Retirement plan

EMPLOYEE SAVINGS PLAN OF WINSTON & STRAWN LLP

Name: WINSTON & STRAWN LLP - EMPLOYEE SAVINGS PLAN OF WINSTON & STRAWN LLP (2020) 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 2020

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

Other plans on this EIN

2 filings

#001Retirement-$411.5M assets #004Retirement-$41.7M assets

Prospect flagsLow employer contributionCorrective distributions

How to read this page

Total assets (EOY)

$454.2M

-12.7% from 2017

Total participants

2,756

+1.7% from 2017

Average account balance

$195,525

-13.1% from 2017

Annual return

16.69%

-19.72 pp from 2017

Benchmarks

See 755 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort755 peers

Snapshot2020

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
STRATEGIC ADVISORS, INC.5+ years Service code 27 · EIN 04-2654524	Advisory (Plan)	$40,740
MERRILL LYNCH PIERCE FENNER & SMITH5+ years Filed as: MERRILL LYNCH Service code 27 · EIN 13-5674085	Advisory (Plan)	$39,947
DELOITTE & TOUCHE LLP5+ years Service code 10 · EIN 13-3891517	Accounting	$13,316

Plan features & details

Pension benefit codes2F2G2J2R2T3B

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

$52K

$29 / participant

Investment mgmt$41K78.4%
Other / not subdivided$11K21.6%

% of EOY assets

0.011%

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

$195,525

$127,481+53.4%

$149,751+30.6%

$90,274+116.6%

Participation rate

75.6%

78.2%-2.6pp

82.5%-6.9pp

73.4%+2.3pp

Annual return

16.69%

57.78%-41.1pp

276.71%-260.0pp

53.97%-37.3pp

Employer contribution / active EE

$3,448-100.0%

$4,646-100.0%

$2,523-100.0%

Participant deferral / active EE

$11,052

$6,975+58.4%

$6,843+61.5%

$4,231+161.2%

Admin fee / account holder

$22

$152-85.2%

$9,312-99.8%

$114-80.4%

Provider

Service type

Compensation

STRATEGIC ADVISORS, INC.5+ years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$40,740

MERRILL LYNCH PIERCE FENNER & SMITH5+ years

Filed as: MERRILL LYNCH

Service code 27 · EIN 13-5674085

Advisory (Plan)

$39,947

DELOITTE & TOUCHE LLP5+ years

Service code 10 · EIN 13-3891517

Accounting

$13,316

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