Retirement plan

JENNER & BLOCK PROFIT SHARING PLAN - #201

Name: JENNER & BLOCK LLP - JENNER & BLOCK PROFIT SHARING PLAN - #201 (2023) Form 5500
Creator: JENNER & BLOCK LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JENNER & BLOCK PROFIT SHARING PLAN - #201, JENNER & BLOCK LLP

JENNER & BLOCK LLPEIN 36-2192554Plan #201PY 2023

353 N. CLARK STREET - CHICAGO, IL 606544704312-222-9350jenner.comLinkedIn501-1000 employeeslaw practice

Other plans on this EIN

2 filings

#002Retirement-$99.0M assets #001Retirement-$78.2M assets

Prospect flagsHigh assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$541M

-4.2% from 2016

Total participants

1,635

-0.5% from 2016

Average account balance

$349,256

No prior year

Annual return

22.21%

-5.57 pp from 2016

Benchmarks

See 292 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Cohort292 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$624.73M

Not enough data

1 years with asset history on file

Average account balance

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

$393K

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.

1,590

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.

93.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$26.47M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$27K

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

+18.33%

Not enough data

1 years with return on file

Admin fee / account holder

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

$70

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 5 by compensation

Provider	Service type	Compensation
STRATEGIC ADVISORS, INC.5 years Service code 27 · EIN 04-2654524	Advisory (Plan)	$64,303
FIDELITY INVESTMENTS INSTITUTIONAL2 years Filed as: FIDELITY INVESTMENT INST OPS. Service code 37 · EIN 04-2647786	Loan Processing	$55,611
FORVIS, LLP1 year Filed as: FORVIS MAZARS Service code 10 · EIN 44-0160260	Accounting	$12,700
OCTOBER THREE CONSULTING LLC7 years Filed as: OCTOBER THREE CONSULTING Service code 10 · EIN 27-1175487	Accounting	$9,100
FIDELITY INVESTMENTS INSTITUTIONAL5 years Service code 60	Sub-TA Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2T3B

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

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

$141K

$141 / participant

Recordkeeping$55K38.8%
Investment mgmt$64K45.7%
Actuarial$9K6.5%
Other / not subdivided$13K9.0%

% of EOY assets

0.026%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FORVIS MAZARS, LLP
Auditor EIN: 440160260
Audit fees: $12,700
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$349,256

$162,322+115.2%

$135,998+156.8%

Participation rate

91.4%

71.5%+19.9pp

81.9%+9.5pp

Annual return

22.21%

16.03%+6.2pp

68.37%-46.2pp

Employer contribution / active EE

$11,786

$3,400+246.7%

$4,860+142.5%

Participant deferral / active EE

$13,107

$5,722+129.1%

$7,761+68.9%

Admin fee / account holder

$91

$23,877-99.6%

$10,769-99.2%

Provider

Service type

Compensation

STRATEGIC ADVISORS, INC.5 years

Service code 27 · EIN 04-2654524

Advisory (Plan)

$64,303

FIDELITY INVESTMENTS INSTITUTIONAL2 years

Filed as: FIDELITY INVESTMENT INST OPS.

Service code 37 · EIN 04-2647786

Loan Processing

$55,611

FORVIS, LLP1 year

Filed as: FORVIS MAZARS

Service code 10 · EIN 44-0160260

Accounting

$12,700

OCTOBER THREE CONSULTING LLC7 years

Filed as: OCTOBER THREE CONSULTING

Service code 10 · EIN 27-1175487

Accounting

$9,100

FIDELITY INVESTMENTS INSTITUTIONAL5 years

Service code 60

Sub-TA Fees

JENNER & BLOCK PROFIT SHARING PLAN - #201

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JENNER & BLOCK PROFIT SHARING PLAN - #201

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