Retirement plan

RETIREMENT PLAN OF SULLIVAN & CROMWELL LLP

Name: SULLIVAN & CROMWELL LLP - RETIREMENT PLAN OF SULLIVAN & CROMWELL LLP (2022) Form 5500
Creator: SULLIVAN & CROMWELL LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RETIREMENT PLAN OF SULLIVAN & CROMWELL LLP, SULLIVAN & CROMWELL LLP

SULLIVAN & CROMWELL LLPEIN 13-5420320Plan #002PY 2022

125 BROAD STREET - NEW YORK, NY 100042498212-558-4000sullcrom.comLinkedIn1001-5000 employeeslaw practice

Other plans on this EIN

7 filings

#004Retirement-$253.8M assets #078Retirement-$197.5M assets #003Retirement-$151.0M assets #081Retirement-$141.1M assets #001Retirement-$106.6M assets #079Retirement-$94.0M assets #080Retirement-$30.2M assets

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$248.3M

-5.2% from 2016

Total participants

215

-0.5% from 2016

Average account balance

$1,211,458

-4.7% from 2016

Annual return

-15.36%

-7.91 pp from 2016

Benchmarks

See 5,985 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,985 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$333.59M

Not enough data

1 years with asset history on file

Average account balance

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

$1.4M

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.

233

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$13.63M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$70K

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

+11.00%

Not enough data

1 years with return on file

Admin fee / account holder

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

$774

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 codes2J2E3B

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.

Opportunity flags

1 tripped

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

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: PRICEWATERHOUSECOOPERS LLP
Auditor EIN: 134008324
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$1,211,458

$84,507+1333.6%

$125,401+866.1%

$66,954+1709.4%

Participation rate

94.6%

76.4%+18.2pp

82.4%+12.2pp

69.8%+24.8pp

Annual return

-15.36%

-8.51%-6.9pp

572.53%-587.9pp

1.57%-16.9pp

Employer contribution / active EE

$36,211

$3,554+918.8%

$4,816+651.9%

$2,545+1322.9%

Participant deferral / active EE

$22,900

$6,785+237.5%

$7,448+207.5%

$4,239+440.2%

Admin fee / account holder

$685-100.0%

$10,008-100.0%

$594-100.0%

RETIREMENT PLAN OF SULLIVAN & CROMWELL LLP

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

RETIREMENT PLAN OF SULLIVAN & CROMWELL LLP

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Audit opinion

Benchmarks

Service providers

Opportunity flags

Audit opinion