Retirement plan

TAFT STETTINIUS & HOLLISTER LLP THRIFT SAVINGS & RETIREMENT PLAN

Name: TAFT STETTINIUS & HOLLISTER LLP - TAFT STETTINIUS & HOLLISTER LLP THRIFT SAVINGS & RETIREMENT PLAN (2023) Form 5500
Creator: TAFT STETTINIUS & HOLLISTER LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TAFT STETTINIUS & HOLLISTER LLP THRIFT SAVINGS & RETIREMENT PLAN, TAFT STETTINIUS & HOLLISTER LLP

TAFT STETTINIUS & HOLLISTER LLPEIN 31-0541755Plan #004PY 2023

425 WALNUT STREET, SUITE 1800 - CINCINNATI, OH 452023957513-381-2838taftlaw.comLinkedIn1001-5000 employeeslaw practice

Other plans on this EIN

2 filings

#012Retirement-$32.4M assets #014Retirement--

Prospect flagsHigh assets / participant

Top hat statement on fileNQDC

Filed February 21, 2006

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.

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Total assets (EOY)

$745.6M

-9.1% from 2016

Total participants

1,609

+0.5% from 2016

Average account balance

$481,051

-5.9% from 2016

Annual return

43.84%

+15.37 pp from 2016

Benchmarks

See 928 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort928 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$848.89M

Not enough data

1 years with asset history on file

Average account balance

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

$470K

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.

1,807

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

$45.53M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$31K

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

+14.40%

Not enough data

1 years with return on file

Admin fee / account holder

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

$180

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

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Service providers

Top 10 of 17 by compensation

Provider	Service type	Compensation
GREAT-WEST LIFE & ANNUITY INSURANCE2 years Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$84,081
MERRILL LYNCH PIERCE FENNER & SMITH5 years Filed as: MERRILL LYNCH PIERCE FENNER SMITH Service code 26 · EIN 13-5674085	Advisory (Participants)	$49,813
MARINER LLC6 years Service code 26 · EIN 20-4553256	Advisory (Participants)	$33,368
AT INVESTMENT ADVISERS INC4 years Service code 26 · EIN 20-0822261	Advisory (Participants)	$29,928
CAPITAL MGMT SERVICES INC3 years Service code 26 · EIN 43-1410129	Advisory (Participants)	$28,530
WOODLEY FARRA MANION PORTFOLIO9+ years Service code 26 · EIN 35-1964649	Advisory (Participants)	$17,922
CURRY WEBB WEALTH MANAGEMENT1 year Service code 26 · EIN 46-2221312	Advisory (Participants)	$14,565
MORGAN STANLEY SMITH BARNEY8 years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 26 · EIN 11-3658445	Advisory (Participants)	$12,305
MCF ADVISORS LLC5 years Service code 26 · EIN 20-0566061	Advisory (Participants)	$8,225
NORTHWESTERN MUTUAL INVESTMENT SERV9+ years Filed as: NORTHWESTERN MUTUAL Service code 26 · EIN 39-2018056	Advisory (Participants)	$7,116

Plan features & details

Pension benefit codes2A2E2F2G2J2T3H2R

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$324K

$256 / participant

Recordkeeping$84K26.0%
Investment mgmt$240K74.0%

% of EOY assets

0.043%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: KATZ, SAPPER & MILLER LLP
Auditor EIN: 351090346
Audit fees: $0
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$481,051

$107,415+347.8%

$135,998+253.7%

$80,187+499.9%

Participation rate

95.3%

78.0%+17.3pp

81.9%+13.4pp

72.9%+22.4pp

Annual return

43.84%

91.99%-48.2pp

68.37%-24.5pp

40.40%+3.4pp

Employer contribution / active EE

$14,508

$3,878+274.1%

$4,860+198.5%

$2,980+386.9%

Participant deferral / active EE

$13,282

$8,189+62.2%

$7,761+71.2%

$5,016+164.8%

Admin fee / account holder

$209

$127+64.5%

$10,769-98.1%

$145+44.0%

Provider

Service type

Compensation

GREAT-WEST LIFE & ANNUITY INSURANCE2 years

Filed as: EMPOWER ANNUITY INSURANCE COMPANY

Service code 64

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$84,081

MERRILL LYNCH PIERCE FENNER & SMITH5 years

Filed as: MERRILL LYNCH PIERCE FENNER SMITH

Service code 26 · EIN 13-5674085

Advisory (Participants)

$49,813

MARINER LLC6 years

Service code 26 · EIN 20-4553256

Advisory (Participants)

$33,368

AT INVESTMENT ADVISERS INC4 years

Service code 26 · EIN 20-0822261

Advisory (Participants)

$29,928

CAPITAL MGMT SERVICES INC3 years

Service code 26 · EIN 43-1410129

Advisory (Participants)

$28,530

WOODLEY FARRA MANION PORTFOLIO9+ years

Service code 26 · EIN 35-1964649

Advisory (Participants)

$17,922

CURRY WEBB WEALTH MANAGEMENT1 year

Service code 26 · EIN 46-2221312

Advisory (Participants)

$14,565

MORGAN STANLEY SMITH BARNEY8 years

Filed as: MORGAN STANLEY SMITH BARNEY LLC

Service code 26 · EIN 11-3658445

Advisory (Participants)

$12,305

MCF ADVISORS LLC5 years

Service code 26 · EIN 20-0566061

Advisory (Participants)

$8,225

NORTHWESTERN MUTUAL INVESTMENT SERV9+ years

Filed as: NORTHWESTERN MUTUAL

Service code 26 · EIN 39-2018056

Advisory (Participants)

$7,116

TAFT STETTINIUS & HOLLISTER LLP THRIFT SAVINGS & RETIREMENT PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TAFT STETTINIUS & HOLLISTER LLP THRIFT SAVINGS & RETIREMENT 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