Retirement plan

BATES CAREY LLP PROFIT SHARING PLAN AND TRUST WITH CASH OR DEFERRED 401 (K) FEATURES

Name: BATESCAREY LLP - BATES CAREY LLP PROFIT SHARING PLAN AND TRUST WITH CASH OR DEFERRED 401 (K) FEATURES (2017) Form 5500
Creator: BATESCAREY LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BATES CAREY LLP PROFIT SHARING PLAN AND TRUST WITH CASH OR DEFERRED 401 (K) FEATURES, BATESCAREY LLP

BATESCAREY LLPEIN 36-4321906Plan #001PY 2017

191 N WACKER DR STE 2400 - CHICAGO, IL 606061615312-762-3100batescarey.comLinkedIn51-200 employeeslaw practice

Prospect flagsHigh assets / participantRecently reached 100 employees

How to read this page

Total assets (EOY)

$31.8M

+17.6% from 2016

Total participants

105

+6.1% from 2016

Average account balance

$306,250

+11.9% from 2016

Annual return

19.07%

+9.11 pp from 2016

Benchmarks

See 25,067 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants25-99

Cohort25,067 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$61.72M

Not enough data

1 years with asset history on file

Average account balance

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

$482K

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.

128

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$2.77M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$29K

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

+13.95%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1098

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 10 of 25 by compensation

Provider	Service type	Compensation
FIRST HEARTLAND CONSULTANTS, INC.1 year Filed as: FIRST HEARTLAND CONSULTANTS INC. Service code 27	Advisory (Plan)	$30,000
MASSACHUSETTS MUTUAL LIFE INS. CO.2 years Filed as: MASSACHUSETTS MUTUAL LIFE INS CO. Service code 52 · EIN 04-1590850	Indirect Investment Fees	$24,810
BENEFIT SERVICES GROUP, INC.3+ years Service code 13	Contract Administrator	$14,590
FIRST HEARTLAND CONSULTANTS, INC.1 year Filed as: FIRST HEARTLAND CONSULTANTS Service code 27 · EIN 43-1635589	Advisory (Plan)	$3,668
PGIM INVESTMENTS1 year Service code 52	Indirect Investment Fees	$60
AMERICAN FUNDS1 year Service code 52	Indirect Investment Fees	$0
BARRON1 year Service code 52	Indirect Investment Fees	$0
BENEFIT SERVICES GROUP, INC.3+ years Filed as: BENEFIT SERVICES GROUP, INC Service code 13 · EIN 36-4275117	Contract Administrator	$0
BLACKROCK1 year Service code 52	Indirect Investment Fees	$0
COLUMBIA1 year Service code 52	Indirect Investment Fees	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2S2T3B

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.
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.

Opportunity flags

2 tripped

InformationalRecently reached 100 employees
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$28K

$380 / participant

Other / not subdivided$28K100.0%

% of EOY assets

0.089%

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

$306,250

$85,766+257.1%

$136,298+124.7%

$70,126+336.7%

Participation rate

98.7%

74.2%+24.5pp

81.9%+16.7pp

69.5%+29.1pp

Annual return

19.07%

31.46%-12.4pp

5156.27%-5137.2pp

73.15%-54.1pp

Employer contribution / active EE

$12,878

$2,966+334.2%

$4,696+174.3%

$2,343+449.8%

Participant deferral / active EE

$9,254

$5,051+83.2%

$6,247+48.1%

$3,332+177.8%

Admin fee / account holder

$274

$5,421-94.9%

$9,244-97.0%

$4,645-94.1%

Provider

Service type

Compensation

FIRST HEARTLAND CONSULTANTS, INC.1 year

Filed as: FIRST HEARTLAND CONSULTANTS INC.

Service code 27

Advisory (Plan)

$30,000

MASSACHUSETTS MUTUAL LIFE INS. CO.2 years

Filed as: MASSACHUSETTS MUTUAL LIFE INS CO.

Service code 52 · EIN 04-1590850

Indirect Investment Fees

$24,810

BENEFIT SERVICES GROUP, INC.3+ years

Service code 13

Contract Administrator

$14,590

FIRST HEARTLAND CONSULTANTS, INC.1 year

Filed as: FIRST HEARTLAND CONSULTANTS

Service code 27 · EIN 43-1635589

Advisory (Plan)

$3,668

PGIM INVESTMENTS1 year

Service code 52

Indirect Investment Fees

$60

AMERICAN FUNDS1 year

Service code 52

Indirect Investment Fees

BARRON1 year

Service code 52

Indirect Investment Fees

BENEFIT SERVICES GROUP, INC.3+ years

Filed as: BENEFIT SERVICES GROUP, INC

Service code 13 · EIN 36-4275117

Contract Administrator

BLACKROCK1 year

Service code 52

Indirect Investment Fees

COLUMBIA1 year

Service code 52

Indirect Investment Fees

BATES CAREY LLP PROFIT SHARING PLAN AND TRUST WITH CASH OR DEFERRED 401 (K) FEATURES

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BATES CAREY LLP PROFIT SHARING PLAN AND TRUST WITH CASH OR DEFERRED 401 (K) FEATURES

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