Retirement plan

CAHILL GORDON & REINDEL LLP 401(K) PLAN

Name: CAHILL GORDON & REINDEL LLP - CAHILL GORDON & REINDEL LLP 401(K) PLAN (2022) Form 5500
Creator: CAHILL GORDON & REINDEL LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CAHILL GORDON & REINDEL LLP 401(K) PLAN, CAHILL GORDON & REINDEL LLP

CAHILL GORDON & REINDEL LLPEIN 13-5510029Plan #033PY 2022

32 OLD SLIP - NEW YORK CITY, NY 10005212-701-3000cahill.comLinkedIn501-1000 employeeslaw practice

Other plans on this EIN

2 filings

#048Retirement-$95.4M assets #001Retirement-$28.6M assets

Prospect flagsFailed to provide benefitCorrective distributions

How to read this page

Total assets (EOY)

$146.5M

-7.6% from 2017

Total participants

762

-3.1% from 2017

Average account balance

$208,377

-8.0% from 2017

Annual return

-12.34%

-13.77 pp from 2017

Benchmarks

See 3,158 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort3,158 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$196.73M

Not enough data

1 years with asset history on file

Average account balance

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

$267K

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.

736

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.

85.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$8.13M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+14.09%

Not enough data

1 years with return on file

Admin fee / account holder

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

$84

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 2 by compensation

Provider	Service type	Compensation
PRICEWATERHOUSECOOPERS LLP7+ years Service code 10 · EIN 13-4008324	Accounting	$27,808
FIDELITY INVESTMENTS INSTITUTIONAL7+ years Service code 37 · EIN 04-2647786	Loan Processing	$25,192

Plan features & details

Pension benefit codes2G2J2T3B3F2E2F3D2R

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.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.

Opportunity flags

2 tripped

ComplianceFailed to provide benefit
Form 5500 reported that benefits due were not provided when due.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$53K

$130 / participant

Other / not subdivided$53K100.0%

% of EOY assets

0.036%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$208,377

$82,188+153.5%

$125,401+66.2%

$64,829+221.4%

Participation rate

85.4%

77.9%+7.5pp

82.4%+3.0pp

71.5%+13.9pp

Annual return

-12.34%

3.50%-15.8pp

572.53%-584.9pp

32.85%-45.2pp

Employer contribution / active EE

$1,961

$3,617-45.8%

$4,816-59.3%

$2,507-21.8%

Participant deferral / active EE

$14,695

$7,177+104.7%

$7,448+97.3%

$4,312+240.8%

Admin fee / account holder

$75

$163-54.3%

$10,008-99.3%

$188-60.2%

Provider

Service type

Compensation

PRICEWATERHOUSECOOPERS LLP7+ years

Service code 10 · EIN 13-4008324

Accounting

$27,808

FIDELITY INVESTMENTS INSTITUTIONAL7+ years

Service code 37 · EIN 04-2647786

Loan Processing

$25,192

CAHILL GORDON & REINDEL LLP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CAHILL GORDON & REINDEL LLP 401(K) 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