Filed December 2, 2019
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| Provider | Service type | Compensation |
|---|---|---|
CBIZ RETIREMENT PLAN SERVICES2+ years Filed as: CBIZ FINANCIAL SOLUTIONS INC Service code 27 · EIN 52-1396995 | Advisory (Plan) | $800 |
Filed as: MASS MUTUAL RETIREMENT SERVICES LLC Service code 15 · EIN 26-1589907 | Recordkeeping | $514 |
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $76,478 | $52,884+44.6% | $84,753-9.8% | $55,167+38.6% |
| Participation rate | 100.0% | 67.5%+32.5pp | 76.6%+23.4pp | 69.0%+31.0pp |
| Annual return | 8.72% | 18.03%-9.3pp | 22.78%-14.1pp | 169.23%-160.5pp |
| Employer contribution / active EE | $7,092 | $2,233+217.5% | $3,574+98.4% | $1,963+261.4% |
| Participant deferral / active EE | $6,837 | $2,644+158.6% | $3,712+84.2% | $3,054+123.9% |
| Admin fee / account holder | $139 | $581-76.0% | $5,333-97.4% | $504-72.4% |