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 (2020) 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 2020

31 WEST 52ND STREET - NEW YORK, NY 100196118212-878-8446

Other plans on this EIN

5 filings

#003Retirement-$175.5M assets #007Retirement-$64.2M assets #006Retirement-$23.5M assets #005Retirement-$23.5M assets #001Retirement-$1.6M assets

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$50.8M

-6.6% from 2016

Total participants

434

-1.8% from 2016

Average account balance

$154,502

-4.3% from 2016

Annual return

24.83%

-8.09 pp from 2016

Benchmarks

See 5,591 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,591 peers

Snapshot2020

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 1 by compensation

Provider	Service type	Compensation
MERRILL LYNCH PIERCE FENNER & SMITH6+ years Filed as: MERRILL LYNCH,PIERCE,FENNER & SMITH Service code 15 · EIN 13-5674085	Recordkeeping	$24,825

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

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$31K

$128 / participant

Investment mgmt$2K6.7%
Contract admin$25K81.0%
Other / not subdivided$4K12.3%

% of EOY assets

0.060%

all-in expense ratio

Categories reported

2 / 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: CROWE LLP
Auditor EIN: 350921680
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$154,502

$99,957+54.6%

$149,751+3.2%

$73,501+110.2%

Participation rate

56.3%

75.7%-19.5pp

82.5%-26.2pp

70.7%-14.4pp

Annual return

24.83%

53.87%-29.0pp

276.71%-251.9pp

28.51%-3.7pp

Employer contribution / active EE

$3,191-100.0%

$4,646-100.0%

$2,270-100.0%

Participant deferral / active EE

$10,817

$6,073+78.1%

$6,843+58.1%

$3,740+189.2%

Admin fee / account holder

$93

$551-83.1%

$9,312-99.0%

$513-81.9%

Provider

Service type

Compensation

MERRILL LYNCH PIERCE FENNER & SMITH6+ years

Filed as: MERRILL LYNCH,PIERCE,FENNER & SMITH

Service code 15 · EIN 13-5674085

Recordkeeping

$24,825

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