Retirement plan

SEYFARTH SHAW LLP 401(K) SAVINGS AND RETIREMENT PLAN

Name: SEYFARTH SHAW LLP - SEYFARTH SHAW LLP 401(K) SAVINGS AND RETIREMENT PLAN (2015) Form 5500
Creator: SEYFARTH SHAW LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SEYFARTH SHAW LLP 401(K) SAVINGS AND RETIREMENT PLAN, SEYFARTH SHAW LLP

SEYFARTH SHAW LLPEIN 36-2152202Plan #004PY 2015

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

Other plans on this EIN

3 filings

#002Retirement-$140.3M assets #007Retirement-$36.9M assets #003Retirement-$14.9M assets

Prospect flagsFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$272.2M

-4.6% from 2016

Total participants

2,242

-6.2% from 2016

Average account balance

$135,806

+11.2% from 2016

Annual return

0.91%

-8.19 pp from 2016

Benchmarks

See 568 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort568 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$925.92M

Not enough data

1 years with asset history on file

Average account balance

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

$327K

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.

2,831

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.

95.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$52.09M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$30K

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

+13.87%

Not enough data

1 years with return on file

Admin fee / account holder

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

$267

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 10 of 14 by compensation

Provider	Service type	Compensation
CHARLES SCHWAB & CO., INC.1+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES INC Service code 15 · EIN 34-1479833	Recordkeeping	$367,198
TOWER VIEW INVESTMENT1+ years Service code 26 · EIN 39-1964363	Advisory (Participants)	$36,498
GOFEN AND GLOSSBERG LLC1+ years Service code 26 · EIN 36-4143109	Advisory (Participants)	$32,147
HEINZ GLOBAL ASSET MGMT INC1+ years Service code 26 · EIN 45-2510991	Advisory (Participants)	$29,899
CHARLES SCHWAB & CO., INC.1+ years Service code 33 · EIN 94-1737782	Shareholder servicing fees; Direct pa...	$19,863
MIRACLE MILE ADVISORS LLC1+ years Service code 26 · EIN 20-8196553	Advisory (Participants)	$15,896
HUBER FINANCIAL ADVISORS LLC1+ years Service code 26 · EIN 46-2591639	Advisory (Participants)	$14,170
CLS INVESTMENTS1+ years Filed as: CLS INVESTMENTS LLC Service code 26 · EIN 32-0070947	Advisory (Participants)	$9,995
RMB CAPITAL MANAGEMENT LLC1+ years Service code 26 · EIN 59-3792751	Advisory (Participants)	$8,206
THOMASPARTNERS INC1+ years Service code 26 · EIN 04-2489016	Advisory (Participants)	$7,457

Plan features & details

Pension benefit codes2E2F2G2J2R3B2T3H

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.
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

2 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$560K

$335 / participant

Investment mgmt$193K34.4%
Other / not subdivided$367K65.6%

% of EOY assets

0.206%

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

$135,806

$86,791+56.5%

$115,038+18.1%

$59,188+129.4%

Participation rate

85.8%

72.8%+12.9pp

81.4%+4.4pp

69.4%+16.4pp

Annual return

0.91%

4.44%-3.5pp

26.14%-25.2pp

5.51%-4.6pp

Employer contribution / active EE

$2,641

$2,950-10.5%

$4,608-42.7%

$2,098+25.9%

Participant deferral / active EE

$8,752

$5,298+65.2%

$6,026+45.2%

$3,265+168.1%

Admin fee / account holder

$279

$95+194.4%

$8,175-96.6%

$92+203.0%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.1+ years

Filed as: SCHWAB RETIREMENT PLAN SERVICES INC

Service code 15 · EIN 34-1479833

Recordkeeping

$367,198

TOWER VIEW INVESTMENT1+ years

Service code 26 · EIN 39-1964363

Advisory (Participants)

$36,498

GOFEN AND GLOSSBERG LLC1+ years

Service code 26 · EIN 36-4143109

Advisory (Participants)

$32,147

HEINZ GLOBAL ASSET MGMT INC1+ years

Service code 26 · EIN 45-2510991

Advisory (Participants)

$29,899

CHARLES SCHWAB & CO., INC.1+ years

Service code 33 · EIN 94-1737782

Shareholder servicing fees; Direct pa...

$19,863

MIRACLE MILE ADVISORS LLC1+ years

Service code 26 · EIN 20-8196553

Advisory (Participants)

$15,896

HUBER FINANCIAL ADVISORS LLC1+ years

Service code 26 · EIN 46-2591639

Advisory (Participants)

$14,170

CLS INVESTMENTS1+ years

Filed as: CLS INVESTMENTS LLC

Service code 26 · EIN 32-0070947

Advisory (Participants)

$9,995

RMB CAPITAL MANAGEMENT LLC1+ years

Service code 26 · EIN 59-3792751

Advisory (Participants)

$8,206

THOMASPARTNERS INC1+ years

Service code 26 · EIN 04-2489016

Advisory (Participants)

$7,457

SEYFARTH SHAW LLP 401(K) SAVINGS AND RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SEYFARTH SHAW LLP 401(K) SAVINGS AND RETIREMENT 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