Retirement plan

CBJ ASSOCIATES 401(K) RETIREMENT PLAN

Name: CBJ ASSOCIATES - CBJ ASSOCIATES 401(K) RETIREMENT PLAN (2020) Form 5500
Creator: CBJ ASSOCIATES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CBJ ASSOCIATES 401(K) RETIREMENT PLAN, CBJ ASSOCIATES

CBJ ASSOCIATESEIN 52-1563084Plan #001PY 2020

18500 VON KARMAN AVENUE, SUITE 150 - IRVINE, CA 92612949-833-8373LinkedIn1-10 employeespublishing

Prospect flagsLow returnsFailed to transmit contributions

How to read this page

Total assets (EOY)

$7.9M

+9.8% from 2019

Total participants

138

-3.5% from 2019

Average account balance

$66,111

+10.7% from 2019

Annual return

10.58%

-19.25 pp from 2019

Benchmarks

See 3,014 peers

Peer group

Industry51 - Information

Plan typeDefined contribution

Participants25-99

Cohort3,014 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$9.00M

Not enough data

1 years with asset history on file

Average account balance

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

$83K

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.

109

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.

83.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$595K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+10.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$344

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 3 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE5 years Service code 50 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Direct Payment	$17,304
CBIZ RETIREMENT PLAN SERVICES5 years Filed as: CBIZ FINANCIAL SOLUTIONS INC. Service code 27 PO BOX 643792 · CINCINATTI, OH 45226	Advisory (Plan)	$13,637
EPIC RETIREMENT PLAN SERVICES4 years Filed as: MHM RETIREMENT PLAN SOLUTIONS LLC Service code 13 700 W 47TH STREET, SUITE 1100 · KANSAS CITY, MO 64112	Contract Administrator	$8,317

Plan features & details

Pension benefit codes2F2G2J2T3D2E

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.
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.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$33K

$379 / participant

Investment mgmt$14K43.2%
Other / not subdivided$19K56.8%

% of EOY assets

0.415%

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: MARKSNELSON LLC
Auditor EIN: 481238645
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$66,111

$70,475-6.2%

$100,530-34.2%

$79,858-17.2%

Participation rate

79.3%

73.7%+5.7pp

79.4%-0.1pp

69.6%+9.7pp

Annual return

10.58%

21.90%-11.3pp

30.89%-20.3pp

31.72%-21.1pp

Employer contribution / active EE

$2,165-100.0%

$3,418-100.0%

$2,471-100.0%

Participant deferral / active EE

$5,854

$5,181+13.0%

$6,271-6.7%

$3,740+56.5%

Admin fee / account holder

$275

$4,478-93.9%

$8,083-96.6%

$5,306-94.8%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE5 years

Service code 50

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Direct Payment

$17,304

CBIZ RETIREMENT PLAN SERVICES5 years

Filed as: CBIZ FINANCIAL SOLUTIONS INC.

Service code 27

PO BOX 643792 · CINCINATTI, OH 45226

Advisory (Plan)

$13,637

EPIC RETIREMENT PLAN SERVICES4 years

Filed as: MHM RETIREMENT PLAN SOLUTIONS LLC

Service code 13

700 W 47TH STREET, SUITE 1100 · KANSAS CITY, MO 64112

Contract Administrator

$8,317

CBJ ASSOCIATES 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CBJ ASSOCIATES 401(K) 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