Filed February 26, 2020 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
Service code 27 · EIN 77-0401310 | Advisory (Plan) | $46,679 |
Filed as: CBIZ INVESTMENT ADVISORY SVCS, LLC Service code 27 · EIN 81-3968784 | Advisory (Plan) | $43,120 |
Filed as: CBIZ BENEFITS & INS SERVICES Service code 13 · EIN 31-1582098 | Contract Administrator | $19,513 |
Filed as: EMPOWER ANNUITY INS CO OF AMERICA Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $16,911 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $219,164 | $64,176+241.5% | $112,249+95.2% | $66,938+227.4% |
| Participation rate | 100.0% | 68.4%+31.6pp | 75.1%+24.9pp | 69.8%+30.2pp |
| Annual return | -14.23% | -13.80%-0.4pp | 27.48%-41.7pp | 1.58%-15.8pp |
| Employer contribution / active EE | $15,777 | $3,007+424.7% | $3,636+333.9% | $2,545+519.9% |
| Participant deferral / active EE | $13,022 | $3,694+252.6% | $4,729+175.4% | $4,238+207.2% |
| Admin fee / account holder | $937 | $626+49.7% | $6,412-85.4% | $594+57.9% |