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Retirement plan

KIRKLAND & ELLIS LLP DEFINED CONTRIBUTION 401(K) SAVINGS PLAN

KIRKLAND & ELLIS LLPEIN 36-1326630Plan #003PY 2016
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300 NORTH LASALLE STREET - CHICAGO, IL 606543406312-862-2000kirkland.comLinkedIn5001-10000 employeeslaw practice
Other plans on this EIN
1 filing
#006Retirement-$208.9M assets
Prospect flagsCorrective distributions

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(312) 862-2000
Plan administrator signer
TODD MAYNES
Signed 07/20/2017
Plan administrator entity
KIRKLAND & ELLIS LLP BENEFITS COMMITTEE
EIN 362874412
How to read this page

Summary metrics

Total assets (EOY)
$1057.2M
-9.6% from 2016
Total participants
4,805
-7.1% from 2016
Average account balance
$223,170
-2.5% from 2016
Annual return
8.84%
-8.64 pp from 2016

Benchmarks

See 664 peers
Peer group
Industry54 - Professional, Scientific, and Technical Services
Plan typeDefined contribution
Participants1,000-4,999
Cohort664 peers
Snapshot2016
Participant deferral / active EE
$10,843
median $5,897
Employer contribution / active EE
$10,541
median $1,948
Participation rate
97.7%
median 88.4%
Avg account balance
$223,170
median $65,362
Admin fee / account holder
$34
median $49
Annual return
8.84%
median 9.20%
Overall peer rank
76th percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$2.67B
Average account balance
Total assets / participants with a balance (line 6g)
$291K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
9,178
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
98.5%
Contributions (total)
Employer and participant dollars contributed each year
$171.47M
Contributions per participant
Average employer and participant contribution per enrolled participant
$29K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+14.73%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$88
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 1 by compensation
ProviderService typeCompensation
THE VANGUARD GROUP, INC.2+ years
Service code 15 · EIN 23-1945930
Recordkeeping
$181,067

Top hat statement on fileNQDC

Filed August 19, 1992

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

Open the filing PDF

Plan features & details

Pension benefit codes2E2F2G2J2K2T3B
Plan features
  • 2E
    Profit-sharing
    Profit-sharing plan.
  • 2F
    ERISA section 404(c) plan
    This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
  • 2G
    Total participant-directed account plan
    Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • 2J
    Code section 401(k) feature
    Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
  • 2K
    Code section 401(m) arrangement
    Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
  • 2T
    Default investment account
    Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
  • 3B
    Plan covering self-employed individuals
    Plan covering self-employed individuals.

Opportunity flags

1 tripped
  • ComplianceCorrective distributions

    Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II
Admin total
$163K
$54 / participant
  • Other / not subdivided$163K100.0%
% of EOY assets
0.015%
all-in expense ratio
Categories reported
0 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm
PRICEWATERHOUSECOOPERS
Auditor EIN
134008324
Audit fees
(not subdivided)
Opinion code
Disclaimer