Retirement plan

BUCHANAN INGERSOLL & ROONEY PC RETIREMENT SAVINGS PLAN

Name: BUCHANAN INGERSOLL & ROONEY PC - BUCHANAN INGERSOLL & ROONEY PC RETIREMENT SAVINGS PLAN (2020) Form 5500
Creator: BUCHANAN INGERSOLL & ROONEY PC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BUCHANAN INGERSOLL & ROONEY PC RETIREMENT SAVINGS PLAN, BUCHANAN INGERSOLL & ROONEY PC

BUCHANAN INGERSOLL & ROONEY PCEIN 25-1381032Plan #003PY 2020

UNION TRUST BUILDING, 501 GRANT STREET, SUITE 200 - PITTSBURGH, PA 15219412-562-8800bipc.comLinkedIn501-1000 employeeslaw practice

Other plans on this EIN

3 filings

#001Retirement-$196.5M assets #002Retirement-$175.3M assets #007Retirement-$9.6M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$53.5M

-7.7% from 2016

Total participants

410

-2.6% from 2016

Average account balance

$130,605

-7.2% from 2016

Annual return

36.59%

-12.01 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

$484.14M

Not enough data

1 years with asset history on file

Average account balance

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

$372K

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.

1,301

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.

96.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$20.34M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$26K

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

+18.26%

Not enough data

1 years with return on file

Admin fee / account holder

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

$170

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 4 by compensation

Provider	Service type	Compensation
FIDUCIA GROUP LLC6+ years Service code 28 100 WEST SQUARE DRIVE · PITTSBURGH, PA 15219	Investment Management	$26,667
CATANESE GROUP3 years Service code 10 307 STATE STREET · JOHNSTOWN, PA 15905	Accounting	$12,000
NEWPORT GROUP, INC.2 years Filed as: NEWPORTGROUP INC. Service code 52	Indirect Investment Fees	$0
PNC BANK, N.A.6+ years Filed as: PNC BANK, NATIONAL ASSOCIATION Service code 52	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2R2T3H2S

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.
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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$40K

$187 / participant

Investment mgmt$27K67.3%
Other / not subdivided$13K32.7%

% of EOY assets

0.074%

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: CATANESE GROUP
Auditor EIN: 251685380
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$130,605

$99,957+30.7%

$149,751-12.8%

$73,501+77.7%

Participation rate

100.0%

75.7%+24.3pp

82.5%+17.5pp

70.7%+29.3pp

Annual return

36.59%

53.87%-17.3pp

276.71%-240.1pp

28.51%+8.1pp

Employer contribution / active EE

$3,191-100.0%

$4,646-100.0%

$2,270-100.0%

Participant deferral / active EE

$12,021

$6,073+98.0%

$6,843+75.7%

$3,740+221.4%

Admin fee / account holder

$97

$551-82.5%

$9,312-99.0%

$513-81.2%

Provider

Service type

Compensation

FIDUCIA GROUP LLC6+ years

Service code 28

100 WEST SQUARE DRIVE · PITTSBURGH, PA 15219

Investment Management

$26,667

CATANESE GROUP3 years

Service code 10

307 STATE STREET · JOHNSTOWN, PA 15905

Accounting

$12,000

NEWPORT GROUP, INC.2 years

Filed as: NEWPORTGROUP INC.

Service code 52

Indirect Investment Fees

PNC BANK, N.A.6+ years

Filed as: PNC BANK, NATIONAL ASSOCIATION

Service code 52

Indirect Investment Fees

BUCHANAN INGERSOLL & ROONEY PC RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BUCHANAN INGERSOLL & ROONEY PC RETIREMENT 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