Retirement plan

WEIL, GOTSHAL & MANGES SECTION 401(K) SAVINGS AND INVESTMENT PLAN

Name: WEIL, GOTSHAL & MANGES LLP - WEIL, GOTSHAL & MANGES SECTION 401(K) SAVINGS AND INVESTMENT PLAN (2017) Form 5500
Creator: WEIL, GOTSHAL & MANGES LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WEIL, GOTSHAL & MANGES SECTION 401(K) SAVINGS AND INVESTMENT PLAN, WEIL, GOTSHAL & MANGES LLP

WEIL, GOTSHAL & MANGES LLPEIN 13-1456110Plan #006PY 2017

767 FIFTH AVE - NEW YORK, NY 101530119212-310-8000weil.comLinkedIn1001-5000 employeeslaw practice

Other plans on this EIN

5 filings

#009Retirement-$325.9M assets #002Retirement-$226.5M assets #001Retirement-$137.4M assets #011Retirement-$24.8M assets #013Retirement-$14.5M assets

Prospect flagsNo flags tripped

Top hat statement on fileNQDC

Filed December 23, 2014 (most recent of 2 filings on file)

Plan administrator

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767 Fifth Avenue

New York City State: NY Zip Code: 10153

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Plans declared (1)

Supplemental Executive Retirement Plan Agreement1 emp

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Total assets (EOY)

$515.8M

-14.9% from 2016

Total participants

2,525

-1.9% from 2016

Average account balance

$204,269

-13.3% from 2016

Annual return

17.18%

-18.95 pp from 2016

Benchmarks

See 662 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort662 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$785.89M

Not enough data

1 years with asset history on file

Average account balance

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

$289K

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.

2,716

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

$41.17M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$25K

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

+16.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

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Service providers

Top 5 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS3+ years Service code 12 · EIN 13-3689044	Distribution (12b-1) fees; Recordkeep...	$121,460
NATIONAL FINANCIAL SERVICES3+ years Service code 33 · EIN 04-3523567	Securities brokerage; Securities brok...	$0
NEUBERGER BERMAN3+ years Filed as: NEUBERGER BERMAN GROUP LLC Service code 28 605 THIRD AVENUE · NEW YORK, NY 10158	Investment Management	$0
T ROWE PRICE RPS INC2 years Filed as: T ROWE PRICE Service code 28 100 EAST PRATT STREET · BALTIMORE, MD 21202	Investment Management	$0
T ROWE PRICE RPS INC1 year Filed as: T.ROWE PRICE Service code 28	Investment Management	$0

Plan features & details

Pension benefit codes2E2F2G2J2T3B3F

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.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

0 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$121K

$88 / participant

Contract admin$121K100.0%

% of EOY assets

0.024%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: EISNERAMPER LLP
Auditor EIN: 131639826
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$204,269

$96,458+111.8%

$136,298+49.9%

$77,958+162.0%

Participation rate

100.0%

75.4%+24.6pp

81.9%+18.1pp

71.6%+28.4pp

Annual return

17.18%

23.78%-6.6pp

5156.27%-5139.1pp

20.87%-3.7pp

Employer contribution / active EE

$5,028

$3,144+59.9%

$4,696+7.1%

$2,310+117.6%

Participant deferral / active EE

$12,591

$5,902+113.3%

$6,247+101.6%

$3,537+256.0%

Admin fee / account holder

$48

$80-40.2%

$9,244-99.5%

$97-50.6%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS3+ years

Service code 12 · EIN 13-3689044

Distribution (12b-1) fees; Recordkeep...

$121,460

NATIONAL FINANCIAL SERVICES3+ years

Service code 33 · EIN 04-3523567

Securities brokerage; Securities brok...

NEUBERGER BERMAN3+ years

Filed as: NEUBERGER BERMAN GROUP LLC

Service code 28

605 THIRD AVENUE · NEW YORK, NY 10158

Investment Management

T ROWE PRICE RPS INC2 years

Filed as: T ROWE PRICE

Service code 28

100 EAST PRATT STREET · BALTIMORE, MD 21202

Investment Management

T ROWE PRICE RPS INC1 year

Filed as: T.ROWE PRICE

Service code 28

Investment Management

WEIL, GOTSHAL & MANGES SECTION 401(K) SAVINGS AND INVESTMENT PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WEIL, GOTSHAL & MANGES SECTION 401(K) SAVINGS AND INVESTMENT PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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