Retirement plan

CALFEE HALTER & GRISWOLD LLP SAVINGS INVESTMENT TRUST AND PLAN

Name: CALFEE HALTER & GRISWOLD, LLP - CALFEE HALTER & GRISWOLD LLP SAVINGS INVESTMENT TRUST AND PLAN (2020) Form 5500
Creator: CALFEE HALTER & GRISWOLD, LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CALFEE HALTER & GRISWOLD LLP SAVINGS INVESTMENT TRUST AND PLAN, CALFEE HALTER & GRISWOLD, LLP

CALFEE HALTER & GRISWOLD, LLPEIN 34-0732302Plan #002PY 2020

1405 EAST SIXTH STREET - CLEVELAND, OH 44114216-622-8200calfee.comLinkedIn201-500 employeeslaw practice

Other plans on this EIN

2 filings

#001Retirement-$211.8M assets #003Retirement-$12.7M assets

Prospect flagsHigh fees

How to read this page

Total assets (EOY)

$3.9M

+21.4% from 2019

Total participants

+1.9% from 2019

Average account balance

$70,024

+19.2% from 2019

Annual return

13.18%

-9.86 pp from 2019

Benchmarks

See 26,418 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort26,418 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$4.41M

Not enough data

1 years with asset history on file

Average account balance

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

$75K

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.

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.

103.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$470K

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$8K

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

+3.53%

Not enough data

1 years with return on file

Admin fee / account holder

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

$7574

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

0 years with F_SCH_H allocation on file

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

Service providers

Providers data not reported

Schedule C was not filed on this plan's most recent Form 5500, so no compensated service providers are available to display.

Plan features & details

Pension benefit codes2F2G2J2R2T3H

Plan features

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

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

Expense breakdown

Schedule H Part II

Admin total

$117K

$2165 / participant

Other / not subdivided$117K100.0%

% of EOY assets

3.036%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

No opinion code on file for this filing.

Auditor firm: (not reported)
Auditor EIN: -
Audit fees: (not subdivided)
Opinion code: -

Metric

This plan

Peer set

Industry

Size

Avg account balance

$70,024

$98,776-29.1%

$149,745-53.2%

$79,856-12.3%

Participation rate

100.0%

75.8%+24.2pp

82.5%+17.5pp

69.6%+30.4pp

Annual return

13.18%

27.38%-14.2pp

276.72%-263.5pp

31.71%-18.5pp

Employer contribution / active EE

$3,217-100.0%

$4,646-100.0%

$2,471-100.0%

Participant deferral / active EE

$7,000

$5,681+23.2%

$6,843+2.3%

$3,741+87.1%

Admin fee / account holder

$2,126

$6,053-64.9%

$9,312-77.2%

$5,306-59.9%

CALFEE HALTER & GRISWOLD LLP SAVINGS INVESTMENT TRUST AND PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CALFEE HALTER & GRISWOLD LLP SAVINGS INVESTMENT TRUST AND 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