Retirement plan

WILMER CUTLER PICKERING HALE AND DORR LLP SAVINGS AND RETIREMENT PLAN

Name: WILMER CUTLER PICKERING HALE AND DORR LLP - WILMER CUTLER PICKERING HALE AND DORR LLP SAVINGS AND RETIREMENT PLAN (2023) Form 5500
Creator: WILMER CUTLER PICKERING HALE AND DORR LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WILMER CUTLER PICKERING HALE AND DORR LLP SAVINGS AND RETIREMENT PLAN, WILMER CUTLER PICKERING HALE AND DORR LLP

WILMER CUTLER PICKERING HALE AND DORR LLPEIN 04-1409810Plan #004PY 2023

60 STATE STREET - BOSTON, MA 02109617-526-6000

Other plans on this EIN

1 filing

#006Retirement-$214.3M assets

Prospect flagsLow returnsHigh assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$1104.8M

-9.3% from 2016

Total participants

3,477

+0.6% from 2016

Average account balance

$318,756

-9.8% from 2016

Annual return

16.98%

-14.64 pp from 2016

Benchmarks

See 928 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort928 peers

Snapshot2023

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$1.22B

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$352K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

3,466

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

99.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$53.11M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$30K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+12.86%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$112

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 4 by compensation

Provider	Service type	Compensation
JOHN HANCOCK LIFE INSURANCE COMPANY9+ years Filed as: JOHN HANCOCK RETIREMENT PLAN SRVS Service code 15 · EIN 01-0233346	Recordkeeping	$226,946
CAPFINANCIAL PARTNERS LLC8 years Filed as: CAPTRUST FINANCIAL PARTNERS Service code 27 · EIN 26-0058143	Advisory (Plan)	$168,100
FIDUCIENT ADVISORS LLC1 year Filed as: FIDUCIENT ADVISORS Service code 27 20 WILLIAM STREET · WELLESLEY, MA 02481	Advisory (Plan)	$49,544
PRICEWATERHOUSECOOPERS LLP9+ years Service code 10 · EIN 13-4008324	Accounting	$49,057

Plan features & details

Pension benefit codes2E2F2G2J2K2R2S2T3B

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

3 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$494K

$279 / participant

Investment mgmt$218K44.0%
Contract admin$227K46.0%
Other / not subdivided$49K9.9%

% of EOY assets

0.045%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PRICEWATERHOUSECOOPERS, LLP
Auditor EIN: 134008324
Audit fees: $49,057
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$318,756

$107,415+196.8%

$135,998+134.4%

$80,187+297.5%

Participation rate

99.4%

78.0%+21.3pp

81.9%+17.5pp

72.9%+26.4pp

Annual return

16.98%

91.99%-75.0pp

68.37%-51.4pp

40.40%-23.4pp

Employer contribution / active EE

$11,113

$3,878+186.6%

$4,860+128.7%

$2,980+273.0%

Participant deferral / active EE

$17,252

$8,189+110.7%

$7,761+122.3%

$5,016+243.9%

Admin fee / account holder

$143

$127+12.2%

$10,769-98.7%

$145-1.7%

Provider

Service type

Compensation

JOHN HANCOCK LIFE INSURANCE COMPANY9+ years

Filed as: JOHN HANCOCK RETIREMENT PLAN SRVS

Service code 15 · EIN 01-0233346

Recordkeeping

$226,946

CAPFINANCIAL PARTNERS LLC8 years

Filed as: CAPTRUST FINANCIAL PARTNERS

Service code 27 · EIN 26-0058143

Advisory (Plan)

$168,100

FIDUCIENT ADVISORS LLC1 year

Filed as: FIDUCIENT ADVISORS

Service code 27

20 WILLIAM STREET · WELLESLEY, MA 02481

Advisory (Plan)

$49,544

PRICEWATERHOUSECOOPERS LLP9+ years

Service code 10 · EIN 13-4008324

Accounting

$49,057

WILMER CUTLER PICKERING HALE AND DORR LLP SAVINGS AND RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WILMER CUTLER PICKERING HALE AND DORR LLP SAVINGS AND RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion