Retirement plan

LITCHFIELD CAVO LLP 401(K) PLAN

Name: LITCHFIELD CAVO LLP - LITCHFIELD CAVO LLP 401(K) PLAN (2017) Form 5500
Creator: LITCHFIELD CAVO LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LITCHFIELD CAVO LLP 401(K) PLAN, LITCHFIELD CAVO LLP

LITCHFIELD CAVO LLPEIN 36-4255570Plan #001PY 2017

303 WEST MADISON STREET STE 300 - CHICAGO, IL 60606312-781-6677litchfieldcavo.comLinkedIn501-1000 employeeslaw practice

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$56.2M

+25.8% from 2016

Total participants

511

+12.1% from 2016

Average account balance

$109,920

+9.8% from 2016

Annual return

17.60%

+7.81 pp from 2016

Benchmarks

See 2,615 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,615 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$98.49M

Not enough data

1 years with asset history on file

Average account balance

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

$151K

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.

652

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.

99.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$5.78M

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

+14.89%

Not enough data

1 years with return on file

Admin fee / account holder

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

$161

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 1 by compensation

Provider	Service type	Compensation
WITHUMSMITH+BROWN, PC3+ years Filed as: PATTILLO, BROWN & HILL, LLP Service code 15 · EIN 74-1130599	Recordkeeping	$19,640

Plan features & details

Pension benefit codes2E2F2G2J2S2T3B3D

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$20K

$49 / participant

Other / not subdivided$20K100.0%

% of EOY assets

0.035%

all-in expense ratio

Categories reported

0 / 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: BKD, LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$109,920

$155,795-29.4%

$136,297-19.4%

$69,631+57.9%

Participation rate

100.0%

75.2%+24.8pp

81.9%+18.1pp

70.7%+29.3pp

Annual return

17.60%

232464.33%-232446.7pp

5156.19%-5138.6pp

27571.02%-27553.4pp

Employer contribution / active EE

$3,692

$2,991+23.4%

$4,696-21.4%

$2,032+81.7%

Participant deferral / active EE

$8,505

$5,394+57.7%

$6,247+36.1%

$3,224+163.8%

Admin fee / account holder

$38

$128-70.0%

$9,244-99.6%

$110-65.2%

Provider

Service type

Compensation

WITHUMSMITH+BROWN, PC3+ years

Filed as: PATTILLO, BROWN & HILL, LLP

Service code 15 · EIN 74-1130599

Recordkeeping

$19,640

LITCHFIELD CAVO LLP 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LITCHFIELD CAVO LLP 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