Retirement plan

VORYS, SATER, SEYMOUR AND PEASE LLP RETIREMENT PLAN

Name: VORYS, SATER, SEYMOUR AND PEASE LLP - VORYS, SATER, SEYMOUR AND PEASE LLP RETIREMENT PLAN (2020) Form 5500
Creator: VORYS, SATER, SEYMOUR AND PEASE LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VORYS, SATER, SEYMOUR AND PEASE LLP RETIREMENT PLAN, VORYS, SATER, SEYMOUR AND PEASE LLP

VORYS, SATER, SEYMOUR AND PEASE LLPEIN 31-4333125Plan #002PY 2020

52 EAST GAY STREET, PO BOX 1008 - COLUMBUS, OH 432161008614-464-6429vorys.comLinkedIn501-1000 employeeslaw practice

Other plans on this EIN

1 filing

#005Retirement-$30.4M assets

Prospect flagsHigh feesHigh assets / participantFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$361.7M

-3.8% from 2016

Total participants

966

+1.4% from 2016

Average account balance

$380,324

-5.8% from 2016

Annual return

15.31%

-8.33 pp from 2016

Benchmarks

See 2,819 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,819 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$435.54M

Not enough data

1 years with asset history on file

Average account balance

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

$407K

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.

1,069

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.

98.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$20.97M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$30K

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

+15.29%

Not enough data

1 years with return on file

Admin fee / account holder

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

$633

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 10 of 15 by compensation

Provider	Service type	Compensation
THE JOSEPH GROUP LLC6+ years Service code 26 · EIN 36-4729550	Advisory (Participants)	$124,645
CHARLES SCHWAB & CO., INC.6+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES INC Service code 15 · EIN 34-1479833	Recordkeeping	$85,195
HAMILTON CAPITAL LLC2 years Service code 26 · EIN 83-3000171	Advisory (Participants)	$78,787
COOK STREET CONSULTING1 year Filed as: COOK STREET CONSULTING,INC. Service code 28 · EIN 84-0854432	Investment Management	$78,749
FISHER INVESTMENTS6+ years Service code 26 · EIN 20-2480800	Advisory (Participants)	$44,618
COLUMBUS INVESTMENT ADVISORY I6+ years Service code 26 · EIN 31-1452201	Advisory (Participants)	$18,242
JOHNSON BANK4 years Filed as: JOHNSON INVESTMENT COUNSEL INC Service code 26 · EIN 31-1801770	Advisory (Participants)	$17,198
G2 CAPITAL MANAGEMENT LLC4 years Service code 26 · EIN 81-4912492	Advisory (Participants)	$15,012
MERRIMAN WEALTH MGMT LLC6+ years Service code 26 · EIN 80-0873697	Advisory (Participants)	$13,264
ALLIANCE PENSION CONSULTANTS, LLC6+ years Filed as: SPECTRUM FINANCIAL ALLIANCE Service code 26 · EIN 52-2237781	Advisory (Participants)	$10,365

Plan features & details

Pension benefit codes2A2E2F2G2J2R2S2T3B3H

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.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
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

4 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$517K

$836 / participant

Investment mgmt$424K82.1%
Other / not subdivided$92K17.9%

% of EOY assets

0.143%

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: WINKEL GREEN & VAN HORN LLP
Auditor EIN: 314442423
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$380,324

$100,801+277.3%

$149,751+154.0%

$73,415+418.0%

Participation rate

97.6%

77.7%+19.9pp

82.5%+15.1pp

72.2%+25.4pp

Annual return

15.31%

265.34%-250.0pp

276.71%-261.4pp

59.30%-44.0pp

Employer contribution / active EE

$12,079

$3,312+264.7%

$4,646+160.0%

$2,234+440.7%

Participant deferral / active EE

$12,056

$6,404+88.2%

$6,843+76.2%

$3,806+216.8%

Admin fee / account holder

$543

$181+200.6%

$9,312-94.2%

$158+244.2%

Provider

Service type

Compensation

THE JOSEPH GROUP LLC6+ years

Service code 26 · EIN 36-4729550

Advisory (Participants)

$124,645

CHARLES SCHWAB & CO., INC.6+ years

Filed as: SCHWAB RETIREMENT PLAN SERVICES INC

Service code 15 · EIN 34-1479833

Recordkeeping

$85,195

HAMILTON CAPITAL LLC2 years

Service code 26 · EIN 83-3000171

Advisory (Participants)

$78,787

COOK STREET CONSULTING1 year

Filed as: COOK STREET CONSULTING,INC.

Service code 28 · EIN 84-0854432

Investment Management

$78,749

FISHER INVESTMENTS6+ years

Service code 26 · EIN 20-2480800

Advisory (Participants)

$44,618

COLUMBUS INVESTMENT ADVISORY I6+ years

Service code 26 · EIN 31-1452201

Advisory (Participants)

$18,242

JOHNSON BANK4 years

Filed as: JOHNSON INVESTMENT COUNSEL INC

Service code 26 · EIN 31-1801770

Advisory (Participants)

$17,198

G2 CAPITAL MANAGEMENT LLC4 years

Service code 26 · EIN 81-4912492

Advisory (Participants)

$15,012

MERRIMAN WEALTH MGMT LLC6+ years

Service code 26 · EIN 80-0873697

Advisory (Participants)

$13,264

ALLIANCE PENSION CONSULTANTS, LLC6+ years

Filed as: SPECTRUM FINANCIAL ALLIANCE

Service code 26 · EIN 52-2237781

Advisory (Participants)

$10,365

VORYS, SATER, SEYMOUR AND PEASE LLP RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VORYS, SATER, SEYMOUR AND PEASE LLP RETIREMENT 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