CBIZ Retirement Plan Advisory Services
Assets Under Management
$23.9M
Number of Clients
23
Number of Advisors
22
Average Client AUM
$1.0M
AUM per Advisor
$1.1M
Compensation
Commission-BasedFee-Only (AUM)Fixed/Hourly
About This Firm
CBIZ Retirement Plan Advisory Services offers investment management, advisory, and brokerage services to retirement plans. They work with plan sponsors to ensure ERISA compliance and meet employee needs. Services include investment reviews, participant education, retirement plan committee guidance, fee benchmarking, and compliance assistance.
Fee Structure
Fees for retirement plan services are negotiated based on size, complexity, services provided, travel, and meeting frequency. Investment advisory fees range from 0.05% to 1.50% of assets under advisement, potentially paid from group annuity commissions or 12b-1 fees. Fixed fees or hourly rates ($100-$350 per professional) can also be negotiated. A minimum retainer may apply for full consulting services.
Areas of Practice
Location
5959 Rockside Woods Blvd N, Suite 600, Cleveland, OH, 44131