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Original filing (PDF)20251009193106NAL0007465953001
CSP MANAGEMENT, INC. DBA PARTNER SOLUTIONS FOR SCHOOLS
Form 5500
FILING_RECEIVED
PARTNER SOLUTIONS MULTIPLE EMPLOYER PLAN
401(k) retirement plan
Active participants
2,093
Accounts w/ balance
2,500
Plan assets (EOY)
$63.7M
Net assets (EOY)
$63.7M
How this plan invests
This plan
29 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
91
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
65
Vendor stack
100
Participation health
100
Knocking points off
- 57 bps in Schedule C fees — 258% above peer band of 16 bps.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for CSP MANAGEMENT, INC. DBA PARTNER SOLUTIONS FOR SCHOOLS.
Plan sponsor
Name
CSP MANAGEMENT, INC. DBA PARTNER SOLUTIONS FOR SCHOOLS
EIN
20-1257602
Address
869 S. OLD US 23, SUITE 500 · BRIGHTON, MI · 48114
Phone
(810) 229-5145
Industry
Educational Servicessee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-09
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2T · Default investment account (QDIA)
2V · PEO multiple-employer plan
2S · Automatic enrollment
Audit & trust (Schedule H)
Auditor
CBIZ CPAS P.C.
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
3 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONS | 13-3689044 | — | RECORD KEEPER | $203K | — |
Advisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| ROBERT W. BAIRD & CO. INC | 39-6037917 | — | INVESTMENT ADVISORY PLAN | $144K | — |
Accountant / Auditor
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| CBIZ CPAS P.C. | 43-1947695 | — | AUDITOR | $19K | — |
Investments
29 direct securities· $65.3M(100% of reported assets)
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Vanguard Target Retment 2045 Fund | — | — | — | $8.1M | 12.7% | |
| Vanguard Target Retment 2035 Fund | — | — | — | $7.6M | 11.9% | |
| Vanguard Target Retment 2050 Fund | — | — | — | $7.1M | 11.2% | |
| Vanguard Target Retment 2040 Fund | — | — | — | $6.5M | 10.1% | |
| Vanguard Target Retment 2055 Fund | — | — | — | $5.8M | 9.2% | |
| Vanguard Target Retment 2030 Fund | — | — | — | $4.3M | 6.8% | |
| Vanguard 500 Index Adm | — | — | — | $3.4M | 5.4% | |
| Vanguard Target Retment 2025 Fund | — | — | — | $2.6M | 4.1% | |
| Principal Blue Chip R-6 | — | — | — | $2.5M | 4.0% | |
| Insurance Company/General Account | — | — | — | $2.0M | 3.2% | |
| Transamerica Financial Life Ins Co Transamerica Stbl Val Core Account | — | — | — | $2.0M | 3.2% | |
| Vanguard Target Retment 2060 Fund | — | — | — | $2.0M | 3.2% | |
| Vanguard Mid Cap Index Adm | — | — | — | $1.2M | 1.8% | |
| MFS Val R6 | — | — | — | $1.1M | 1.7% | |
| Vanguard FTSE All-Wld ex-US Idx Adm | — | — | — | $1.0M | 1.6% | |
| Participants Notes Receivable with interest rates of 4.25% to 9.50% | — | — | — | $972K | 1.5% | |
| Vanguard Small Cap Index Adm | — | — | — | $937K | 1.5% | |
| Voya Intermed Bd I | — | — | — | $930K | 1.5% | |
| Vanguard Target Retment 2020 Fund | — | — | — | $849K | 1.3% | |
| Vanguard Target Retrmnt 2065 Inv | — | — | — | $650K | 1.0% | |
| Legg Mason/Western Asset ClearBridge Intl Gr IS | — | — | — | $642K | 1.0% | |
| Vanguard Target Retrmnt Inc Fund | — | — | — | $558K | 0.9% | |
| MFS Mid Cap Val R6 | — | — | — | $542K | 0.9% | |
| Harbor Small Cap Val Instl | — | — | — | $510K | 0.8% | |
| Invesco Eqv Emrgng Mrkts All Cp R6 | — | — | — | $416K | 0.7% | |
| MFS New Discovery R3 | — | — | — | $385K | 0.6% | |
| MFS Mid Cap Gr R6 | — | — | — | $328K | 0.5% | |
| Prudential PGIM High Yield R6 | — | — | — | $295K | 0.5% | |
| Vanguard Target Retrmnt 2070 Inv | — | — | — | $7K | <0.1% |