Retirement plan

CASSIDAY SCHADE PROFIT SHARING PLAN AND TRUST

Name: CASSIDAY SCHADE LLP - CASSIDAY SCHADE PROFIT SHARING PLAN AND TRUST (2016) Form 5500
Creator: CASSIDAY SCHADE LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CASSIDAY SCHADE PROFIT SHARING PLAN AND TRUST, CASSIDAY SCHADE LLP

CASSIDAY SCHADE LLPEIN 36-3041539Plan #001PY 2016

20 NORTH WACKER DRIVE, SUITE 1000 - CHICAGO, IL 60606312-641-3100cassiday.comLinkedIn51-200 employeeslaw practice

Prospect flagsLow returnsHigh cashHigh assets / participant

How to read this page

Total assets (EOY)

$54.2M

+3.0% from 2015

Total participants

225

+0.9% from 2015

Average account balance

$259,249

+1.0% from 2015

Annual return

5.39%

+3.87 pp from 2015

Benchmarks

See 5,032 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,032 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$55.40M

Not enough data

1 years with asset history on file

Average account balance

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

$239K

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.

232

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.

87.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.28M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

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

+27.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$27

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 3 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL2+ years Filed as: FIDELITY INV INST OPS CO., INC. Service code 37 · EIN 04-2647786	Loan Processing	$6,844
FIDELITY INVESTMENTS INSTITUTIONAL1 year Filed as: FIDELITY INV INST OPS CO., INC Service code 60	Sub-TA Fees	$0
FIDELITY INVESTMENTS INSTITUTIONAL2+ years Filed as: FIDELITY INV INST OPS CO.,INC. Service code 60	Sub-TA Fees	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2R2T3B

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.
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.

Opportunity flags

3 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
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

$5K

$38 / participant

Contract admin$2625.2%
Other / not subdivided$5K94.8%

% of EOY assets

0.009%

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: CRAY, KAISER LTD
Auditor EIN: 362746886
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$259,249

$75,183+244.8%

$123,894+109.3%

$55,167+369.9%

Participation rate

87.9%

72.8%+15.1pp

81.4%+6.5pp

69.0%+18.9pp

Annual return

5.39%

19.01%-13.6pp

47.52%-42.1pp

169.23%-163.8pp

Employer contribution / active EE

$8,780

$2,823+211.0%

$4,617+90.2%

$1,963+347.4%

Participant deferral / active EE

$8,089

$5,084+59.1%

$5,984+35.2%

$3,054+164.8%

Admin fee / account holder

$24

$663-96.3%

$8,357-99.7%

$504-95.2%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL2+ years

Filed as: FIDELITY INV INST OPS CO., INC.

Service code 37 · EIN 04-2647786

Loan Processing

$6,844

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Filed as: FIDELITY INV INST OPS CO., INC

Service code 60

Sub-TA Fees

FIDELITY INVESTMENTS INSTITUTIONAL2+ years

Filed as: FIDELITY INV INST OPS CO.,INC.

Service code 60

Sub-TA Fees

CASSIDAY SCHADE PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CASSIDAY SCHADE PROFIT SHARING PLAN AND TRUST

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