Retirement plan

THOMPSON COBURN LLP 401(K) PROFIT SHARING PLAN

Name: THOMPSON COBURN LLP - THOMPSON COBURN LLP 401(K) PROFIT SHARING PLAN (2024) Form 5500
Creator: THOMPSON COBURN LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THOMPSON COBURN LLP 401(K) PROFIT SHARING PLAN, THOMPSON COBURN LLP

THOMPSON COBURN LLPEIN 43-0666662Plan #002PY 2024

ONE US BANK PLAZA, 31ST FLOOR - ST. LOUIS, MO 63101314-552-6000thompsoncoburn.comLinkedIn501-1000 employeeslaw practice

Prospect flagsLow returnsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$484.3M

-8.6% from 2016

Total participants

1,050

-1.6% from 2016

Average account balance

$461,205

-7.6% from 2016

Annual return

12.79%

-10.09 pp from 2016

Benchmarks

See 3,296 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort3,296 peers

Snapshot2024

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

Analytics

Total assets (EOY)

Plan-year ending balance

$484.26M

Not enough data

1 years with asset history on file

Average account balance

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

$461K

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.

1,050

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$21.63M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$27K

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

+12.79%

Not enough data

1 years with return on file

Admin fee / account holder

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

$556

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 7 by compensation

Provider	Service type	Compensation
AMERICAN UNITED LIFE INSURANCE CO9 years Filed as: ONEAMERICA RETIREMENT SERVICES LLC Service code 15 · EIN 46-5378846	Recordkeeping	$311,701
TD AMERITRADE, INC.4 years Filed as: TD AMERITRADE Service code 28 PO BOX 2226 · OMAHA, NC 68103	Investment Management	$87,732
MONETA GROUP LLC10+ years Filed as: MONETA GROUP INVESTMENT ADVISORS Service code 28 · EIN 20-1903821	Investment Management	$39,961
RUBINBROWN LLP5 years Service code 10 · EIN 43-0765316	Accounting	$31,430
LPL FINANCIAL4 years Service code 28 1401 S BRENTWOOD BLVD · ST. LOUIS, MO 63144	Investment Management	$23,693
NORTHWESTERN MUTUAL INVESTMENT SERV4 years Filed as: NORTHWESTER MUTUAL Service code 28 622 EMERSON ROAD · ST. LOUIS, MO 63141	Investment Management	$11,730
MATRIX TRUST COMPANY4 years Service code 19 · EIN 75-3182674	Securities Custodian	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2R2S2T3B

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
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

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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

$584K

$742 / participant

Recordkeeping$312K53.4%
Investment mgmt$272K46.5%
Other / not subdivided$6490.1%

% of EOY assets

0.121%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: RUBINBROWN LLP
Auditor EIN: 430765316
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$461,205

$106,264+334.0%

$147,117+213.5%

$77,762+493.1%

Participation rate

100.0%

78.4%+21.6pp

82.2%+17.8pp

70.6%+29.4pp

Annual return

12.79%

56.94%-44.1pp

420.54%-407.8pp

31.27%-18.5pp

Employer contribution / active EE

$15,769

$4,074+287.1%

$4,932+219.7%

$2,728+478.0%

Participant deferral / active EE

$11,719

$8,003+46.4%

$8,065+45.3%

$4,651+152.0%

Admin fee / account holder

$556

$334+66.3%

$12,993-95.7%

$433+28.5%

Provider

Service type

Compensation

AMERICAN UNITED LIFE INSURANCE CO9 years

Filed as: ONEAMERICA RETIREMENT SERVICES LLC

Service code 15 · EIN 46-5378846

Recordkeeping

$311,701

TD AMERITRADE, INC.4 years

Filed as: TD AMERITRADE

Service code 28

PO BOX 2226 · OMAHA, NC 68103

Investment Management

$87,732

MONETA GROUP LLC10+ years

Filed as: MONETA GROUP INVESTMENT ADVISORS

Service code 28 · EIN 20-1903821

Investment Management

$39,961

RUBINBROWN LLP5 years

Service code 10 · EIN 43-0765316

Accounting

$31,430

LPL FINANCIAL4 years

Service code 28

1401 S BRENTWOOD BLVD · ST. LOUIS, MO 63144

Investment Management

$23,693

NORTHWESTERN MUTUAL INVESTMENT SERV4 years

Filed as: NORTHWESTER MUTUAL

Service code 28

622 EMERSON ROAD · ST. LOUIS, MO 63141

Investment Management

$11,730

MATRIX TRUST COMPANY4 years

Service code 19 · EIN 75-3182674

Securities Custodian

THOMPSON COBURN LLP 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THOMPSON COBURN LLP 401(K) PROFIT SHARING 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