Retirement plan

FAEGRE BAKER DANIELS RETIREMENT SAVINGS PLAN

Name: FAEGRE BAKER DANIELS LLP - FAEGRE BAKER DANIELS RETIREMENT SAVINGS PLAN (2018) 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 2018

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)

$597.1M

-4.7% from 2016

Total participants

1,970

+1.1% from 2016

Average account balance

$346,319

-5.3% from 2016

Annual return

-4.59%

-6.69 pp from 2016

Benchmarks

See 688 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort688 peers

Snapshot2018

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 21 by compensation

Provider	Service type	Compensation
RBC WEALTH MANAGEMENT4+ years Service code 26 · EIN 41-1416330	Advisory (Participants)	$196,084
CHARLES SCHWAB & CO., INC.4+ years Filed as: CHARLES SCHWAB & CO., INC Service code 15 · EIN 94-1737782	Recordkeeping	$190,636
MORGAN STANLEY SMITH BARNEY4+ years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 15 · EIN 26-4310632	Recordkeeping	$71,572
AB FUNDS4+ years Filed as: ALLIANCE BERNSTEIN Service code 26 · EIN 13-4064930	Advisory (Participants)	$50,978
MERRILL LYNCH PIERCE FENNER & SMITH4+ years Filed as: MERRILL LYNCH Service code 50 · EIN 13-5674085	Direct Payment	$45,729
RIVERBRIDGE PARTNERS4+ years Filed as: RIVERBRIDGE PARTNERS LLC Service code 26 · EIN 41-1930193	Advisory (Participants)	$35,364
COMPASS CAPITAL MANAGEMENT INC3 years Filed as: COMPASS CAPITAL MANAGEMENT, INC. Service code 26 · EIN 41-1611668	Advisory (Participants)	$27,621
ALLODIUM INVESTMENT CONSULTANT3 years Service code 26 · EIN 20-2593707	Advisory (Participants)	$26,238
WELLS FARGO BANK, N.A.4+ years Filed as: WELLS FARGO ADVISORS LLC Service code 17 · EIN 34-1542819	Pension Consulting	$20,237
OBERMEYER WOOD INVESTMENT COUN4+ years Filed as: OBERMEYER WOOD INVESTMENT COUNSEL Service code 26 · EIN 47-1971924	Advisory (Participants)	$17,552

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

$207K

$140 / participant

Other / not subdivided$207K100.0%

% of EOY assets

0.035%

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

$346,319

$88,874+289.7%

$123,553+180.3%

$75,289+360.0%

Participation rate

83.4%

75.9%+7.6pp

82.3%+1.1pp

72.4%+11.0pp

Annual return

-4.59%

4.22%-8.8pp

119.21%-123.8pp

-0.04%-4.6pp

Employer contribution / active EE

$11,356

$3,256+248.8%

$4,628+145.4%

$2,405+372.2%

Participant deferral / active EE

$9,268

$6,174+50.1%

$6,426+44.2%

$3,739+147.9%

Admin fee / account holder

$120

$95+27.0%

$9,284-98.7%

$102+17.4%

Provider

Service type

Compensation

RBC WEALTH MANAGEMENT4+ years

Service code 26 · EIN 41-1416330

Advisory (Participants)

$196,084

CHARLES SCHWAB & CO., INC.4+ years

Filed as: CHARLES SCHWAB & CO., INC

Service code 15 · EIN 94-1737782

Recordkeeping

$190,636

MORGAN STANLEY SMITH BARNEY4+ years

Filed as: MORGAN STANLEY SMITH BARNEY LLC

Service code 15 · EIN 26-4310632

Recordkeeping

$71,572

AB FUNDS4+ years

Filed as: ALLIANCE BERNSTEIN

Service code 26 · EIN 13-4064930

Advisory (Participants)

$50,978

MERRILL LYNCH PIERCE FENNER & SMITH4+ years

Filed as: MERRILL LYNCH

Service code 50 · EIN 13-5674085

Direct Payment

$45,729

RIVERBRIDGE PARTNERS4+ years

Filed as: RIVERBRIDGE PARTNERS LLC

Service code 26 · EIN 41-1930193

Advisory (Participants)

$35,364

COMPASS CAPITAL MANAGEMENT INC3 years

Filed as: COMPASS CAPITAL MANAGEMENT, INC.

Service code 26 · EIN 41-1611668

Advisory (Participants)

$27,621

ALLODIUM INVESTMENT CONSULTANT3 years

Service code 26 · EIN 20-2593707

Advisory (Participants)

$26,238

WELLS FARGO BANK, N.A.4+ years

Filed as: WELLS FARGO ADVISORS LLC

Service code 17 · EIN 34-1542819

Pension Consulting

$20,237

OBERMEYER WOOD INVESTMENT COUN4+ years

Filed as: OBERMEYER WOOD INVESTMENT COUNSEL

Service code 26 · EIN 47-1971924

Advisory (Participants)

$17,552

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