Retirement plan

KELLEY DRYE & WARREN LLP RETIREMENT SAVINGS PLAN

Name: KELLEY DRYE & WARREN LLP - KELLEY DRYE & WARREN LLP RETIREMENT SAVINGS PLAN (2022) 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 2022

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

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$338.2M

-18.5% from 2021

Total participants

919

+0.5% from 2021

Average account balance

$373,678

-19.4% from 2021

Annual return

-15.33%

-32.11 pp from 2021

Benchmarks

See 3,159 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort3,159 peers

Snapshot2022

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

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

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

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$130K

$238 / participant

Other / not subdivided$130K100.0%

% of EOY assets

0.038%

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

$373,678

$82,163+354.8%

$125,381+198.0%

$64,819+476.5%

Participation rate

97.4%

77.9%+19.5pp

82.4%+15.1pp

71.5%+26.0pp

Annual return

-15.33%

3.49%-18.8pp

572.31%-587.6pp

32.84%-48.2pp

Employer contribution / active EE

$8,240

$3,616+127.9%

$4,815+71.1%

$2,507+228.7%

Participant deferral / active EE

$13,643

$7,175+90.2%

$7,448+83.2%

$4,311+216.5%

Admin fee / account holder

$144

$163-12.1%

$10,007-98.6%

$188-23.6%

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