Retirement plan

SHIPMAN & GOODWIN LLP 401(K) PROFIT SHARING PLAN FOR LAWYER EMPLOYEES

Name: SHIPMAN & GOODWIN LLP - SHIPMAN & GOODWIN LLP 401(K) PROFIT SHARING PLAN FOR LAWYER EMPLOYEES (2015) Form 5500
Creator: SHIPMAN & GOODWIN LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SHIPMAN & GOODWIN LLP 401(K) PROFIT SHARING PLAN FOR LAWYER EMPLOYEES, SHIPMAN & GOODWIN LLP

SHIPMAN & GOODWIN LLPEIN 06-0640174Plan #002PY 2015

ONE CONSTITUTION PLAZA - HARTFORD, CT 061031136860-251-5000shipmangoodwin.comLinkedIn201-500 employeeslaw practice

Other plans on this EIN

2 filings

#001Retirement-$118.3M assets #003Retirement-$5.7M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$15.5M

No prior year

Total participants

195

No prior year

Average account balance

$93,444

No prior year

Annual return

-0.16%

No prior year

Benchmarks

See 4,662 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort4,662 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$29.63M

Not enough data

1 years with asset history on file

Average account balance

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

$184K

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.

161

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.

80.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.58M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+15.01%

Not enough data

1 years with return on file

Admin fee / account holder

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

$21

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 1 by compensation

Provider	Service type	Compensation
THE VANGUARD GROUP, INC.1+ years Filed as: VANGUARD GROUP, INC. Service code 33 · EIN 23-1945930 100 VANGUARD BOULEVARD · MALVERN, PA 19355	Securities brokerage; Participant loa...	$2,762

Plan features & details

Pension benefit codes2E2F2G2J2R

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.

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$3K

$19 / participant

Contract admin$3K100.0%

% of EOY assets

0.017%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$93,444

$70,002+33.5%

$115,038-18.8%

$52,331+78.6%

Participation rate

79.4%

72.1%+7.3pp

81.4%-1.9pp

68.1%+11.3pp

Annual return

-0.16%

4.04%-4.2pp

26.14%-26.3pp

4.54%-4.7pp

Employer contribution / active EE

$2,715-100.0%

$4,608-100.0%

$1,882-100.0%

Participant deferral / active EE

$9,145

$4,920+85.9%

$6,026+51.7%

$3,022+202.6%

Admin fee / account holder

$16

$566-97.1%

$8,175-99.8%

$592-97.3%

Provider

Service type

Compensation

THE VANGUARD GROUP, INC.1+ years

Filed as: VANGUARD GROUP, INC.

Service code 33 · EIN 23-1945930

100 VANGUARD BOULEVARD · MALVERN, PA 19355

Securities brokerage; Participant loa...

$2,762

SHIPMAN & GOODWIN LLP 401(K) PROFIT SHARING PLAN FOR LAWYER EMPLOYEES

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SHIPMAN & GOODWIN LLP 401(K) PROFIT SHARING PLAN FOR LAWYER EMPLOYEES

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