Retirement plan

FAEGRE BAKER DANIELS RETIREMENT SAVINGS PLAN

Name: FAEGRE BAKER DANIELS LLP - FAEGRE BAKER DANIELS RETIREMENT SAVINGS PLAN (2015) Form 5500
Creator: FAEGRE BAKER DANIELS LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, FAEGRE BAKER DANIELS RETIREMENT SAVINGS PLAN, FAEGRE BAKER DANIELS LLP

FAEGRE BAKER DANIELS LLPEIN 41-0244008Plan #002PY 2015

2200 WELLS FARGO CENTER, 90 SOUTH 7TH STREET - MINNEAPOLIS, MN 55402612-766-7000

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$521.7M

-4.7% from 2016

Total participants

1,940

+1.1% from 2016

Average account balance

$313,496

-5.3% from 2016

Annual return

1.14%

-6.69 pp from 2016

Benchmarks

See 568 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort568 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$768.21M

Not enough data

1 years with asset history on file

Average account balance

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

$415K

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.

1,850

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.

91.1%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$29.73M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$23K

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

+15.75%

Not enough data

1 years with return on file

Admin fee / account holder

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

$327

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 15 by compensation

Provider	Service type	Compensation
RBC WEALTH MANAGEMENT1+ years Service code 26 · EIN 41-1416330	Advisory (Participants)	$165,575
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCHWAB & CO., INC Service code 15 · EIN 94-1737782	Recordkeeping	$119,767
MORGAN STANLEY SMITH BARNEY1+ years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 15 · EIN 26-4310632	Recordkeeping	$114,673
AB FUNDS1+ years Filed as: ALLIANCE BERNSTEIN Service code 26 · EIN 13-4064930	Advisory (Participants)	$57,385
MERRILL LYNCH PIERCE FENNER & SMITH1+ years Filed as: MERRILL LYNCH Service code 50 · EIN 13-5674085	Direct Payment	$49,292
RIVERBRIDGE PARTNERS1+ years Filed as: RIVERBRIDGE PARTNERS LLC Service code 26 · EIN 41-1930193	Advisory (Participants)	$21,998
WOOD INVESTMENT COUNSEL LLC1+ years Service code 26 · EIN 45-5312692	Advisory (Participants)	$20,219
RAYMOND JAMES FINANCIAL SERVICES1+ years Filed as: RAYMOND JAMES & ASSOCIATES Service code 23 · EIN 59-1531281	Sales loads (front end and deferred);...	$16,651
WELLS FARGO BANK, N.A.1+ years Filed as: WELLS FARGO ADVISORS LLC Service code 17 · EIN 34-1542819	Pension Consulting	$16,606
CETERA ADVISOR NETWORKS LLC1+ years Filed as: CWM LLC Service code 26 · EIN 27-4011107	Advisory (Participants)	$11,520

Plan features & details

Pension benefit codes2E2F2G2J2R2T3B

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.
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.

Opportunity flags

1 tripped

InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$149K

$99 / participant

Other / not subdivided$149K100.0%

% of EOY assets

0.029%

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: RSM US LLP
Auditor EIN: 420714325
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$313,496

$86,791+261.2%

$115,038+172.5%

$59,188+429.7%

Participation rate

81.6%

72.8%+8.8pp

81.4%+0.2pp

69.4%+12.2pp

Annual return

1.14%

4.44%-3.3pp

26.14%-25.0pp

5.51%-4.4pp

Employer contribution / active EE

$10,523

$2,950+256.8%

$4,608+128.4%

$2,098+401.6%

Participant deferral / active EE

$8,609

$5,298+62.5%

$6,026+42.9%

$3,265+163.7%

Admin fee / account holder

$90

$95-5.7%

$8,175-98.9%

$92-2.9%

Provider

Service type

Compensation

RBC WEALTH MANAGEMENT1+ years

Service code 26 · EIN 41-1416330

Advisory (Participants)

$165,575

CHARLES SCHWAB & CO., INC.1+ years

Filed as: CHARLES SCHWAB & CO., INC

Service code 15 · EIN 94-1737782

Recordkeeping

$119,767

MORGAN STANLEY SMITH BARNEY1+ years

Filed as: MORGAN STANLEY SMITH BARNEY LLC

Service code 15 · EIN 26-4310632

Recordkeeping

$114,673

AB FUNDS1+ years

Filed as: ALLIANCE BERNSTEIN

Service code 26 · EIN 13-4064930

Advisory (Participants)

$57,385

MERRILL LYNCH PIERCE FENNER & SMITH1+ years

Filed as: MERRILL LYNCH

Service code 50 · EIN 13-5674085

Direct Payment

$49,292

RIVERBRIDGE PARTNERS1+ years

Filed as: RIVERBRIDGE PARTNERS LLC

Service code 26 · EIN 41-1930193

Advisory (Participants)

$21,998

WOOD INVESTMENT COUNSEL LLC1+ years

Service code 26 · EIN 45-5312692

Advisory (Participants)

$20,219

RAYMOND JAMES FINANCIAL SERVICES1+ years

Filed as: RAYMOND JAMES & ASSOCIATES

Service code 23 · EIN 59-1531281

Sales loads (front end and deferred);...

$16,651

WELLS FARGO BANK, N.A.1+ years

Filed as: WELLS FARGO ADVISORS LLC

Service code 17 · EIN 34-1542819

Pension Consulting

$16,606

CETERA ADVISOR NETWORKS LLC1+ years

Filed as: CWM LLC

Service code 26 · EIN 27-4011107

Advisory (Participants)

$11,520

FAEGRE BAKER DANIELS RETIREMENT SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

FAEGRE BAKER DANIELS RETIREMENT SAVINGS 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