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| Provider | Service type | Compensation |
|---|---|---|
CMFG LIFE INSURANCE COMPANY6 years Service code 15 · EIN 39-0230590 | Recordkeeping | $18,568 |
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.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $34,845 | $130,294-73.3% | $170,057-79.5% | $71,529-51.3% |
| Participation rate | 89.2% | 86.2%+3.0pp | 87.0%+2.2pp | 67.9%+21.2pp |
| Annual return | 15.45% | 20.36%-4.9pp | 53.42%-38.0pp | 28.97%-13.5pp |
| Employer contribution / active EE | $1,846 | $4,385-57.9% | $6,790-72.8% | $2,590-28.7% |
| Participant deferral / active EE | $2,936 | $6,928-57.6% | $10,411-71.8% | $4,291-31.6% |
| Admin fee / account holder | $125 | $966-87.0% | $12,826-99.0% | $1,588-92.1% |