Retirement plan

FAEGRE BAKER DANIELS RETIREMENT SAVINGS PLAN

Name: FAEGRE BAKER DANIELS LLP - FAEGRE BAKER DANIELS RETIREMENT SAVINGS PLAN (2016) 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 2016

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)

$547.4M

-4.7% from 2016

Total participants

1,918

+1.1% from 2016

Average account balance

$330,969

-5.3% from 2016

Annual return

7.83%

-6.69 pp from 2016

Benchmarks

See 664 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort664 peers

Snapshot2016

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 20 by compensation

Provider	Service type	Compensation
RBC WEALTH MANAGEMENT2+ years Service code 26 · EIN 41-1416330	Advisory (Participants)	$160,623
CHARLES SCHWAB & CO., INC.2+ years Filed as: CHARLES SCHWAB & CO., INC Service code 15 · EIN 94-1737782	Recordkeeping	$99,466
MORGAN STANLEY SMITH BARNEY2+ years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 15 · EIN 26-4310632	Recordkeeping	$96,168
AB FUNDS2+ years Filed as: ALLIANCE BERNSTEIN Service code 26 · EIN 13-4064930	Advisory (Participants)	$60,855
MERRILL LYNCH PIERCE FENNER & SMITH2+ years Filed as: MERRILL LYNCH Service code 50 · EIN 13-5674085	Direct Payment	$46,516
COOK STREET CONSULTING1 year Service code 26 · EIN 84-0854432	Advisory (Participants)	$30,900
RIVERBRIDGE PARTNERS2+ years Filed as: RIVERBRIDGE PARTNERS LLC Service code 26 · EIN 41-1930193	Advisory (Participants)	$25,585
ALLODIUM INVESTMENT CONSULTANT1 year Service code 26 · EIN 20-2593707	Advisory (Participants)	$17,173
WELLS FARGO BANK, N.A.2+ years Filed as: WELLS FARGO ADVISORS LLC Service code 17 · EIN 34-1542819	Pension Consulting	$16,958
RAYMOND JAMES FINANCIAL SERVICES2+ years Filed as: RAYMOND JAMES & ASSOCIATES Service code 23 · EIN 59-1531281	Direct payment from the plan; Other s...	$15,763

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

$123K

$84 / participant

Other / not subdivided$123K100.0%

% of EOY assets

0.022%

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

$330,969

$85,635+286.5%

$123,894+167.1%

$63,975+417.3%

Participation rate

81.9%

74.9%+7.0pp

81.4%+0.5pp

71.1%+10.8pp

Annual return

7.83%

15.74%-7.9pp

47.52%-39.7pp

48.65%-40.8pp

Employer contribution / active EE

$9,930

$3,076+222.8%

$4,617+115.1%

$2,182+355.1%

Participant deferral / active EE

$8,729

$5,667+54.1%

$5,984+45.9%

$3,356+160.1%

Admin fee / account holder

$74

$75-1.0%

$8,357-99.1%

$70+5.3%

Provider

Service type

Compensation

RBC WEALTH MANAGEMENT2+ years

Service code 26 · EIN 41-1416330

Advisory (Participants)

$160,623

CHARLES SCHWAB & CO., INC.2+ years

Filed as: CHARLES SCHWAB & CO., INC

Service code 15 · EIN 94-1737782

Recordkeeping

$99,466

MORGAN STANLEY SMITH BARNEY2+ years

Filed as: MORGAN STANLEY SMITH BARNEY LLC

Service code 15 · EIN 26-4310632

Recordkeeping

$96,168

AB FUNDS2+ years

Filed as: ALLIANCE BERNSTEIN

Service code 26 · EIN 13-4064930

Advisory (Participants)

$60,855

MERRILL LYNCH PIERCE FENNER & SMITH2+ years

Filed as: MERRILL LYNCH

Service code 50 · EIN 13-5674085

Direct Payment

$46,516

COOK STREET CONSULTING1 year

Service code 26 · EIN 84-0854432

Advisory (Participants)

$30,900

RIVERBRIDGE PARTNERS2+ years

Filed as: RIVERBRIDGE PARTNERS LLC

Service code 26 · EIN 41-1930193

Advisory (Participants)

$25,585

ALLODIUM INVESTMENT CONSULTANT1 year

Service code 26 · EIN 20-2593707

Advisory (Participants)

$17,173

WELLS FARGO BANK, N.A.2+ years

Filed as: WELLS FARGO ADVISORS LLC

Service code 17 · EIN 34-1542819

Pension Consulting

$16,958

RAYMOND JAMES FINANCIAL SERVICES2+ years

Filed as: RAYMOND JAMES & ASSOCIATES

Service code 23 · EIN 59-1531281

Direct payment from the plan; Other s...

$15,763

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