Filed January 8, 2021
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 |
|---|---|---|
Service code 15 · EIN 48-1205033 | Recordkeeping | $23,807 |
CMFG LIFE INSURANCE COMPANY4+ years Service code 60 | Sub-TA Fees | $0 |
Employer 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.
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 | $16,851 | $79,523-78.8% | $140,016-88.0% | $56,287-70.1% |
| Participation rate | 98.5% | 85.7%+12.8pp | 87.5%+11.0pp | 69.9%+28.7pp |
| Annual return | -5.67% | 2.39%-8.1pp | 651.12%-656.8pp | -9.96%+4.3pp |
| Employer contribution / active EE | $1,167 | $3,350-65.2% | $5,606-79.2% | $2,111-44.7% |
| Participant deferral / active EE | $3,414 | $5,129-33.4% | $6,927-50.7% | $3,350+1.9% |
| Admin fee / account holder | $138 | $614-77.6% | $10,705-98.7% | $521-73.6% |