Retirement plan

FAEGRE BAKER DANIELS RETIREMENT SAVINGS PLAN

Name: FAEGRE BAKER DANIELS LLP - FAEGRE BAKER DANIELS RETIREMENT SAVINGS PLAN (2017) 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 2017

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

Prospect flagsLow returnsHigh assets / participant

How to read this page

Total assets (EOY)

$630.5M

-4.7% from 2016

Total participants

1,916

+1.1% from 2016

Average account balance

$375,066

-5.3% from 2016

Annual return

16.07%

-6.69 pp from 2016

Benchmarks

See 662 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort662 peers

Snapshot2017

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 19 by compensation

Provider	Service type	Compensation
RBC WEALTH MANAGEMENT3+ years Service code 26 · EIN 41-1416330	Advisory (Participants)	$170,778
CHARLES SCHWAB & CO., INC.3+ years Filed as: CHARLES SCHWAB & CO., INC Service code 15 · EIN 94-1737782	Recordkeeping	$125,037
MORGAN STANLEY SMITH BARNEY3+ years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 15 · EIN 26-4310632	Recordkeeping	$92,721
AB FUNDS3+ years Filed as: ALLIANCE BERNSTEIN Service code 26 · EIN 13-4064930	Advisory (Participants)	$59,740
MERRILL LYNCH PIERCE FENNER & SMITH3+ years Filed as: MERRILL LYNCH Service code 50 · EIN 13-5674085	Direct Payment	$43,740
RIVERBRIDGE PARTNERS3+ years Filed as: RIVERBRIDGE PARTNERS LLC Service code 26 · EIN 41-1930193	Advisory (Participants)	$28,934
ALLODIUM INVESTMENT CONSULTANT2 years Service code 26 · EIN 20-2593707	Advisory (Participants)	$25,783
WELLS FARGO BANK, N.A.3+ years Filed as: WELLS FARGO ADVISORS LLC Service code 17 · EIN 34-1542819	Pension Consulting	$19,415
COMPASS CAPITAL MANAGEMENT INC2 years Filed as: COMPASS CAPITAL MANAGEMENT, INC. Service code 26 · EIN 41-1611668	Advisory (Participants)	$16,354
OBERMEYER WOOD INVESTMENT COUN3+ years Filed as: OBERMEYER WOOD INVESTMENT COUNSEL Service code 26 · EIN 47-1971924	Advisory (Participants)	$16,124

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

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

$118K

$82 / participant

Other / not subdivided$118K100.0%

% of EOY assets

0.019%

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

$375,066

$96,458+288.8%

$136,298+175.2%

$77,958+381.1%

Participation rate

83.7%

75.4%+8.3pp

81.9%+1.8pp

71.6%+12.1pp

Annual return

16.07%

23.78%-7.7pp

5156.27%-5140.2pp

20.87%-4.8pp

Employer contribution / active EE

$11,383

$3,144+262.1%

$4,696+142.4%

$2,310+392.7%

Participant deferral / active EE

$8,959

$5,902+51.8%

$6,247+43.4%

$3,537+153.3%

Admin fee / account holder

$70

$80-12.5%

$9,244-99.2%

$97-27.7%

Provider

Service type

Compensation

RBC WEALTH MANAGEMENT3+ years

Service code 26 · EIN 41-1416330

Advisory (Participants)

$170,778

CHARLES SCHWAB & CO., INC.3+ years

Filed as: CHARLES SCHWAB & CO., INC

Service code 15 · EIN 94-1737782

Recordkeeping

$125,037

MORGAN STANLEY SMITH BARNEY3+ years

Filed as: MORGAN STANLEY SMITH BARNEY LLC

Service code 15 · EIN 26-4310632

Recordkeeping

$92,721

AB FUNDS3+ years

Filed as: ALLIANCE BERNSTEIN

Service code 26 · EIN 13-4064930

Advisory (Participants)

$59,740

MERRILL LYNCH PIERCE FENNER & SMITH3+ years

Filed as: MERRILL LYNCH

Service code 50 · EIN 13-5674085

Direct Payment

$43,740

RIVERBRIDGE PARTNERS3+ years

Filed as: RIVERBRIDGE PARTNERS LLC

Service code 26 · EIN 41-1930193

Advisory (Participants)

$28,934

ALLODIUM INVESTMENT CONSULTANT2 years

Service code 26 · EIN 20-2593707

Advisory (Participants)

$25,783

WELLS FARGO BANK, N.A.3+ years

Filed as: WELLS FARGO ADVISORS LLC

Service code 17 · EIN 34-1542819

Pension Consulting

$19,415

COMPASS CAPITAL MANAGEMENT INC2 years

Filed as: COMPASS CAPITAL MANAGEMENT, INC.

Service code 26 · EIN 41-1611668

Advisory (Participants)

$16,354

OBERMEYER WOOD INVESTMENT COUN3+ years

Filed as: OBERMEYER WOOD INVESTMENT COUNSEL

Service code 26 · EIN 47-1971924

Advisory (Participants)

$16,124

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