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 COMPANY7+ years Service code 15 · EIN 39-0230590 | Recordkeeping | $213,667 |
CMFG LIFE INSURANCE COMPANY2 years Filed as: MEMBERS CAPITAL ADVISORS, INC. Service code 27 · EIN 42-0388260 | Advisory (Plan) | $86,416 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $71,347 | $111,491-36.0% | $189,513-62.4% | $86,799-17.8% |
| Participation rate | 98.9% | 87.3%+11.6pp | 87.8%+11.1pp | 72.3%+26.6pp |
| Annual return | 14.12% | 83.50%-69.4pp | 555.15%-541.0pp | 97.91%-83.8pp |
| Employer contribution / active EE | $5,556 | $3,951+40.6% | $6,162-9.8% | $2,405+131.0% |
| Participant deferral / active EE | $7,117 | $6,437+10.6% | $8,221-13.4% | $4,131+72.3% |
| Admin fee / account holder | $220 | $189+16.5% | $12,045-98.2% | $170+29.7% |