Filed June 1, 2021
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: CBIZ Service code 15 · EIN 31-1582098 5959 ROCKSIDE WOODS BLVD. N · CLEVELAND, OH 44131 | Recordkeeping | $19,289 |
AMERITAS LIFE INSURANCE CORP7 years Filed as: AMERITAS Service code 15 5900 O STREET · LINCOLN, NE 68510 | Recordkeeping | $15,549 |
SIGMA FINANCIAL CORPORATION7 years Service code 26 3000 PARKLAND PLAZA · ANN ARBOR, MI 48103 | Advisory (Participants) | $8,968 |
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.
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $62,864 | $46,464+35.3% | $150,298-58.2% | $79,634-21.1% |
| Participation rate | 33.2% | 57.0%-23.7pp | 77.8%-44.5pp | 62.5%-29.2pp |
| Annual return | 11.12% | 27.89%-16.8pp | 62.79%-51.7pp | 36.46%-25.3pp |
| Employer contribution / active EE | $124 | $1,512-91.8% | $4,154-97.0% | $2,529-95.1% |
| Participant deferral / active EE | $1,672 | $2,157-22.5% | $5,453-69.3% | $3,835-56.4% |
| Admin fee / account holder | $208 | $891-76.7% | $14,116-98.5% | $1,002-79.3% |