Retirement plan

KELLEY DRYE & WARREN LLP RETIREMENT SAVINGS PLAN

Name: KELLEY DRYE & WARREN LLP - KELLEY DRYE & WARREN LLP RETIREMENT SAVINGS PLAN (2021) 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 2021

3 WORLD TRADE CENTER, 175 GREENWICH STREET - NEW YORK, NY 10007212-808-7800kelleydrye.comLinkedIn501-1000 employeeslaw practice

Prospect flagsHigh assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$415M

-3.8% from 2016

Total participants

914

-0.7% from 2016

Average account balance

$463,729

-4.7% from 2016

Annual return

16.79%

-6.96 pp from 2016

Benchmarks

See 2,991 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,991 peers

Snapshot2021

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.7+ years Filed as: FIRST MANHATTAN Service code 26 · EIN 13-1957714	Advisory (Participants)	$9,162

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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$223K

$411 / participant

Other / not subdivided$223K100.0%

% of EOY assets

0.054%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: MAYER HOFFMAN MCCANN CPAS
Auditor EIN: 431947695
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$463,729

$104,336+344.5%

$159,495+190.7%

$86,828+434.1%

Participation rate

96.5%

77.7%+18.8pp

82.8%+13.7pp

72.3%+24.2pp

Annual return

16.79%

26.32%-9.5pp

263.72%-246.9pp

97.95%-81.2pp

Employer contribution / active EE

$7,839

$3,451+127.1%

$4,831+62.3%

$2,406+225.8%

Participant deferral / active EE

$12,985

$6,837+89.9%

$7,354+76.6%

$4,132+214.2%

Admin fee / account holder

$249

$172+44.8%

$10,804-97.7%

$170+47.0%

Provider

Service type

Compensation

FIRST MANHATTAN CO.7+ years

Filed as: FIRST MANHATTAN

Service code 26 · EIN 13-1957714

Advisory (Participants)

$9,162

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