Retirement plan

SIDLEY AUSTIN LLP RETIREMENT PLAN FOR PARTNERS

Name: SIDLEY AUSTIN LLP - SIDLEY AUSTIN LLP RETIREMENT PLAN FOR PARTNERS (2016) Form 5500
Creator: SIDLEY AUSTIN LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SIDLEY AUSTIN LLP RETIREMENT PLAN FOR PARTNERS, SIDLEY AUSTIN LLP

SIDLEY AUSTIN LLPEIN 36-4474078Plan #004PY 2016

ONE SOUTH DEARBORN - CHICAGO, IL 60603312-853-7000sidley.comLinkedIn1001-5000 employeeslaw practice

Other plans on this EIN

4 filings

#100Retirement-$844.3M assets #105Retirement-$519.7M assets #001Retirement-$195.1M assets #101Retirement-$148.5M assets

Prospect flagsLow returnsHigh assets / participant

Top hat statement on fileNQDC

Filed February 7, 2020

Plan administrator

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One South Dearborn

Chicago, IL 60603

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Plans declared (1)

Deferred Compensation Agreement1 emp

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Total assets (EOY)

$414.3M

+2.8% from 2016

Total participants

952

-0.9% from 2016

Average account balance

$435,183

+3.9% from 2016

Annual return

5.92%

-6.09 pp from 2016

Benchmarks

See 2,524 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,524 peers

Snapshot2016

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Analytics

Total assets (EOY)

Plan-year ending balance

$434.93M

Not enough data

1 years with asset history on file

Average account balance

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

$453K

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.

960

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.

99.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$14.10M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$25K

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

+15.47%

Not enough data

1 years with return on file

Admin fee / account holder

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

$166

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

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Service providers

Top 7 by compensation

Provider	Service type	Compensation
RIDGEWORTH2+ years Filed as: GENEVA ADVISORS LLC Service code 26 · EIN 04-3689735	Advisory (Participants)	$256,300
CHARLES SCHWAB & CO., INC.2+ years Service code 33 · EIN 94-1737782	Other investment fees and expenses; F...	$42,878
WILLIAM BLAIR2+ years Filed as: WILLIAM BLAIR INVESTMENT MANAGEMENT Service code 26 · EIN 47-2614791	Advisory (Participants)	$31,321
BAIRD FUNDS2+ years Filed as: ROBERT W. BAIRD & CO., INC. Service code 28 · EIN 39-6037917	Investment Management	$27,538
BALASA DINVERNO & FOLTZ LLC2+ years Service code 26 · EIN 36-4445980	Advisory (Participants)	$25,254
AT INVESTMENT ADVISERS INC2+ years Filed as: AT INVESTMENT ADVISERS INC. Service code 26 · EIN 20-0822261	Advisory (Participants)	$13,494
RAPPAPORT REICHES CAPITAL MGMT2+ years Service code 26 · EIN 20-3327943	Advisory (Participants)	$9,530

Reportable transactions (Schedule G)

2 rows

Counterparties on defaulted loans (Part 1), defaulted leases (Part 2), and non-exempt prohibited transactions (Part 3). Presence of any row warrants fiduciary review.

Category	Counterparty	Relationship / Terms	Address	Amount
Part 1 Loan in default	Counterparty name	Party in interest Five-year promissory note	1234 Example Ave City, ST 00000	$XXX,XXX
Part 1 Loan in default	Counterparty name	Party in interest Five-year promissory note	1234 Example Ave City, ST 00000	$XXX,XXX

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Plan features & details

Pension benefit codes2A2E2F2G2R2T3B3F3H

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.
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.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$27K

$44 / participant

Investment mgmt$3391.2%
Contract admin$27K98.8%

% of EOY assets

0.007%

all-in expense ratio

Categories reported

2 / 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: KPMG LLP
Auditor EIN: 135565207
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$435,183

$80,177+442.8%

$123,894+251.3%

$57,661+654.7%

Participation rate

100.0%

74.4%+25.6pp

81.4%+18.6pp

70.2%+29.8pp

Annual return

5.92%

17.90%-12.0pp

47.52%-41.6pp

5.13%+0.8pp

Employer contribution / active EE

$18,436

$2,913+533.0%

$4,617+299.3%

$1,974+834.0%

Participant deferral / active EE

$5,130-100.0%

$5,984-100.0%

$3,061-100.0%

Admin fee / account holder

$29

$106-72.9%

$8,357-99.7%

$95-69.5%

Provider

Service type

Compensation

RIDGEWORTH2+ years

Filed as: GENEVA ADVISORS LLC

Service code 26 · EIN 04-3689735

Advisory (Participants)

$256,300

CHARLES SCHWAB & CO., INC.2+ years

Service code 33 · EIN 94-1737782

Other investment fees and expenses; F...

$42,878

WILLIAM BLAIR2+ years

Filed as: WILLIAM BLAIR INVESTMENT MANAGEMENT

Service code 26 · EIN 47-2614791

Advisory (Participants)

$31,321

BAIRD FUNDS2+ years

Filed as: ROBERT W. BAIRD & CO., INC.

Service code 28 · EIN 39-6037917

Investment Management

$27,538

BALASA DINVERNO & FOLTZ LLC2+ years

Service code 26 · EIN 36-4445980

Advisory (Participants)

$25,254

AT INVESTMENT ADVISERS INC2+ years

Filed as: AT INVESTMENT ADVISERS INC.

Service code 26 · EIN 20-0822261

Advisory (Participants)

$13,494

RAPPAPORT REICHES CAPITAL MGMT2+ years

Service code 26 · EIN 20-3327943

Advisory (Participants)

$9,530

SIDLEY AUSTIN LLP RETIREMENT PLAN FOR PARTNERS

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Reportable transactions (Schedule G)

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SIDLEY AUSTIN LLP RETIREMENT PLAN FOR PARTNERS

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Reportable transactions (Schedule G)

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