Filed April 4, 2016
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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 31-1582098 6050 OAK TREE BLVD. SOUTH SUITE 500 · CLEVELAND, OH 44131 | Recordkeeping | $28,453 |
Filed as: CBIZ INVESTMENT ADVISORY SERVICES Service code 33 · EIN 81-3968784 6050 OAK TREE BLVD. SOUTH SUITE 500 · CLEVELAND, OH 44131 | Securities brokerage | $0 |
WELLS FARGO BANK, N.A.5+ years Service code 19 · EIN 94-1347393 1525 WEST WT HARRIS BLVD. · CHARLOTTE, NC 28288 | Securities Custodian | $0 |
Annual investment return is in the bottom quintile of the peer cohort.
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 | $53,100 | $61,473-13.6% | $81,716-35.0% | $73,412-27.7% |
| Participation rate | 78.3% | 72.4%+5.9pp | 72.0%+6.2pp | 72.2%+6.1pp |
| Annual return | 8.36% | 28.26%-19.9pp | 29.49%-21.1pp | 59.30%-50.9pp |
| Employer contribution / active EE | $1,065 | $1,898-43.9% | $4,310-75.3% | $2,234-52.3% |
| Participant deferral / active EE | $2,885 | $3,080-6.4% | $7,108-59.4% | $3,806-24.2% |
| Admin fee / account holder | $74 | $125-40.9% | $5,159-98.6% | $158-53.1% |