# Cbiz Retirement Plan Advisory Services

> Cbiz Retirement Plan Advisory Services is an SEC-registered investment advisory firm in Cleveland, OH, registered since 1999, reporting under $25 million in regulatory assets under management in its Form ADV filing dated March 5, 2026.

- CRD: 16678
- Filed as: CBIZ RETIREMENT PLAN ADVISORY SERVICES
- Legal name: Cbiz Financial Solutions, Inc.
- Also doing business as: CBIZ RETIREMENT PLAN ADVISORY SERVICES
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Cleveland, OH
- Filing period: October 2026
- Form ADV filing dated: March 5, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/16678
- AdvisorCensus page: https://advisorcensus.com/firm/cbiz-retirement-plan-advisory-services-cleveland-oh-16678

## Quick answers

**How is Cbiz Retirement Plan Advisory Services compensated?**
On its Form ADV (Item 5.E, October 2026), Cbiz Retirement Plan Advisory Services reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); commissions; other.

**What does Cbiz Retirement Plan Advisory Services' brochure say about its fees?**
Its Form ADV Part 2A brochure dated March 5, 2026 states: Asset-based fee: 0.05% to 1.5% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Cbiz Retirement Plan Advisory Services located?**
Cbiz Retirement Plan Advisory Services' principal office is in Cleveland, OH, according to its Form ADV; the April 2026 filing also lists 6 other offices (Schedule D, Section 1.F).

**Is Cbiz Retirement Plan Advisory Services registered with the SEC or a state?**
Cbiz Retirement Plan Advisory Services is an SEC-registered investment advisory firm, registered since 1999. Status as filed: Approved. CRD 16678.

**How much does Cbiz Retirement Plan Advisory Services manage?**
Cbiz Retirement Plan Advisory Services reports $8,873,081 in regulatory assets under management in its Form ADV filing dated March 5, 2026 (100% discretionary).

**How have Cbiz Retirement Plan Advisory Services' assets and staff changed since 2021?**
In the Form ADV data for Cbiz Retirement Plan Advisory Services: Regulatory assets under management: $129,360,707 in the October 2021 data and $8,873,081 in the October 2026 data, down 93%. Total employees: 54 in October 2021 and 19 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Cbiz Retirement Plan Advisory Services serve?**
By number of clients on Form ADV Item 5.D: pension and profit sharing plans (but not the plan participants or government pension plans) (11).

**Which custodians does Cbiz Retirement Plan Advisory Services use?**
Cbiz Retirement Plan Advisory Services' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Voya Financial as a custodian holding 10% or more of its separately managed account assets.

**Does Cbiz Retirement Plan Advisory Services report any disciplinary disclosures?**
Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation) and 11.E(2) (self-regulatory organization's finding of a rule violation). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/16678

**What changed in Cbiz Retirement Plan Advisory Services' recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 17 to 16. Regulatory assets under management went from $23,881,016 to $8,873,081 (-63%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
- Commissions
- Other

### Fees and minimums (Form ADV Part 2A brochure dated March 5, 2026)

- Asset-based fee: 0.05% to 1.5% a year (a range, as the brochure states it)

> Investment advisory fees generally range from 0.05% - 1.50% of assets under advisement and include fees payable to CBIZ RPAS and your CBIZ RPAS Consultant.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Voya Financial

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $8,873,081
- Discretionary: $8,873,081
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 11 | $8,873,081 |

### Advisory services (Item 5.G)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Selection of other advisers (including private fund managers)
- Educational seminars/workshops

### Firm details
- Registered since: 1999 (27 years)
- Employees: 19 total, 16 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CO, CT, DC, FL, IA, IL, IN, KS, MA, MD, MI, MN, MO, NJ, NV, NY, OH, PA, SC, TN, TX, UT, VA, WV
- Disclosures (Item 11): Reports 2 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(2): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?
- 11.E(2): Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/16678

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Cumberland, MD
- Kansas City, MO
- Maitland, FL
- Phoenix, AZ
- San Jose, CA
- St Louis, MO

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $129,360,707 | 54 | September 14, 2021 |
| October 2022 | $172,370,441 | 28 | March 25, 2022 |
| October 2023 | $57,856,282 | 27 | March 28, 2023 |
| October 2024 | $41,129,729 | 24 | March 22, 2024 |
| October 2025 | $23,881,016 | 21 | March 27, 2025 |
| October 2026 | $8,873,081 | 19 | March 5, 2026 |

Regulatory assets under management: $129,360,707 in the October 2021 data and $8,873,081 in the October 2026 data, down 93%.
Total employees: 54 in October 2021 and 19 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 17 to 16.
- Regulatory assets under management went from $23,881,016 to $8,873,081 (-63%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Cbiz Retirement Plan Advisory Services (CRD 16678): Form ADV filing data as of October 2026.