CBIZ Retirement Plan Services
FIRM INFORMATION 6050 Oak Tree Boulevard, Suite 500, Cleveland, OH 44131
Katie Coyne, (216) 525-1967, kcoyne@cbiz.com
cbiz.com/retirementBUSINESS PROFILEYear established:
1998National or local TPA:
NationalAre you a producing TPA or a 'non-producing TPA'?
EitherDC recordkeeping platform:
Yes (use our own platform only with some clients; use partner platforms for other clients)NUMBER OF PERSONNEL SERVING RETIREMENT PLANSSenior management:
12Other managers/administrators:
220Actuaries:
43Sales staff:
41Support staff:
57RETIREMENT PLAN PROFILERetirement plan assets under administration:
47,700,000,000Total number of retirement plans under administration:
3,800Total number of retirement plan participants under administration:
830,000NUMBER OF PLANS BY TYPE401(k):
403(b):
457:
Nonqualified Deferred Compensation:
Other DC:
Defined Benefit/Cash Balance/Hybrid:
FEE STRUCTURESFixed fee:
Fixed fee dependent on services chosenPer participant fee:
YesBasis points on assets:
YesOther:
Fees offset by revenue sharing agreements?
It depends (please specify conditions below): Fees can be offset by revenue sharing agreements; that is decided on a case by case basis depending on client needs.State(s) where offices are located:
Arizona (AZ), California (CA), Colorado (CO), Florida (FL), Georgia (GA), Illinois (IL), Maryland (MD), Massachusetts (MA), Minnesota (MN), Missouri (MO), New Jersey (NJ), North Carolina (NC), Ohio (OH), Pennsylvania (PA), Texas (TX), Washington (WA)PLAN ASSET SIZES SERVED<$1 million:
Yes$1 million - $5 million:
Yes>$5 million - $10 million:
Yes>$10 million - $25 million:
Yes>$25 million - $50 million:
Yes>$50 million - $100 million:
Yes>$100 million - $200 million:
Yes>$200 million - $500 million:
Yes>$500 million - $1 billion:
Yes>$1 billion:
YesRECORDKEEPING RELATIONSHIPSNumber of recordkeepers with DC selling agreements:
23Number of recordkeepers with DC assets:
50Number of recordkeepers where new plans placed:
8FIDUCIARY SERVICESPlan level 3(16) services:
Plan level 3(38) services:
YesParticipant level fiduciary services:
YesPRODUCTS/SERVICES OFFERED TO ADVISERS AND/OR PLANSCompliance support:
YesPlan benchmarking:
YesTarget-date evaluation tools:
YesInvestment committee meetings:
YesDesign/amend DC plan documents:
YesDesign/amend DB plan documents:
YesRecordkeeper transitions:
YesPrepare benefit statements:
YesProcess plan distributions:
YesPrepare loan paperwork:
YesNon-discrimination testing:
YesAllocation of contributions/forfeitures:
YesCalculate participant vesting %:
YesActuarial calculations & support:
YesForm 5500 preparation:
YesForm 5500 signing:
YesPlan audit support:
YesQDRO review:
YesSmall rollover IRA processing:
YesProvide fiduciary education:
YesAnnual 408(b)(2) assessment of fees:
YesInvestment selection services:
YesInvestment monitoring:
YesPRODUCTS/SERVICES OFFERED TO PLAN PARTICIPANTSEnrollment meetings (at time of hire):
NoRe-Enrollment meetings (after hire):
NoOne-on-one meetings with participants:
YesRollover assistance (into plan):
NoDistribution assistance (upon separation):
YesRetirement income planning:
YesFinancial/debt counseling:
NoEstate/tax planning:
NoAuthorize participant requests:
NoPrepare/deliver required participant notices:
Yes