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) | $65,526 |
Service code 27 · EIN 77-0401310 | Advisory (Plan) | $50,636 |
Filed as: GREAT WEST TRUST COMPANY LLC Service code 64 · EIN 84-1455663 | Recordkeeping Fees | $45,735 |
Service code 13 · EIN 31-1582098 | Contract Administrator | $43,749 |
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52 · EIN 04-1590850 | Indirect Investment Fees | $23,128 |
Service code 64 · EIN 84-0467907 | Recordkeeping Fees | $0 |
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.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $296,483 | $78,672+276.9% | $109,143+171.6% | $85,850+245.4% |
| Participation rate | 100.0% | 68.3%+31.7pp | 75.9%+24.1pp | 69.3%+30.7pp |
| Annual return | 13.66% | 25.09%-11.4pp | 25.75%-12.1pp | 318.53%-304.9pp |
| Employer contribution / active EE | $16,626 | $2,735+508.0% | $3,722+346.7% | $2,565+548.2% |
| Participant deferral / active EE | $13,164 | $3,467+279.7% | $4,653+182.9% | $3,952+233.1% |
| Admin fee / account holder | $1,906 | $5,469-65.1% | $6,752-71.8% | $6,260-69.5% |