Filed February 26, 2020 (most recent of 2 filings on file)
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
Service code 27 · EIN 77-0401310 | Advisory (Plan) | $51,995 |
Filed as: CBIZ INVESTMENT ADVISORY SVCS, LLC Service code 27 · EIN 81-3968784 | Advisory (Plan) | $39,719 |
Filed as: CBIZ BENEFITS & INS SERVICES Service code 13 · EIN 31-1582098 | Contract Administrator | $20,788 |
Filed as: EMPOWER ANNUITY INS CO OF AMERICA Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $11,722 |
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.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $248,913 | $76,670+224.7% | $96,683+157.5% | $71,457+248.3% |
| Participation rate | 98.2% | 66.6%+31.6pp | 74.3%+23.9pp | 67.9%+30.3pp |
| Annual return | 15.03% | 48.29%-33.3pp | 35.69%-20.7pp | 28.85%-13.8pp |
| Employer contribution / active EE | $16,313 | $3,031+438.1% | $3,737+336.5% | $2,588+530.4% |
| Participant deferral / active EE | $12,549 | $3,771+232.8% | $4,878+157.3% | $4,289+192.6% |
| Admin fee / account holder | $880 | $2,028-56.6% | $6,730-86.9% | $1,587-44.6% |