Retirement plan

EMPLOYEE SAVINGS PLAN OF WINSTON & STRAWN LLP

Name: WINSTON & STRAWN LLP - EMPLOYEE SAVINGS PLAN OF WINSTON & STRAWN LLP (2018) Form 5500
Creator: WINSTON & STRAWN LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EMPLOYEE SAVINGS PLAN OF WINSTON & STRAWN LLP, WINSTON & STRAWN LLP

WINSTON & STRAWN LLPEIN 36-1975990Plan #022PY 2018

35 W. WACKER DRIVE - CHICAGO, IL 60601312-558-5600winston.comLinkedIn1001-5000 employeeslaw practice

Other plans on this EIN

1 filing

#001Retirement-$386.0M assets

Prospect flagsLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$368.4M

-12.7% from 2017

Total participants

2,650

+1.7% from 2017

Average account balance

$168,974

-13.1% from 2017

Annual return

28.77%

-19.72 pp from 2017

Benchmarks

See 688 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort688 peers

Snapshot2018

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)

$439K

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.

2,850

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.

90.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$51.82M

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

+19.64%

Not enough data

1 years with return on file

Admin fee / account holder

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

$136

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
MERRILL LYNCH PIERCE FENNER & SMITH3+ years Filed as: MERRILL LYNCH Service code 27 · EIN 13-5674085	Advisory (Plan)	$36,300
STRATEGIC ADVISORS, INC.3+ years Service code 27 · EIN 04-2654524	Advisory (Plan)	$18,222
DELOITTE & TOUCHE LLP3+ years Service code 10 · EIN 13-3891517	Accounting	$12,100

Plan features & details

Pension benefit codes2G2J2R2T3B2F

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

Opportunity flags

2 tripped

OpportunityLow employer contribution
Employer contribution per participant 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

$29K

$16 / participant

Investment mgmt$18K63.8%
Other / not subdivided$10K36.2%

% of EOY assets

0.008%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: DELOITTE & TOUCHE, LLP
Auditor EIN: 133891517
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$168,974

$88,874+90.1%

$123,553+36.8%

$75,289+124.4%

Participation rate

73.9%

75.9%-2.0pp

82.3%-8.4pp

72.4%+1.4pp

Annual return

28.77%

4.22%+24.5pp

119.21%-90.4pp

-0.04%+28.8pp

Employer contribution / active EE

$3,256-100.0%

$4,628-100.0%

$2,405-100.0%

Participant deferral / active EE

$10,569

$6,174+71.2%

$6,426+64.5%

$3,739+182.7%

Admin fee / account holder

$13

$95-86.1%

$9,284-99.9%

$102-87.2%

Provider

Service type

Compensation

MERRILL LYNCH PIERCE FENNER & SMITH3+ years

Filed as: MERRILL LYNCH

Service code 27 · EIN 13-5674085

Advisory (Plan)

$36,300

STRATEGIC ADVISORS, INC.3+ years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$18,222

DELOITTE & TOUCHE LLP3+ years

Service code 10 · EIN 13-3891517

Accounting

$12,100

EMPLOYEE SAVINGS PLAN OF WINSTON & STRAWN LLP

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EMPLOYEE SAVINGS PLAN OF WINSTON & STRAWN LLP

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