Retirement plan

SEYFARTH SHAW LLP 401(K) SAVINGS AND RETIREMENT PLAN

Name: SEYFARTH SHAW LLP - SEYFARTH SHAW LLP 401(K) SAVINGS AND RETIREMENT PLAN (2020) 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 2020

233 S. WACKER DR., SUITE 8000 - CHICAGO, IL 60606312-460-6456seyfarth.comLinkedIn1001-5000 employeeslaw practice

Other plans on this EIN

2 filings

#003Retirement-$18.3M assets #007Retirement-$1.7M assets

Prospect flagsHigh assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$695.1M

-4.6% from 2016

Total participants

2,659

-6.2% from 2016

Average account balance

$265,021

+11.2% from 2016

Annual return

18.36%

-8.19 pp from 2016

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

$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.6+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES INC Service code 15 · EIN 34-1479833	Recordkeeping	$716,520
GOFEN AND GLOSSBERG LLC6+ years Service code 26 · EIN 36-4143109	Advisory (Participants)	$42,379
HEINZ GLOBAL ASSET MGMT INC6+ years Service code 26 · EIN 45-2510991	Advisory (Participants)	$25,916
MORNINGSTAR2 years Filed as: MORNINGSTAR INVESTMENT SERVICE Service code 26 · EIN 36-3297908	Advisory (Participants)	$17,925
RMB CAPITAL MANAGEMENT LLC6+ years Service code 26 · EIN 59-3792751	Advisory (Participants)	$13,732
BRINKER CAPITAL1 year Filed as: BRINKER CAPITAL INVESTMENTS LL Service code 26 · EIN 32-0070947	Advisory (Participants)	$8,593
SIGNATURE ESTATE & INVESTMENT3 years Filed as: SIGNATURE INVESTMENT ADVISORS Service code 26 · EIN 45-3791510	Advisory (Participants)	$7,342
JP MORGAN INVESTMENT MANAGEMENT INC2 years Filed as: MACROVIEW INVESTMENT Service code 26 · EIN 26-4133685	Advisory (Participants)	$6,680
JP MORGAN INVESTMENT MANAGEMENT INC5 years Filed as: OLD WEST INVESTMENT MANAGEMENT Service code 26 · EIN 26-3225052	Advisory (Participants)	$6,176
SAVANT CAPITAL MANAGEMENT1 year Filed as: SAVANT CAPITAL LLC Service code 26 · EIN 36-3859937	Advisory (Participants)	$5,933

Plan features & details

Pension benefit codes2E2F2G2J2R2T3B3H

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

ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$700K

$384 / participant

Other / not subdivided$700K100.0%

% of EOY assets

0.101%

all-in expense ratio

Categories reported

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$265,021

$127,481+107.9%

$149,751+77.0%

$90,274+193.6%

Participation rate

98.0%

78.2%+19.8pp

82.5%+15.5pp

73.4%+24.7pp

Annual return

18.36%

57.78%-39.4pp

276.71%-258.3pp

53.97%-35.6pp

Employer contribution / active EE

$10,538

$3,448+205.6%

$4,646+126.8%

$2,523+317.6%

Participant deferral / active EE

$11,939

$6,975+71.2%

$6,843+74.5%

$4,231+182.2%

Admin fee / account holder

$267

$152+76.0%

$9,312-97.1%

$114+134.1%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.6+ years

Filed as: SCHWAB RETIREMENT PLAN SERVICES INC

Service code 15 · EIN 34-1479833

Recordkeeping

$716,520

GOFEN AND GLOSSBERG LLC6+ years

Service code 26 · EIN 36-4143109

Advisory (Participants)

$42,379

HEINZ GLOBAL ASSET MGMT INC6+ years

Service code 26 · EIN 45-2510991

Advisory (Participants)

$25,916

MORNINGSTAR2 years

Filed as: MORNINGSTAR INVESTMENT SERVICE

Service code 26 · EIN 36-3297908

Advisory (Participants)

$17,925

RMB CAPITAL MANAGEMENT LLC6+ years

Service code 26 · EIN 59-3792751

Advisory (Participants)

$13,732

BRINKER CAPITAL1 year

Filed as: BRINKER CAPITAL INVESTMENTS LL

Service code 26 · EIN 32-0070947

Advisory (Participants)

$8,593

SIGNATURE ESTATE & INVESTMENT3 years

Filed as: SIGNATURE INVESTMENT ADVISORS

Service code 26 · EIN 45-3791510

Advisory (Participants)

$7,342

JP MORGAN INVESTMENT MANAGEMENT INC2 years

Filed as: MACROVIEW INVESTMENT

Service code 26 · EIN 26-4133685

Advisory (Participants)

$6,680

JP MORGAN INVESTMENT MANAGEMENT INC5 years

Filed as: OLD WEST INVESTMENT MANAGEMENT

Service code 26 · EIN 26-3225052

Advisory (Participants)

$6,176

SAVANT CAPITAL MANAGEMENT1 year

Filed as: SAVANT CAPITAL LLC

Service code 26 · EIN 36-3859937

Advisory (Participants)

$5,933

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