Retirement plan

BALLARD SPAHR LLP 401(K) PLAN FOR ASSOCIATES

Name: BALLARD SPAHR LLP - BALLARD SPAHR LLP 401(K) PLAN FOR ASSOCIATES (2016) Form 5500
Creator: BALLARD SPAHR LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BALLARD SPAHR LLP 401(K) PLAN FOR ASSOCIATES, BALLARD SPAHR LLP

BALLARD SPAHR LLPEIN 23-0382195Plan #004PY 2016

1735 MARKET STREET, 51ST FLOOR - PHILADELPHIA, PA 19103215-665-8500ballardspahr.comLinkedIn1001-5000 employeeslaw practice

Other plans on this EIN

1 filing

#002Retirement-$285.5M assets

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$37M

-26.9% from 2017

Total participants

581

+21.8% from 2017

Average account balance

$84,596

-26.1% from 2017

Annual return

24.35%

-17.67 pp from 2017

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

$224.05M

Not enough data

1 years with asset history on file

Average account balance

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

$347K

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.

645

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.

83.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.68M

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

+45.18%

Not enough data

1 years with return on file

Admin fee / account holder

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

$39

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
PNC BANK, N.A.1+ years Service code 25 · EIN 25-1211909	Directed Trustee	$13,087
PNC BANK, N.A.1+ years Filed as: PNC BANK, NATIONAL ASSOCIATION Service code 60	Sub-TA Fees	$0

Plan features & details

Pension benefit codes2E2G2J2F2K2R

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.

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

$13K

$34 / participant

Investment mgmt$1551.2%
Other / not subdivided$13K98.8%

% of EOY assets

0.036%

all-in expense ratio

Categories reported

1 / 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: EISNERAMPER LLP
Auditor EIN: 131639826
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$84,596

$80,177+5.5%

$123,894-31.7%

$57,661+46.7%

Participation rate

62.8%

74.4%-11.6pp

81.4%-18.6pp

70.2%-7.4pp

Annual return

24.35%

17.90%+6.4pp

47.52%-23.2pp

5.13%+19.2pp

Employer contribution / active EE

$2,913-100.0%

$4,617-100.0%

$1,974-100.0%

Participant deferral / active EE

$8,376

$5,130+63.3%

$5,984+40.0%

$3,061+173.7%

Admin fee / account holder

$30

$106-71.5%

$8,357-99.6%

$95-67.9%

Provider

Service type

Compensation

PNC BANK, N.A.1+ years

Service code 25 · EIN 25-1211909

Directed Trustee

$13,087

PNC BANK, N.A.1+ years

Filed as: PNC BANK, NATIONAL ASSOCIATION

Service code 60

Sub-TA Fees

BALLARD SPAHR LLP 401(K) PLAN FOR ASSOCIATES

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BALLARD SPAHR LLP 401(K) PLAN FOR ASSOCIATES

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