Retirement plan

NEAL, GERBER & EISENBERG PROFIT SHARING/401(K) PLAN

Name: NEAL, GERBER & EISENBERG LLP - NEAL, GERBER & EISENBERG PROFIT SHARING/401(K) PLAN (2020) Form 5500
Creator: NEAL, GERBER & EISENBERG LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, NEAL, GERBER & EISENBERG PROFIT SHARING/401(K) PLAN, NEAL, GERBER & EISENBERG LLP

NEAL, GERBER & EISENBERG LLPEIN 36-3532950Plan #001PY 2020

TWO NORTH LASALLE STREET - CHICAGO, IL 606023702312-269-8000nge.comLinkedIn201-500 employeeslaw practice

Other plans on this EIN

3 filings

#004Retirement-$19.6M assets #007Retirement-$3.7M assets #006Retirement--

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$158.4M

+15.3% from 2019

Total participants

310

-5.8% from 2019

Average account balance

$512,769

+19.8% from 2019

Annual return

15.70%

-4.95 pp from 2019

Benchmarks

See 5,591 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,591 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$182.92M

Not enough data

1 years with asset history on file

Average account balance

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

$596K

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.

307

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.

96.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$7.23M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$33K

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

+11.67%

Not enough data

1 years with return on file

Admin fee / account holder

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

$541

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 7 by compensation

Provider	Service type	Compensation
AT INVESTMENT ADVISERS INC4 years Service code 26 · EIN 20-0822261	Advisory (Participants)	$39,008
CHARLES SCHWAB & CO., INC.6+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES INC Service code 15 · EIN 34-1479833	Recordkeeping	$38,461
BUCKINGHAM STRATEGIC PARTNERS1 year Filed as: BUCKINGHAM STRATEGIC WEALTH LL Service code 26 · EIN 20-8306720	Advisory (Participants)	$13,535
RAPPAPORT REICHES CAPITAL MGMT4 years Service code 26 · EIN 20-3327943	Advisory (Participants)	$10,873
CHARLES SCHWAB & CO., INC.6+ years Service code 33 · EIN 94-1737782	Other investment fees and expenses; S...	$9,048
BALASA DINVERNO & FOLTZ LLC5 years Service code 26 · EIN 36-4445980	Advisory (Participants)	$8,650
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB & CO. INC. AND AFFIL Service code 59	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2A2E2G2R2J2F3B

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.

Opportunity flags

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$131K

$626 / participant

Investment mgmt$84K63.8%
Other / not subdivided$48K36.2%

% of EOY assets

0.083%

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: PLANTE & MORAN, PLLC
Auditor EIN: 381357951
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$512,769

$99,957+413.0%

$149,730+242.5%

$73,493+597.7%

Participation rate

99.5%

75.7%+23.8pp

82.5%+17.0pp

70.7%+28.8pp

Annual return

15.70%

53.87%-38.2pp

276.70%-261.0pp

28.51%-12.8pp

Employer contribution / active EE

$16,424

$3,191+414.7%

$4,645+253.6%

$2,270+623.5%

Participant deferral / active EE

$9,634

$6,073+58.6%

$6,843+40.8%

$3,740+157.6%

Admin fee / account holder

$425

$551-22.8%

$9,310-95.4%

$513-17.1%

Provider

Service type

Compensation

AT INVESTMENT ADVISERS INC4 years

Service code 26 · EIN 20-0822261

Advisory (Participants)

$39,008

CHARLES SCHWAB & CO., INC.6+ years

Filed as: SCHWAB RETIREMENT PLAN SERVICES INC

Service code 15 · EIN 34-1479833

Recordkeeping

$38,461

BUCKINGHAM STRATEGIC PARTNERS1 year

Filed as: BUCKINGHAM STRATEGIC WEALTH LL

Service code 26 · EIN 20-8306720

Advisory (Participants)

$13,535

RAPPAPORT REICHES CAPITAL MGMT4 years

Service code 26 · EIN 20-3327943

Advisory (Participants)

$10,873

CHARLES SCHWAB & CO., INC.6+ years

Service code 33 · EIN 94-1737782

Other investment fees and expenses; S...

$9,048

BALASA DINVERNO & FOLTZ LLC5 years

Service code 26 · EIN 36-4445980

Advisory (Participants)

$8,650

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB & CO. INC. AND AFFIL

Service code 59

Shareholder Servicing

NEAL, GERBER & EISENBERG PROFIT SHARING/401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

NEAL, GERBER & EISENBERG PROFIT SHARING/401(K) 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