Retirement plan

ROPES & GRAY LLP RETIREMENT SAVINGS PLAN

Name: ROPES & GRAY LLP - ROPES & GRAY LLP RETIREMENT SAVINGS PLAN (2016) Form 5500
Creator: ROPES & GRAY LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ROPES & GRAY LLP RETIREMENT SAVINGS PLAN, ROPES & GRAY LLP

ROPES & GRAY LLPEIN 04-2233412Plan #007PY 2016

PRUDENTIAL TOWER, 800 BOYLSTON STREET - BOSTON, MA 021993600617-951-7000

Other plans on this EIN

2 filings

#067Retirement-$187.6M assets #002Retirement-$134.7M assets

Prospect flagsCorrective distributions

How to read this page

Total assets (EOY)

$773.7M

-8.7% from 2016

Total participants

3,495

+0.1% from 2016

Average account balance

$246,094

-8.0% from 2016

Annual return

9.44%

-10.28 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

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.37B

Not enough data

1 years with asset history on file

Average account balance

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

$319K

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.

4,297

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.

89.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$60.09M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$22K

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

+15.86%

Not enough data

1 years with return on file

Admin fee / account holder

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

$129

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 6 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE2+ years Filed as: ADVISED ASSETS GROUP Service code 26 · EIN 84-1532243	Advisory (Participants)	$157,608
MORGAN STANLEY SMITH BARNEY2+ years Filed as: J.P. MORGAN SECURITIES LLC Service code 26 · EIN 13-4110995	Advisory (Participants)	$36,812
GREAT-WEST LIFE & ANNUITY INSURANCE2+ years Filed as: GREAT-WEST LIFE & ANNUITY INS. CO. Service code 15 · EIN 84-0467907	Recordkeeping	$3,250
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Service code 15	Recordkeeping	$0
MORGAN STANLEY SMITH BARNEY1 year Filed as: J.P.MORGAN SECURITIES LLC Service code 59	Shareholder Servicing	$0
TD AMERITRADE, INC.1 year Filed as: TD AMERITRADE Service code 59	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2E2F2G2J2R2T

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
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.

Opportunity flags

1 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$200K

$84 / participant

Investment mgmt$97K48.3%
Other / not subdivided$103K51.7%

% of EOY assets

0.026%

all-in expense ratio

Categories reported

1 / 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: PRICE WATERHOUSE COOPER LLP
Auditor EIN: 134008324
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$246,094

$85,635+187.4%

$123,894+98.6%

$63,975+284.7%

Participation rate

85.2%

74.9%+10.2pp

81.4%+3.8pp

71.1%+14.0pp

Annual return

9.44%

15.74%-6.3pp

47.52%-38.1pp

48.65%-39.2pp

Employer contribution / active EE

$5,027

$3,076+63.4%

$4,617+8.9%

$2,182+130.4%

Participant deferral / active EE

$10,089

$5,667+78.0%

$5,984+68.6%

$3,356+200.6%

Admin fee / account holder

$64

$75-15.1%

$8,357-99.2%

$70-9.7%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE2+ years

Filed as: ADVISED ASSETS GROUP

Service code 26 · EIN 84-1532243

Advisory (Participants)

$157,608

MORGAN STANLEY SMITH BARNEY2+ years

Filed as: J.P. MORGAN SECURITIES LLC

Service code 26 · EIN 13-4110995

Advisory (Participants)

$36,812

GREAT-WEST LIFE & ANNUITY INSURANCE2+ years

Filed as: GREAT-WEST LIFE & ANNUITY INS. CO.

Service code 15 · EIN 84-0467907

Recordkeeping

$3,250

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Service code 15

Recordkeeping

MORGAN STANLEY SMITH BARNEY1 year

Filed as: J.P.MORGAN SECURITIES LLC

Service code 59

Shareholder Servicing

TD AMERITRADE, INC.1 year

Filed as: TD AMERITRADE

Service code 59

Shareholder Servicing

ROPES & GRAY LLP RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ROPES & GRAY LLP RETIREMENT SAVINGS 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