Retirement plan

SEYFARTH SHAW LLP RETIREMENT PLAN FOR PARTNERS

Name: SEYFARTH SHAW LLP - SEYFARTH SHAW LLP RETIREMENT PLAN FOR PARTNERS (2016) Form 5500
Creator: SEYFARTH SHAW LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SEYFARTH SHAW LLP RETIREMENT PLAN FOR PARTNERS, SEYFARTH SHAW LLP

SEYFARTH SHAW LLPEIN 36-2152202Plan #002PY 2016

131 S. DEARBORN STREET SUITE 2400 - CHICAGO, IL 60603312-460-6479seyfarth.comLinkedIn1001-5000 employeeslaw practice

Other plans on this EIN

3 filings

#004Retirement-$285.2M assets #007Retirement-$43.5M assets #003Retirement-$16.6M assets

Prospect flagsHigh feesHigh cashHigh assets / participant

How to read this page

Total assets (EOY)

$152.7M

-8.1% from 2016

Total participants

549

-18.0% from 2016

Average account balance

$329,734

-2.4% from 2016

Annual return

7.56%

-8.88 pp from 2016

Benchmarks

See 2,524 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,524 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-94.30%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

Top 10 of 15 by compensation

Provider	Service type	Compensation
CHARLES SCHWAB & CO., INC.2+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES INC Service code 15 · EIN 34-1479833	Recordkeeping	$116,938
HEINZ GLOBAL ASSET MGMT INC2+ years Service code 26 · EIN 45-2510991	Advisory (Participants)	$53,018
RIDGEWORTH2+ years Filed as: GENEVA ADVISORS LLC Service code 26 · EIN 04-3689735	Advisory (Participants)	$28,158
CHARLES SCHWAB & CO., INC.2+ years Service code 33 · EIN 94-1737782	Securities brokerage; Float revenue; ...	$25,280
HUBER FINANCIAL ADVISORS LLC2+ years Service code 26 · EIN 46-2591639	Advisory (Participants)	$20,414
BOSTON HILL ADVISORS LLC2+ years Service code 26 · EIN 20-5369878	Advisory (Participants)	$18,425
BALASA DINVERNO & FOLTZ LLC2+ years Service code 26 · EIN 36-4445980	Advisory (Participants)	$17,445
PDV FINANCIAL MANAGEMENT2+ years Service code 26 · EIN 95-4483578	Advisory (Participants)	$13,864
THOMASPARTNERS INC2+ years Service code 26 · EIN 04-2489016	Advisory (Participants)	$13,235
CLS INVESTMENTS2+ years Filed as: CLS INVESTMENTS LLC Service code 26 · EIN 32-0070947	Advisory (Participants)	$8,881

Plan features & details

Pension benefit codes2A2E2F2G3B3H2R2T

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.
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.
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

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$336K

$731 / participant

Investment mgmt$219K65.2%
Other / not subdivided$117K34.8%

% of EOY assets

0.220%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$329,734

$80,177+311.3%

$123,894+166.1%

$57,661+471.8%

Participation rate

81.3%

74.4%+6.9pp

81.4%-0.1pp

70.2%+11.1pp

Annual return

7.56%

17.90%-10.3pp

47.52%-40.0pp

5.13%+2.4pp

Employer contribution / active EE

$26,313

$2,913+803.4%

$4,617+469.9%

$1,974+1233.1%

Participant deferral / active EE

$5,130-100.0%

$5,984-100.0%

$3,061-100.0%

Admin fee / account holder

$726

$106+583.3%

$8,357-91.3%

$95+668.4%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.2+ years

Filed as: SCHWAB RETIREMENT PLAN SERVICES INC

Service code 15 · EIN 34-1479833

Recordkeeping

$116,938

HEINZ GLOBAL ASSET MGMT INC2+ years

Service code 26 · EIN 45-2510991

Advisory (Participants)

$53,018

RIDGEWORTH2+ years

Filed as: GENEVA ADVISORS LLC

Service code 26 · EIN 04-3689735

Advisory (Participants)

$28,158

CHARLES SCHWAB & CO., INC.2+ years

Service code 33 · EIN 94-1737782

Securities brokerage; Float revenue; ...

$25,280

HUBER FINANCIAL ADVISORS LLC2+ years

Service code 26 · EIN 46-2591639

Advisory (Participants)

$20,414

BOSTON HILL ADVISORS LLC2+ years

Service code 26 · EIN 20-5369878

Advisory (Participants)

$18,425

BALASA DINVERNO & FOLTZ LLC2+ years

Service code 26 · EIN 36-4445980

Advisory (Participants)

$17,445

PDV FINANCIAL MANAGEMENT2+ years

Service code 26 · EIN 95-4483578

Advisory (Participants)

$13,864

THOMASPARTNERS INC2+ years

Service code 26 · EIN 04-2489016

Advisory (Participants)

$13,235

CLS INVESTMENTS2+ years

Filed as: CLS INVESTMENTS LLC

Service code 26 · EIN 32-0070947

Advisory (Participants)

$8,881

SEYFARTH SHAW LLP RETIREMENT PLAN FOR PARTNERS

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SEYFARTH SHAW LLP RETIREMENT PLAN FOR PARTNERS

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