Retirement plan

SARGENT AND LUNDY LLC SAVINGS INVESTMENT PLAN

Name: SARGENT AND LUNDY, L.L.C. - SARGENT AND LUNDY LLC SAVINGS INVESTMENT PLAN (2016) Form 5500
Creator: SARGENT AND LUNDY, L.L.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SARGENT AND LUNDY LLC SAVINGS INVESTMENT PLAN, SARGENT AND LUNDY, L.L.C.

SARGENT AND LUNDY, L.L.C.EIN 36-1729848Plan #003PY 2016

55 EAST MONROE STREET - CHICAGO, IL 60603312-269-2130sargentlundy.comLinkedIn1001-5000 employeesinformation technology and services

Prospect flagsLow returnsCorrective distributions

How to read this page

Total assets (EOY)

$796.6M

-6.1% from 2016

Total participants

3,927

+2.4% from 2016

Average account balance

$208,375

-7.8% from 2016

Annual return

6.17%

-5.69 pp from 2016

Benchmarks

See 664 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort664 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.25B

Not enough data

1 years with asset history on file

Average account balance

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

$249K

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.

5,016

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.

99.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$63.70M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

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

+16.72%

Not enough data

1 years with return on file

Admin fee / account holder

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

$24

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 3 by compensation

Provider	Service type	Compensation
FINANCIAL ENGINES2+ years Service code 27 · EIN 77-0473565	Advisory (Plan)	$424,066
AON CONSULTING2+ years Filed as: AON HEWITT Service code 27 · EIN 36-3109431	Advisory (Plan)	$146,291
FIDELITY INVESTMENTS INSTITUTIONAL2+ years Service code 37 · EIN 04-2647786	Loan Processing	-$152,186

Plan features & details

Pension benefit codes2E2F2G2J2K2R2S2T

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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.

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$876K

$389 / participant

Investment mgmt$514K58.6%
Other / not subdivided$363K41.4%

% of EOY assets

0.110%

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: CROWE HORWATH
Auditor EIN: 350921680
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$208,375

$85,635+143.3%

$123,894+68.2%

$63,975+225.7%

Participation rate

95.4%

74.9%+20.5pp

81.4%+14.0pp

71.1%+24.3pp

Annual return

6.17%

15.74%-9.6pp

47.52%-41.3pp

48.65%-42.5pp

Employer contribution / active EE

$5,925

$3,076+92.6%

$4,617+28.3%

$2,182+171.6%

Participant deferral / active EE

$13,089

$5,667+131.0%

$5,984+118.7%

$3,356+290.0%

Admin fee / account holder

$229

$75+206.1%

$8,357-97.3%

$70+225.5%

Provider

Service type

Compensation

FINANCIAL ENGINES2+ years

Service code 27 · EIN 77-0473565

Advisory (Plan)

$424,066

AON CONSULTING2+ years

Filed as: AON HEWITT

Service code 27 · EIN 36-3109431

Advisory (Plan)

$146,291

FIDELITY INVESTMENTS INSTITUTIONAL2+ years

Service code 37 · EIN 04-2647786

Loan Processing

-$152,186

SARGENT AND LUNDY LLC SAVINGS INVESTMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SARGENT AND LUNDY LLC SAVINGS INVESTMENT 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