Retirement plan

CGI TECHNOLOGIES AND SOLUTIONS, INC. 401(K) SAVINGS PLAN

Name: CGI TECHNOLOGIES AND SOLUTIONS, INC. - CGI TECHNOLOGIES AND SOLUTIONS, INC. 401(K) SAVINGS PLAN (2022) Form 5500
Creator: CGI TECHNOLOGIES AND SOLUTIONS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CGI TECHNOLOGIES AND SOLUTIONS, INC. 401(K) SAVINGS PLAN, CGI TECHNOLOGIES AND SOLUTIONS, INC.

CGI TECHNOLOGIES AND SOLUTIONS, INC.EIN 54-0856778Plan #001PY 2022

11325 RANDOM HILLS RD, SUITE 800 - FAIRFAX, VA 22030202-731-9612LinkedIn1-10 employees

Other plans on this EIN

1 filing

#002Retirement-$45.9M assets

Prospect flagsLow returns

Top hat statement on fileNQDC

Filed July 28, 1997

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$1662.1M

-8.3% from 2016

Total participants

17,270

-3.6% from 2016

Average account balance

$110,904

-3.1% from 2016

Annual return

-20.73%

-6.70 pp from 2016

Benchmarks

See 97 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants>=10,000

Cohort97 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$2.44B

Not enough data

1 years with asset history on file

Average account balance

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

$156K

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.

15,608

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.

75.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$148.11M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$11K

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

+18.98%

Not enough data

1 years with return on file

Admin fee / account holder

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

$59

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 6 by compensation

Provider	Service type	Compensation
T ROWE PRICE RPS INC6 years Service code 15 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$670,404
WILLIS TOWERS WATSON US LLC6 years Filed as: TOWERS WATSON Service code 27 WILLIS TOWER · CHICAGO, IL 60606	Advisory (Plan)	$149,421
CARON & BLETZER, PLLC3 years Filed as: CARON & BLETZER PLLC Service code 10 1 LIBRARY LANE · KINGSTON, NH 03848	Accounting	$28,200
FISHER INVESTMENTS2 years Service code 26 · EIN 20-2480800	Advisory (Participants)	$6,195
BRIDGEWORTH LLC2 years Service code 26 · EIN 26-3162378	Advisory (Participants)	$5,739
CHARLES SCHWAB & CO., INC.8+ years Service code 33 · EIN 94-1737782	Direct payment from the plan; Securit...	$4,412

Plan features & details

Pension benefit codes2E2F2G2J2K2R2T3D3H

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$852K

$71 / participant

Investment mgmt$149K17.5%
Other / not subdivided$703K82.5%

% of EOY assets

0.051%

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: CARON & BLETZER, PLLC
Auditor EIN: 040349945
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$110,904

$90,672+22.3%

$125,401-11.6%

$89,433+24.0%

Participation rate

81.1%

72.3%+8.8pp

82.4%-1.3pp

71.3%+9.8pp

Annual return

-20.73%

-6.42%-14.3pp

572.53%-593.3pp

-11.88%-8.8pp

Employer contribution / active EE

$1,976

$3,032-34.8%

$4,816-59.0%

$3,021-34.6%

Participant deferral / active EE

$8,695

$7,210+20.6%

$7,448+16.7%

$5,125+69.7%

Admin fee / account holder

$57

$69-17.7%

$10,008-99.4%

$79-28.4%

Provider

Service type

Compensation

T ROWE PRICE RPS INC6 years

Service code 15

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$670,404

WILLIS TOWERS WATSON US LLC6 years

Filed as: TOWERS WATSON

Service code 27

WILLIS TOWER · CHICAGO, IL 60606

Advisory (Plan)

$149,421

CARON & BLETZER, PLLC3 years

Filed as: CARON & BLETZER PLLC

Service code 10

1 LIBRARY LANE · KINGSTON, NH 03848

Accounting

$28,200

FISHER INVESTMENTS2 years

Service code 26 · EIN 20-2480800

Advisory (Participants)

$6,195

BRIDGEWORTH LLC2 years

Service code 26 · EIN 26-3162378

Advisory (Participants)

$5,739

CHARLES SCHWAB & CO., INC.8+ years

Service code 33 · EIN 94-1737782

Direct payment from the plan; Securit...

$4,412

CGI TECHNOLOGIES AND SOLUTIONS, INC. 401(K) SAVINGS PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CGI TECHNOLOGIES AND SOLUTIONS, INC. 401(K) SAVINGS PLAN

Top hat statement on fileNQDC

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