 · EIN 42-0388260 | Advisory (Plan) | $29,930 |
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $32,311 | $129,021-75.0% | $184,203-82.5% | $77,643-58.4% |
| Participation rate | 99.0% | 87.3%+11.6pp | 86.8%+12.1pp | 70.6%+28.4pp |
| Annual return | 23.36% | 33.27%-9.9pp | 28.81%-5.5pp | 31.24%-7.9pp |
| Employer contribution / active EE | $4,851 | $4,413+9.9% | $6,427-24.5% | $2,726+78.0% |
| Participant deferral / active EE | $3,865 | $7,297-47.0% | $9,131-57.7% | $4,647-16.8% |
| Admin fee / account holder | $81 | $254-68.1% | $13,901-99.4% | $430-81.2% |