Retirement plan

ROBINSON & COLE SAVINGS PLAN

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

ROBINSON & COLE LLPEIN 06-0512640Plan #003PY 2016

280 TRUMBULL STREET - HARTFORD, CT 06103860-275-8200rc.comLinkedIn201-500 employeeslaw practice

Other plans on this EIN

1 filing

#004Retirement-$22.3M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$175.3M

-7.1% from 2016

Total participants

422

-0.2% from 2016

Average account balance

$423,532

-7.3% from 2016

Annual return

7.52%

-6.83 pp from 2016

Benchmarks

See 2,524 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,524 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$294.29M

Not enough data

1 years with asset history on file

Average account balance

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

$565K

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.

521

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.

94.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$12.51M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$32K

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

+12.54%

Not enough data

1 years with return on file

Admin fee / account holder

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

$355

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
BRADLEY FOSTER & SARGENT INC2+ years Filed as: BRADLEY FOSTER & SARGENT, INC. Service code 26 · EIN 06-1380515 185 ASYLUM STREET · HARTFORD, CT 06103	Advisory (Participants)	$82,139
T ROWE PRICE RPS INC1 year Filed as: T. ROWE PRICE Service code 15 · EIN 52-1309931 100 EAST PRATT STREET · BALTIMORE, MD 21202	Recordkeeping	$63,350
FIDUCIARY INVESTMENT ADVISORS2+ years Service code 27 · EIN 20-4741585 100 NORTHFIELD DRIVE · WINDSOR, CT 06095	Advisory (Plan)	$25,500
COHNREZNICK LLP1 year Service code 10 · EIN 22-1478099 350 CHURCH STREET · HARTFORD, CT 06103	Accounting	$22,300

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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$193K

$620 / participant

Investment mgmt$108K55.7%
Contract admin$63K32.8%
Other / not subdivided$22K11.5%

% of EOY assets

0.110%

all-in expense ratio

Categories reported

2 / 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: COHNREZNICK LLP
Auditor EIN: 221478099
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$423,532

$80,177+428.2%

$123,894+241.8%

$57,661+634.5%

Participation rate

97.4%

74.4%+23.0pp

81.4%+16.0pp

70.2%+27.2pp

Annual return

7.52%

17.90%-10.4pp

47.52%-40.0pp

5.13%+2.4pp

Employer contribution / active EE

$12,665

$2,913+334.8%

$4,617+174.3%

$1,974+541.6%

Participant deferral / active EE

$9,863

$5,130+92.2%

$5,984+64.8%

$3,061+222.3%

Admin fee / account holder

$467

$106+339.2%

$8,357-94.4%

$95+393.9%

Provider

Service type

Compensation

BRADLEY FOSTER & SARGENT INC2+ years

Filed as: BRADLEY FOSTER & SARGENT, INC.

Service code 26 · EIN 06-1380515

185 ASYLUM STREET · HARTFORD, CT 06103

Advisory (Participants)

$82,139

T ROWE PRICE RPS INC1 year

Filed as: T. ROWE PRICE

Service code 15 · EIN 52-1309931

100 EAST PRATT STREET · BALTIMORE, MD 21202

Recordkeeping

$63,350

FIDUCIARY INVESTMENT ADVISORS2+ years

Service code 27 · EIN 20-4741585

100 NORTHFIELD DRIVE · WINDSOR, CT 06095

Advisory (Plan)

$25,500

COHNREZNICK LLP1 year

Service code 10 · EIN 22-1478099

350 CHURCH STREET · HARTFORD, CT 06103

Accounting

$22,300

ROBINSON & COLE SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ROBINSON & COLE 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