Retirement plan

CLIFFORD CHANCE US LLP ASSOCIATES TAX-DEFERRED SAVINGS PLAN

Name: CLIFFORD CHANCE US LLP - CLIFFORD CHANCE US LLP ASSOCIATES TAX-DEFERRED SAVINGS PLAN (2024) Form 5500
Creator: CLIFFORD CHANCE US LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CLIFFORD CHANCE US LLP ASSOCIATES TAX-DEFERRED SAVINGS PLAN, CLIFFORD CHANCE US LLP

CLIFFORD CHANCE US LLPEIN 13-5553664Plan #004PY 2024

2 MANHATTAN WEST, 375 9TH AVENUE - NEW YORK, NY 10011212-878-8446

Other plans on this EIN

5 filings

#003Retirement-$205.7M assets #007Retirement-$80.8M assets #006Retirement-$28.1M assets #005Retirement-$28.1M assets #001Retirement-$1.1M assets

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$78.3M

+23.5% from 2023

Total participants

529

+13.3% from 2023

Average account balance

$182,827

+12.9% from 2023

Annual return

20.09%

-7.41 pp from 2023

Benchmarks

See 3,307 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort3,307 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$78.25M

Not enough data

1 years with asset history on file

Average account balance

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

$183K

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.

428

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.

68.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.02M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+20.09%

Not enough data

1 years with return on file

Admin fee / account holder

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

$64

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
FIDELITY INVESTMENTS INSTITUTIONAL3 years Filed as: FIDELITY INV INS OPS CO LLC Service code 37 · EIN 04-2647786	Loan Processing	$27,302
FIDELITY INVESTMENTS INSTITUTIONAL2 years Service code 60	Sub-TA Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J

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.

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$27K

$86 / participant

Recordkeeping$27K100.0%

% of EOY assets

0.035%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CROWE LLP
Auditor EIN: 350921680
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$182,827

$106,164+72.2%

$147,041+24.3%

$77,692+135.3%

Participation rate

68.3%

78.4%-10.0pp

82.2%-13.8pp

70.6%-2.2pp

Annual return

20.09%

56.81%-36.7pp

419.21%-399.1pp

31.25%-11.2pp

Employer contribution / active EE

$4,066-100.0%

$4,935-100.0%

$2,726-100.0%

Participant deferral / active EE

$15,736

$7,993+96.9%

$8,071+95.0%

$4,648+238.5%

Admin fee / account holder

$64

$338-81.1%

$13,006-99.5%

$431-85.2%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL3 years

Filed as: FIDELITY INV INS OPS CO LLC

Service code 37 · EIN 04-2647786

Loan Processing

$27,302

FIDELITY INVESTMENTS INSTITUTIONAL2 years

Service code 60

Sub-TA Fees

CLIFFORD CHANCE US LLP ASSOCIATES TAX-DEFERRED SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CLIFFORD CHANCE US LLP ASSOCIATES TAX-DEFERRED 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