Filed February 26, 2020 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
Filed as: CBIZ INVESTMENT ADVISORY SVCS, LLC Service code 27 · EIN 81-3968784 | Advisory (Plan) | $52,821 |
Filed as: CBIZ BENEFITS & INS SERVICES Service code 13 · EIN 31-1582098 | Contract Administrator | $24,545 |
Filed as: EMPOWER ANNUITY INS CO OF AMERICA Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $19,455 |
Service code 27 · EIN 77-0401310 | Advisory (Plan) | $17,633 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $256,983 | $80,781+218.1% | $102,437+150.9% | $74,478+245.0% |
| Participation rate | 100.0% | 65.7%+34.3pp | 74.5%+25.5pp | 67.2%+32.8pp |
| Annual return | 13.84% | 27.58%-13.7pp | 24.95%-11.1pp | 1370.56%-1356.7pp |
| Employer contribution / active EE | $16,714 | $3,160+428.9% | $3,871+331.8% | $2,626+536.4% |
| Participant deferral / active EE | $14,654 | $3,862+279.4% | $5,060+189.6% | $4,350+236.8% |
| Admin fee / account holder | $819 | $2,372-65.5% | $8,388-90.2% | $1,946-57.9% |