Retirement plan

BLANK ROME PROFIT-SHARING PLAN

Name: BLANK ROME LLP - BLANK ROME PROFIT-SHARING PLAN (2024) Form 5500
Creator: BLANK ROME LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BLANK ROME PROFIT-SHARING PLAN, BLANK ROME LLP

BLANK ROME LLPEIN 23-1311874Plan #001PY 2024

130 N 18TH STREET, ONE LOGAN SQUARE - PHILADELPHIA, PA 191032757212-885-5085blankrome.comLinkedIn1001-5000 employeeslaw practice

Other plans on this EIN

1 filing

#002Retirement-$139.0M assets

Prospect flagsHigh retiree %Low returnsHigh assets / participant

Top hat statement on fileNQDC

Filed September 20, 2011

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

Open the filing PDF

How to read this page

Total assets (EOY)

$540.5M

+10.8% from 2023

Total participants

1,141

+4.3% from 2023

Average account balance

$513,827

+5.5% from 2023

Annual return

12.16%

+3.01 pp from 2023

Benchmarks

See 3,315 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort3,315 peers

Snapshot2024

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Analytics

Total assets (EOY)

Plan-year ending balance

$540.55M

Not enough data

1 years with asset history on file

Average account balance

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

$514K

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.

1,052

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.

89.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$27.49M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$33K

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

+12.16%

Not enough data

1 years with return on file

Admin fee / account holder

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

$37

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 7 by compensation

Provider	Service type	Compensation
STRATEGIC ADVISORS, INC.2 years Filed as: STRATEGIC ADVISORS Service code 27 · EIN 04-2654524	Advisory (Plan)	$66,385
TRAYNOR CAPITAL MANAGEMENT9 years Service code 16 · EIN 26-2115437	Consulting	$48,620
CARY STREET PARTNERS INVESTMENT1 year Filed as: CARY STREET PARTNERS Service code 16 · EIN 26-0070474	Consulting	$44,739
FORVIS MAZARS, LLP1 year Filed as: FORVIS MAZARS Service code 10 · EIN 44-0160260	Accounting	$30,364
MERCER1 year Service code 16 · EIN 36-2668272	Consulting	$16,600
COPELAND CAPITAL MANAGEMENT, LLC1 year Filed as: COPELAND CAPITAL MANAGEMENT Service code 16 · EIN 20-3145515	Consulting	$11,645
FIDELITY INVESTMENTS INSTITUTIONAL1 year Filed as: FIDELITY INVESTMENTS INS. OPER. CO Service code 37 · EIN 04-2647786	Loan Processing	-$181,834

Plan features & details

Pension benefit codes2E2F2G2J2R3H

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.
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

3 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.
InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$39K

$47 / participant

Investment mgmt$66K170.5%
Contract admin$124K318.6%

% of EOY assets

0.007%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: FORVIS MAZARS, LLP
Auditor EIN: 440160260
Audit fees: $30,364
Opinion code: Unqualified

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$513,827

$106,028+384.6%

$146,958+249.6%

$77,643+561.8%

Participation rate

89.3%

78.4%+10.9pp

82.2%+7.1pp

70.6%+18.7pp

Annual return

12.16%

56.73%-44.6pp

418.34%-406.2pp

31.24%-19.1pp

Employer contribution / active EE

$26,480

$4,063+551.7%

$4,933+436.8%

$2,726+871.5%

Participant deferral / active EE

$6,681

$7,990-16.4%

$8,070-17.2%

$4,647+43.8%

Admin fee / account holder

$37

$337-89.0%

$12,998-99.7%

$430-91.4%

Provider

Service type

Compensation

STRATEGIC ADVISORS, INC.2 years

Filed as: STRATEGIC ADVISORS

Service code 27 · EIN 04-2654524

Advisory (Plan)

$66,385

TRAYNOR CAPITAL MANAGEMENT9 years

Service code 16 · EIN 26-2115437

Consulting

$48,620

CARY STREET PARTNERS INVESTMENT1 year

Filed as: CARY STREET PARTNERS

Service code 16 · EIN 26-0070474

Consulting

$44,739

FORVIS MAZARS, LLP1 year

Filed as: FORVIS MAZARS

Service code 10 · EIN 44-0160260

Accounting

$30,364

MERCER1 year

Service code 16 · EIN 36-2668272

Consulting

$16,600

COPELAND CAPITAL MANAGEMENT, LLC1 year

Filed as: COPELAND CAPITAL MANAGEMENT

Service code 16 · EIN 20-3145515

Consulting

$11,645

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Filed as: FIDELITY INVESTMENTS INS. OPER. CO

Service code 37 · EIN 04-2647786

Loan Processing

-$181,834

BLANK ROME PROFIT-SHARING PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BLANK ROME PROFIT-SHARING PLAN

Top hat statement on fileNQDC

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