logo image

CEDAR VALLEY BANKSHARES, LTD.

Charles City, Iowa
11-50 employees
Retirement Plan Detail

Retirement Plan Ranking

Retirement Plan:
Cedar Valley Bankshares, Ltd Profit Sharing And
This plan lags significantly behind industry standards, which can hurt recruitment efforts and lead to higher employee turnover.
CEDAR VALLEY BANKSHARES, LTD.
Rate your benefits
See how your benefits compare to competitors and if you qualify for an Mployer Benefits Award

Plan Benchmark

Disclaimer: Ratings are based on firm-provided, independently audited data and reflect Mployer Advisor's opinion. They are not financial or legal advice and should be one of many factors considered when evaluating a retirement plan.
$1,547
Avg Employer Contribution per Person per Year
Below
EE Friendly
Plan Design
Leading
EE Friendly
Admin Fees as a % of Total Assets
Below
8%
1 Year Return
Laggard

Peer Group

Size
100-499 employees
Region
Midwest/Upper Midwest
Industry
Management of Companies and Enterprises

Employer & Employee Contribution

Factors like longer employee tenure and more generous match rates result in higher contributions.
Average Employer Contribution
Employer
Cohort
Average Employee Contribution
Employee
Cohort

Plan Details

Plan name
Cedar Valley Bankshares, Ltd Profit Sharing And
Plan type
401k
Plan start date
12/16/1987
Plan assets
$15,830,330
Participation Rate
90.63 %
Loan %
0.08 %
Update your company benefits information and see if you qualify for a Benefits Award
It's free
Not your company?

Key Plan Features

Each employer retirement plan is unique with different features that can benefit employees.
Loans
Yes
Self-directed
No
Auto-Enroll
Yes
Vesting Requirements
Yes

Returns

The below return percentage is an approximate one-year return. Specific employee start date's and other factors can shift the percentage up or down.
Average Returns
Employer
Cohort

Administrative Fees

Retirement plans pays fees each year to advisors and other vendors. This shows how your fees compare to like plans both as a percent of total and overall.
Administration Fees $
Employer
Cohort
Administrative Fees %
Employer
Cohort
Update your company benefits information and see if you qualify for a Benefits Award
It's free
Not your company?

FAQs

Benefits Package

See how to earn a Top Benefits Rating for your company!

It’s free and takes just a few minutes, click here to get started
Get My Rating
Mployer