Retirement plan

SPENCER STUART RETIREMENT BENEFITS PLAN

Name: SSI U.S. INC DBA SPENCER STUART - SPENCER STUART RETIREMENT BENEFITS PLAN (2022) Form 5500
Creator: SSI U.S. INC DBA SPENCER STUART
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SPENCER STUART RETIREMENT BENEFITS PLAN, SSI U.S. INC DBA SPENCER STUART

SSI U.S. INC DBA SPENCER STUARTEIN 36-3538416Plan #004PY 2022

353 NORTH CLARK, SUITE 2400 - CHICAGO, IL 60654312-822-0088

Prospect flagsLow returnsHigh assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$387.4M

-14.0% from 2021

Total participants

1,541

+14.7% from 2021

Average account balance

$257,900

-26.4% from 2021

Annual return

-17.23%

-40.19 pp from 2021

Benchmarks

See 900 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort900 peers

Snapshot2022

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$633.13M

Not enough data

1 years with asset history on file

Average account balance

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

$431K

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.

1,470

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.

97.8%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$38.32M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$37K

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

+12.02%

Not enough data

1 years with return on file

Admin fee / account holder

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

$126

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

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Service providers

Top 7 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	$145,862
PEKIN HARDY STRAUSS INC2 years Service code 26 · EIN 36-3667359	Advisory (Participants)	$13,087
CERITY PARTNERS1 year Filed as: CERITY PARTNERS LLC Service code 26 · EIN 27-1180831	Advisory (Participants)	$10,541
BURTON ENRIGHT WELCH4 years Service code 26 · EIN 27-1702630	Advisory (Participants)	$8,263
BUCKINGHAM STRATEGIC PARTNERS2 years Filed as: BUCKINGHAM STRATEGIC WEALTH LL Service code 26 · EIN 20-8306720	Advisory (Participants)	$7,051
CHARLES SCHWAB & CO., INC.7+ years Service code 33 · EIN 94-1737782	Direct payment from the plan; Securit...	$1,567
CHARLES SCHWAB & CO., INC.7+ years Filed as: CHARLES SCHWAB & CO. INC. AND AFFIL Service code 59	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2R2S2T3D

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.
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.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

3 tripped

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

$190K

$160 / participant

Other / not subdivided$190K100.0%

% of EOY assets

0.049%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

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

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$257,900

$95,388+170.4%

$125,339+105.8%

$77,904+231.0%

Participation rate

96.7%

78.6%+18.1pp

82.4%+14.4pp

73.7%+23.0pp

Annual return

-17.23%

116.19%-133.4pp

572.05%-589.3pp

12.21%-29.4pp

Employer contribution / active EE

$14,000

$3,666+281.9%

$4,814+190.8%

$2,848+391.6%

Participant deferral / active EE

$12,458

$7,711+61.6%

$7,446+67.3%

$4,806+159.2%

Admin fee / account holder

$126

$119+6.4%

$10,010-98.7%

$133-4.6%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.6 years

Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC

Service code 15 · EIN 34-1479833

Recordkeeping

$145,862

PEKIN HARDY STRAUSS INC2 years

Service code 26 · EIN 36-3667359

Advisory (Participants)

$13,087

CERITY PARTNERS1 year

Filed as: CERITY PARTNERS LLC

Service code 26 · EIN 27-1180831

Advisory (Participants)

$10,541

BURTON ENRIGHT WELCH4 years

Service code 26 · EIN 27-1702630

Advisory (Participants)

$8,263

BUCKINGHAM STRATEGIC PARTNERS2 years

Filed as: BUCKINGHAM STRATEGIC WEALTH LL

Service code 26 · EIN 20-8306720

Advisory (Participants)

$7,051

CHARLES SCHWAB & CO., INC.7+ years

Service code 33 · EIN 94-1737782

Direct payment from the plan; Securit...

$1,567

CHARLES SCHWAB & CO., INC.7+ years

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

Service code 59

Shareholder Servicing

SPENCER STUART RETIREMENT BENEFITS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SPENCER STUART RETIREMENT BENEFITS 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