Retirement plan

KELLEY DRYE & WARREN LLP RETIREMENT SAVINGS PLAN

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

KELLEY DRYE & WARREN LLPEIN 13-5335107Plan #002PY 2016

101 PARK AVENUE - NEW YORK, NY 10178212-808-7800kelleydrye.comLinkedIn501-1000 employeeslaw practice

Prospect flagsHigh cashHigh assets / participant

How to read this page

Total assets (EOY)

$244.5M

-3.8% from 2016

Total participants

1,000

-0.7% from 2016

Average account balance

$257,086

-4.7% from 2016

Annual return

7.74%

-6.96 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

$442.29M

Not enough data

1 years with asset history on file

Average account balance

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

$500K

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.

885

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.

97.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$13.71M

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

+16.42%

Not enough data

1 years with return on file

Admin fee / account holder

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

$225

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
FIRST MANHATTAN CO.2+ years Filed as: FIRST MANHATTAN Service code 10 · EIN 13-1957714	Accounting	$165,514

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

2 tripped

OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$173K

$279 / participant

Other / not subdivided$173K100.0%

% of EOY assets

0.071%

all-in expense ratio

Categories reported

0 / 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: MARKS PANETH LLP
Auditor EIN: 113518842
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$257,086

$80,177+220.6%

$123,894+107.5%

$57,661+345.9%

Participation rate

92.1%

74.4%+17.7pp

81.4%+10.7pp

70.2%+21.9pp

Annual return

7.74%

17.90%-10.2pp

47.52%-39.8pp

5.13%+2.6pp

Employer contribution / active EE

$6,770

$2,913+132.4%

$4,617+46.6%

$1,974+243.0%

Participant deferral / active EE

$9,740

$5,130+89.8%

$5,984+62.8%

$3,061+218.2%

Admin fee / account holder

$182

$106+71.2%

$8,357-97.8%

$95+92.5%

Provider

Service type

Compensation

FIRST MANHATTAN CO.2+ years

Filed as: FIRST MANHATTAN

Service code 10 · EIN 13-1957714

Accounting

$165,514

KELLEY DRYE & WARREN LLP RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

KELLEY DRYE & WARREN 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