Retirement plan

CHAPMAN AND CUTLER LLP SALARY DEFERRAL PLAN FOR PARTNERS AND SUPPORT STAFF

Name: CHAPMAN AND CUTLER LLP - CHAPMAN AND CUTLER LLP SALARY DEFERRAL PLAN FOR PARTNERS AND SUPPORT STAFF (2022) Form 5500
Creator: CHAPMAN AND CUTLER LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CHAPMAN AND CUTLER LLP SALARY DEFERRAL PLAN FOR PARTNERS AND SUPPORT STAFF, CHAPMAN AND CUTLER LLP

CHAPMAN AND CUTLER LLPEIN 36-2153731Plan #002PY 2022

320 SOUTH CANAL STREET, 27TH FLOOR - CHICAGO, IL 60606312-845-3000chapman.comLinkedIn201-500 employeeslaw practice

Other plans on this EIN

3 filings

#003Retirement-$178.7M assets #005Retirement-$42.1M assets #019Retirement-$25.7M assets

Prospect flagsFailed to transmit contributions

How to read this page

Total assets (EOY)

$109.6M

-5.0% from 2016

Total participants

480

-1.8% from 2016

Average account balance

$228,264

-3.2% from 2016

Annual return

-14.94%

-9.24 pp from 2016

Benchmarks

See 3,158 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort3,158 peers

Snapshot2022

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

Analytics

Total assets (EOY)

Plan-year ending balance

$135.91M

Not enough data

1 years with asset history on file

Average account balance

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

$266K

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.

510

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.33M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$16K

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

+14.57%

Not enough data

1 years with return on file

Admin fee / account holder

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

$134

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 6 by compensation

Provider	Service type	Compensation
AMERICAN UNITED LIFE INSURANCE CO8+ years Filed as: ONEAMERICA RETIREMENT SERVICES LLC Service code 15 · EIN 46-5378846	Recordkeeping	$27,745
MADISON WEALTH MANAGEMENT6 years Service code 28 · EIN 31-1725548	Investment Management	$13,177
SMEDLEY FINANCIAL SERVICES, INC.1 year Service code 28 420 E SOUTH TEMPLE · SALT LAKE CITY, UT 841111345	Investment Management	$8,068
VERHULST WEALTH MANAGEMENT1 year Service code 28 500 PARK BLVD · ITASCA, IL 60143	Investment Management	$7,813
CBIZ RETIREMENT PLAN SERVICES1 year Filed as: CBIZ PRIVATE WEALTH ADVISORS INC. Service code 28 · EIN 20-0822261	Investment Management	$7,436
MATRIX TRUST COMPANY2 years Filed as: MATRIX TRUST COMPANY NA Service code 19 · EIN 75-3182674	Securities Custodian	$0

Plan features & details

Pension benefit codes2E2F2G2J2R2S2T

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.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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.

Opportunity flags

1 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).

Expense breakdown

Schedule H Part II

Admin total

$65K

$200 / participant

Investment mgmt$38K57.5%
Other / not subdivided$28K42.5%

% of EOY assets

0.060%

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: GRANT THORNTON LLP
Auditor EIN: 366055558
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$228,264

$82,188+177.7%

$125,401+82.0%

$64,829+252.1%

Participation rate

100.0%

77.9%+22.1pp

82.4%+17.6pp

71.5%+28.5pp

Annual return

-14.94%

3.50%-18.4pp

572.53%-587.5pp

32.85%-47.8pp

Employer contribution / active EE

$3,617-100.0%

$4,816-100.0%

$2,507-100.0%

Participant deferral / active EE

$13,801

$7,177+92.3%

$7,448+85.3%

$4,312+220.1%

Admin fee / account holder

$136

$163-16.7%

$10,008-98.6%

$188-27.6%

Provider

Service type

Compensation

AMERICAN UNITED LIFE INSURANCE CO8+ years

Filed as: ONEAMERICA RETIREMENT SERVICES LLC

Service code 15 · EIN 46-5378846

Recordkeeping

$27,745

MADISON WEALTH MANAGEMENT6 years

Service code 28 · EIN 31-1725548

Investment Management

$13,177

SMEDLEY FINANCIAL SERVICES, INC.1 year

Service code 28

420 E SOUTH TEMPLE · SALT LAKE CITY, UT 841111345

Investment Management

$8,068

VERHULST WEALTH MANAGEMENT1 year

Service code 28

500 PARK BLVD · ITASCA, IL 60143

Investment Management

$7,813

CBIZ RETIREMENT PLAN SERVICES1 year

Filed as: CBIZ PRIVATE WEALTH ADVISORS INC.

Service code 28 · EIN 20-0822261

Investment Management

$7,436

MATRIX TRUST COMPANY2 years

Filed as: MATRIX TRUST COMPANY NA

Service code 19 · EIN 75-3182674

Securities Custodian

CHAPMAN AND CUTLER LLP SALARY DEFERRAL PLAN FOR PARTNERS AND SUPPORT STAFF

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CHAPMAN AND CUTLER LLP SALARY DEFERRAL PLAN FOR PARTNERS AND SUPPORT STAFF

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