Filed November 1, 2000 (most recent of 2 filings on file)
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
| Provider | Service type | Compensation |
|---|---|---|
CMFG LIFE INSURANCE COMPANY1+ years Service code 15 · EIN 39-0230590 | Recordkeeping | $16,200 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $26,984 | $75,760-64.4% | $123,105-78.1% | $59,188-54.4% |
| Participation rate | 51.4% | 86.0%-34.6pp | 86.8%-35.4pp | 69.4%-18.0pp |
| Annual return | 2.05% | 2.93%-0.9pp | 13.22%-11.2pp | 5.51%-3.5pp |
| Employer contribution / active EE | $1,149 | $3,415-66.3% | $5,151-77.7% | $2,098-45.2% |
| Participant deferral / active EE | $2,126 | $5,000-57.5% | $6,229-65.9% | $3,265-34.9% |
| Admin fee / account holder | $19 | $61-68.4% | $9,014-99.8% | $92-79.2% |