Retirement plan

WILLKIE FARR & GALLAGHER LLP 401(K) PLAN

Name: WILLKIE FARR & GALLAGHER LLP - WILLKIE FARR & GALLAGHER LLP 401(K) PLAN (2015) Form 5500
Creator: WILLKIE FARR & GALLAGHER LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WILLKIE FARR & GALLAGHER LLP 401(K) PLAN, WILLKIE FARR & GALLAGHER LLP

WILLKIE FARR & GALLAGHER LLPEIN 13-5536844Plan #069PY 2015

787 SEVENTH AVENUE - NEW YORK, NY 100196099212-728-8000willkie.comLinkedIn1001-5000 employeeslaw practice

Other plans on this EIN

2 filings

#001Retirement-$157.9M assets #075Retirement-$97.4M assets

Prospect flagsLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$192.6M

-24.0% from 2016

Total participants

1,490

-5.2% from 2016

Average account balance

$143,488

-19.9% from 2016

Annual return

1.11%

-30.27 pp from 2016

Benchmarks

See 2,331 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,331 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$852.70M

Not enough data

1 years with asset history on file

Average account balance

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

$340K

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.

2,508

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.

90.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$47.46M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$27K

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

+16.36%

Not enough data

1 years with return on file

Admin fee / account holder

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

$-116

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
PRICEWATERHOUSECOOPERS LLP1+ years Service code 10 · EIN 13-5326270	Accounting	$38,346

Plan features & details

Pension benefit codes2E2F2J2R2T3B3F3H

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).
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$30K

$31 / participant

Other / not subdivided$30K100.0%

% of EOY assets

0.016%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

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: 135326270
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$143,488

$88,324+62.5%

$115,038+24.7%

$55,191+160.0%

Participation rate

85.0%

72.5%+12.5pp

81.4%+3.6pp

69.2%+15.8pp

Annual return

1.11%

6.30%-5.2pp

26.14%-25.0pp

10.78%-9.7pp

Employer contribution / active EE

$2,805-100.0%

$4,608-100.0%

$1,899-100.0%

Participant deferral / active EE

$10,986

$5,042+117.9%

$6,026+82.3%

$3,046+260.6%

Admin fee / account holder

$23

$105-78.6%

$8,175-99.7%

$91-75.2%

Provider

Service type

Compensation

PRICEWATERHOUSECOOPERS LLP1+ years

Service code 10 · EIN 13-5326270

Accounting

$38,346

WILLKIE FARR & GALLAGHER LLP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WILLKIE FARR & GALLAGHER 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