Retirement plan

CDK GLOBAL, INC. 401(K) PLAN

Name: CDK GLOBAL, INC. - CDK GLOBAL, INC. 401(K) PLAN (2021) Form 5500
Creator: CDK GLOBAL, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CDK GLOBAL, INC. 401(K) PLAN, CDK GLOBAL, INC.

CDK GLOBAL, INC.EIN 46-5743146Plan #001PY 2021

1950 HASSELL ROAD - HOFFMAN ESTATES, IL 60169847-485-4717cdkglobal.comLinkedIn5001-10000 employeescomputer software

Prospect flagsFailed to transmit contributionsCorrective distributions

Top hat statement on fileNQDC

Filed April 3, 2019

Plan administrator

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1950 Hassell Road

Hoffman Estates State: IL Zip Code: 60169

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Plans declared (2)

CDK Global Inc. Deferred Compensation Plan74 emp
CDK Global Inc. Retirement and Savings Restoration Plan63 emp

Total covered: 137 employees

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Total assets (EOY)

$830.3M

-7.8% from 2016

Total participants

6,784

-1.9% from 2016

Average account balance

$129,088

-5.9% from 2016

Annual return

14.46%

-7.36 pp from 2016

Benchmarks

See 184 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants1,000-4,999

Cohort184 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$735.51M

Not enough data

1 years with asset history on file

Average account balance

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

$150K

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.

4,901

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.

98.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$45.09M

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

+10.13%

Not enough data

1 years with return on file

Admin fee / account holder

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

$137

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

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
MERCER1 year Filed as: MERCER (US) INC MERCER INVESTMENTS Service code 27 21875 NETWORK PL · CHICAGO, IL 606731218	Advisory (Plan)	$449,814
GREAT-WEST LIFE & ANNUITY INSURANCE4 years Service code 64 · EIN 84-0467907	Recordkeeping Fees	$306,108
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: ADVISED ASSETS GROUP, LLC Service code 28 · EIN 84-1532243	Investment Management	$165,113
CHARLES SCHWAB & CO., INC.3 years Service code 26 · EIN 94-1737782	Advisory (Participants)	$521

Plan features & details

Pension benefit codes2E2F2G2J2K2S

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.

Opportunity flags

2 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$923K

$185 / participant

Investment mgmt$615K66.6%
Other / not subdivided$308K33.4%

% of EOY assets

0.111%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$129,088

$108,617+18.8%

$108,421+19.1%

$93,010+38.8%

Participation rate

92.9%

83.1%+9.8pp

80.1%+12.8pp

73.9%+19.0pp

Annual return

14.46%

21.63%-7.2pp

905.61%-891.2pp

158.70%-144.2pp

Employer contribution / active EE

$3,183

$3,249-2.1%

$3,560-10.6%

$2,705+17.6%

Participant deferral / active EE

$7,541

$7,885-4.4%

$6,564+14.9%

$4,561+65.3%

Admin fee / account holder

$143

$94+53.4%

$7,298-98.0%

$152-5.4%

Provider

Service type

Compensation

MERCER1 year

Filed as: MERCER (US) INC MERCER INVESTMENTS

Service code 27

21875 NETWORK PL · CHICAGO, IL 606731218

Advisory (Plan)

$449,814

GREAT-WEST LIFE & ANNUITY INSURANCE4 years

Service code 64 · EIN 84-0467907

Recordkeeping Fees

$306,108

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: ADVISED ASSETS GROUP, LLC

Service code 28 · EIN 84-1532243

Investment Management

$165,113

CHARLES SCHWAB & CO., INC.3 years

Service code 26 · EIN 94-1737782

Advisory (Participants)

$521

CDK GLOBAL, INC. 401(K) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (2)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CDK GLOBAL, INC. 401(K) PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (2)

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