Retirement plan

CAMBIUM LEARNING PROFIT SHARING RETIREMENT PLAN

Name: CAMBIUM LEARNING GROUP INC - CAMBIUM LEARNING PROFIT SHARING RETIREMENT PLAN (2015) Form 5500
Creator: CAMBIUM LEARNING GROUP INC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CAMBIUM LEARNING PROFIT SHARING RETIREMENT PLAN, CAMBIUM LEARNING GROUP INC

CAMBIUM LEARNING GROUP INCEIN 27-0587428Plan #101PY 2015

17855 DALLAS PARKWAY, SUITE 400 - DALLAS, TX 75287888-399-1995cambiumlearning.comLinkedIn501-1000 employeese-learning

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$81.8M

-3.8% from 2016

Total participants

1,155

+0.6% from 2016

Average account balance

$78,799

+4.1% from 2016

Annual return

0.89%

-6.50 pp from 2016

Benchmarks

See 495 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants250-999

Cohort495 peers

Snapshot2015

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$302.03M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$95K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

3,167

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

96.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$34.28M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+17.82%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$53

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 5 by compensation

Provider	Service type	Compensation
PGIM INVESTMENTS1+ years Filed as: JENNISON ASSOCIATES LLC Service code 28 · EIN 52-2069785	Investment Management	$84,575
WELLS FARGO BANK, N.A.1+ years Filed as: WELLS FARGO ADVISORS LLC Service code 19 · EIN 34-1542819	Securities Custodian	$20,000
UNITZXCHANGE LLC1+ years Service code 15 · EIN 20-3794874	Recordkeeping	$7,046
FIDELITY INVESTMENTS INSTITUTIONAL1+ years Filed as: FIDELITY MANAGEMENT TRUST COMPANY Service code 21 · EIN 04-3022712	Bank Trustee	$5,333
FIDELITY INVESTMENTS INSTITUTIONAL1+ years Filed as: FIDELITY INVESTMENTS INST OP CO Service code 15 · EIN 04-2647786	Recordkeeping	$4,498

Plan features & details

Pension benefit codes2E2F2G2J2K2T3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$125K

$215 / participant

Investment mgmt$120K96.4%
Other / not subdivided$4K3.6%

% of EOY assets

0.152%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: CROWE HORWATH LLP
Auditor EIN: 350921680
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$78,799

$55,182+42.8%

$73,309+7.5%

$55,191+42.8%

Participation rate

79.8%

73.9%+5.9pp

74.9%+4.9pp

69.2%+10.6pp

Annual return

0.89%

8.55%-7.7pp

5.67%-4.8pp

10.78%-9.9pp

Employer contribution / active EE

$2,085

$1,935+7.8%

$3,237-35.6%

$1,899+9.8%

Participant deferral / active EE

$6,786

$4,641+46.2%

$4,991+36.0%

$3,046+122.8%

Admin fee / account holder

$120

$68+75.2%

$5,635-97.9%

$91+32.2%

Provider

Service type

Compensation

PGIM INVESTMENTS1+ years

Filed as: JENNISON ASSOCIATES LLC

Service code 28 · EIN 52-2069785

Investment Management

$84,575

WELLS FARGO BANK, N.A.1+ years

Filed as: WELLS FARGO ADVISORS LLC

Service code 19 · EIN 34-1542819

Securities Custodian

$20,000

UNITZXCHANGE LLC1+ years

Service code 15 · EIN 20-3794874

Recordkeeping

$7,046

FIDELITY INVESTMENTS INSTITUTIONAL1+ years

Filed as: FIDELITY MANAGEMENT TRUST COMPANY

Service code 21 · EIN 04-3022712

Bank Trustee

$5,333

FIDELITY INVESTMENTS INSTITUTIONAL1+ years

Filed as: FIDELITY INVESTMENTS INST OP CO

Service code 15 · EIN 04-2647786

Recordkeeping

$4,498

CAMBIUM LEARNING PROFIT SHARING RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CAMBIUM LEARNING PROFIT SHARING RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion