Filed October 19, 2020 (most recent of 3 filings on file)
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 |
|---|---|---|
Service code 15 · EIN 35-0145825 | Recordkeeping | $79,959 |
Filed as: CBIZ INVESTMENT ADVISORY Service code 26 · EIN 81-3968784 | Advisory (Participants) | $11,060 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $13,176 | $45,000-70.7% | $143,788-90.8% | $77,906-83.1% |
| Participation rate | 68.8% | 66.8%+2.0pp | 80.3%-11.5pp | 73.7%-4.9pp |
| Annual return | -16.05% | 29.03%-45.1pp | -0.03%-16.0pp | 12.16%-28.2pp |
| Employer contribution / active EE | $1,967 | $1,870+5.2% | $4,952-60.3% | $2,846-30.9% |
| Participant deferral / active EE | $0 | $3,157-100.0% | $5,638-100.0% | $4,805-100.0% |
| Admin fee / account holder | $10 | $98-90.0% | $14,675-99.9% | $133-92.6% |