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| Provider | Service type | Compensation |
|---|---|---|
Filed as: CBIZ FINANCIAL SOLUTIONS Service code 99 · EIN 52-1396995 | Other Fees | $13,760 |
Filed as: CBIZ INVESTMENT ADVISORY SERVICES Service code 99 · EIN 81-3968784 | Other Fees | $5,078 |
Filed as: VOYA RETIREMENT & ANNUITY COMPANY Service code 26 · EIN 71-0294708 | Advisory (Participants) | $590 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $77,287 | $136,307-43.3% | $177,840-56.5% | $73,493+5.2% |
| Participation rate | 58.4% | 86.1%-27.7pp | 87.7%-29.3pp | 70.7%-12.3pp |
| Annual return | 14.74% | 18.68%-3.9pp | 48.32%-33.6pp | 28.51%-13.8pp |
| Employer contribution / active EE | $749 | $3,712-79.8% | $5,919-87.3% | $2,270-67.0% |
| Participant deferral / active EE | $3,595 | $5,829-38.3% | $7,714-53.4% | $3,740-3.9% |
| Admin fee / account holder | $50 | $596-91.6% | $12,431-99.6% | $513-90.2% |