Retirement plan

SULLIVAN & CROMWELL LLP EMPLOYEES' SAVINGS PLAN II

Name: SULLIVAN & CROMWELL LLP ATTENTION MELANIE L. CORPUZ - SULLIVAN & CROMWELL LLP EMPLOYEES' SAVINGS PLAN II (2016) Form 5500
Creator: SULLIVAN & CROMWELL LLP ATTENTION MELANIE L. CORPUZ
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SULLIVAN & CROMWELL LLP EMPLOYEES' SAVINGS PLAN II, SULLIVAN & CROMWELL LLP ATTENTION MELANIE L. CORPUZ

SULLIVAN & CROMWELL LLP ATTENTION MELANIE L. CORPUZEIN 13-5420320Plan #081PY 2016

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

Other plans on this EIN

7 filings

#002Retirement-$206.0M assets #004Retirement-$148.5M assets #078Retirement-$140.1M assets #003Retirement-$117.5M assets #001Retirement-$101.5M assets #079Retirement-$56.5M assets #080Retirement-$23.1M assets

Prospect flagsLow returns

How to read this page

Total assets (EOY)

$104.7M

-2.8% from 2016

Total participants

621

-1.8% from 2016

Average account balance

$168,601

+0.5% from 2016

Annual return

6.27%

-5.06 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

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.92M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-92.57%

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

0 years with F_SCH_H allocation on file

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

Service providers

Top 5 by compensation

Provider	Service type	Compensation
PRICEWATERHOUSECOOPERS LLP2+ years Service code 10 · EIN 13-4008324	Accounting	$25,000
COOK STREET CONSULTING2+ years Service code 27 · EIN 84-0854432	Advisory (Plan)	$17,500
FIIOC2+ years Service code 37 · EIN 04-2647786	Loan Processing	$7,494
SEYFARTH SHAW LLP2+ years Service code 29 · EIN 36-2152202	Legal	$6,522
FIDELITY INVESTMENTS INSTITUTIONAL2+ years Filed as: FIDELITY INVESTMENTS Service code 60	Sub-TA Fees	$0

Plan features & details

Pension benefit codes2G2J2E2R2S2T

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.

Opportunity flags

1 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Plan-level admin expenses are zero - fees are likely paid at the master-trust level rather than the individual plan.

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: PRICEWATERHOUSECOOPERS
Auditor EIN: 134008324
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$168,601

$80,177+110.3%

$123,894+36.1%

$57,661+192.4%

Participation rate

100.0%

74.4%+25.6pp

81.4%+18.6pp

70.2%+29.8pp

Annual return

6.27%

17.90%-11.6pp

47.52%-41.2pp

5.13%+1.1pp

Employer contribution / active EE

$6,960

$2,913+138.9%

$4,617+50.7%

$1,974+252.6%

Participant deferral / active EE

$10,277

$5,130+100.3%

$5,984+71.7%

$3,061+235.8%

Admin fee / account holder

-$56

$106-152.4%

$8,357-100.7%

$95-159.0%

Provider

Service type

Compensation

PRICEWATERHOUSECOOPERS LLP2+ years

Service code 10 · EIN 13-4008324

Accounting

$25,000

COOK STREET CONSULTING2+ years

Service code 27 · EIN 84-0854432

Advisory (Plan)

$17,500

FIIOC2+ years

Service code 37 · EIN 04-2647786

Loan Processing

$7,494

SEYFARTH SHAW LLP2+ years

Service code 29 · EIN 36-2152202

Legal

$6,522

FIDELITY INVESTMENTS INSTITUTIONAL2+ years

Filed as: FIDELITY INVESTMENTS

Service code 60

Sub-TA Fees

SULLIVAN & CROMWELL LLP EMPLOYEES' SAVINGS PLAN II

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SULLIVAN & CROMWELL LLP EMPLOYEES' SAVINGS PLAN II

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