Filed August 18, 2023 (most recent of 7 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 COMPANY1+ years Service code 15 · EIN 39-0230590 | Recordkeeping | $83,295 |
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
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 | $37,597 | $68,413-45.0% | $123,104-69.5% | $55,191-31.9% |
| Participation rate | 100.0% | 84.5%+15.5pp | 86.8%+13.2pp | 69.2%+30.8pp |
| Annual return | 0.46% | 6.30%-5.8pp | 13.22%-12.8pp | 10.78%-10.3pp |
| Employer contribution / active EE | $3,915 | $3,050+28.4% | $5,151-24.0% | $1,899+106.2% |
| Participant deferral / active EE | $4,019 | $4,490-10.5% | $6,230-35.5% | $3,046+31.9% |
| Admin fee / account holder | $86 | $88-2.1% | $9,015-99.0% | $91-5.3% |