Retirement plan

THOMPSON HINE LLP RETIREMENT PLAN

Name: THOMPSON HINE LLP - THOMPSON HINE LLP RETIREMENT PLAN (2019) Form 5500
Creator: THOMPSON HINE LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THOMPSON HINE LLP RETIREMENT PLAN, THOMPSON HINE LLP

THOMPSON HINE LLPEIN 34-0575300Plan #001PY 2019

3900 KEY CENTER, 127 PUBLIC SQUARE - CLEVELAND, OH 441141291216-566-5500thompsonhine.comLinkedIn501-1000 employeeslaw practice

Prospect flagsHigh feesHigh assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$333.1M

-3.4% from 2016

Total participants

1,032

+1.2% from 2016

Average account balance

$334,456

-3.7% from 2016

Annual return

21.89%

-7.55 pp from 2016

Benchmarks

See 2,853 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,853 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$460.06M

Not enough data

1 years with asset history on file

Average account balance

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

$416K

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.

1,106

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.

96.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$19.43M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$25K

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

+17.46%

Not enough data

1 years with return on file

Admin fee / account holder

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

$310

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 8 by compensation

Provider	Service type	Compensation
CHARLES SCHWAB & CO., INC.5+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES INC Service code 15 · EIN 34-1479833	Recordkeeping	$136,895
CLEARSTEAD ADVISORS, LLC1 year Service code 26 · EIN 34-1515316	Advisory (Participants)	$88,491
MEADEN & MOORE, LTD.3 years Filed as: MEADEN AND MOORE LTD. Service code 10 · EIN 34-1818258	Accounting	$20,150
BARTLETT & CO WEALTH MANAGEMENT1 year Filed as: BARTLETT & CO WEALTH MANAGEMEN Service code 26 · EIN 82-3939580	Advisory (Participants)	$19,365
JAMES INVESTMENT RESEARCH INC4 years Filed as: JAMES INVESTMENT RESEARCH, INC. Service code 26 · EIN 31-0891459	Advisory (Participants)	$18,196
FRONTIER ASSET MANAGEMENT4 years Service code 26 · EIN 83-0331917	Advisory (Participants)	$16,087
CHARLES SCHWAB & CO., INC.3 years Filed as: CHARLES SCHWAB & CO., INC Service code 33 · EIN 94-1737782	Shareholder servicing fees; Float rev...	$3,556
CHARLES SCHWAB & CO., INC.5+ years Filed as: CHARLES SCHWAB & CO. AND AFFILIATES Service code 59	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2R2S2T3B3D

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.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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

$300K

$419 / participant

Investment mgmt$143K47.7%
Other / not subdivided$157K52.3%

% of EOY assets

0.090%

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: MEADEN & MOORE, LTD
Auditor EIN: 341818258
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$334,456

$88,122+279.5%

$141,200+136.9%

$67,584+394.9%

Participation rate

95.0%

76.5%+18.5pp

82.5%+12.5pp

71.3%+23.7pp

Annual return

21.89%

75.40%-53.5pp

71.41%-49.5pp

378.59%-356.7pp

Employer contribution / active EE

$10,820

$3,224+235.6%

$4,736+128.5%

$2,148+403.8%

Participant deferral / active EE

$10,564

$5,958+77.3%

$6,710+57.4%

$3,540+198.4%

Admin fee / account holder

$301

$131+130.1%

$10,265-97.1%

$142+111.6%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.5+ years

Filed as: SCHWAB RETIREMENT PLAN SERVICES INC

Service code 15 · EIN 34-1479833

Recordkeeping

$136,895

CLEARSTEAD ADVISORS, LLC1 year

Service code 26 · EIN 34-1515316

Advisory (Participants)

$88,491

MEADEN & MOORE, LTD.3 years

Filed as: MEADEN AND MOORE LTD.

Service code 10 · EIN 34-1818258

Accounting

$20,150

BARTLETT & CO WEALTH MANAGEMENT1 year

Filed as: BARTLETT & CO WEALTH MANAGEMEN

Service code 26 · EIN 82-3939580

Advisory (Participants)

$19,365

JAMES INVESTMENT RESEARCH INC4 years

Filed as: JAMES INVESTMENT RESEARCH, INC.

Service code 26 · EIN 31-0891459

Advisory (Participants)

$18,196

FRONTIER ASSET MANAGEMENT4 years

Service code 26 · EIN 83-0331917

Advisory (Participants)

$16,087

CHARLES SCHWAB & CO., INC.3 years

Filed as: CHARLES SCHWAB & CO., INC

Service code 33 · EIN 94-1737782

Shareholder servicing fees; Float rev...

$3,556

CHARLES SCHWAB & CO., INC.5+ years

Filed as: CHARLES SCHWAB & CO. AND AFFILIATES

Service code 59

Shareholder Servicing

THOMPSON HINE LLP RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THOMPSON HINE 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