Retirement plan

LEWIS RICE PROFIT SHARING PLAN

Name: LR-STL, LLC - LEWIS RICE PROFIT SHARING PLAN (2023) Form 5500
Creator: LR-STL, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, LEWIS RICE PROFIT SHARING PLAN, LR-STL, LLC

LR-STL, LLCEIN 43-0680427Plan #001PY 2023

600 WASHINGTON AVENUE, SUITE 2500 - ST. LOUIS, MO 63101314-444-1313

Prospect flagsLow returnsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$110.1M

-9.4% from 2022

Total participants

260

+1.6% from 2022

Average account balance

$438,474

-9.7% from 2022

Annual return

-6.41%

-18.49 pp from 2022

Benchmarks

See 6,231 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort6,231 peers

Snapshot2023

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

Analytics

Total assets (EOY)

Plan-year ending balance

$143.94M

Not enough data

1 years with asset history on file

Average account balance

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

$564K

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.

255

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.

90.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$6.44M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$30K

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

+15.52%

Not enough data

1 years with return on file

Admin fee / account holder

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

$402

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

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Service providers

Top 4 by compensation

Provider	Service type	Compensation
MERRILL LYNCH PIERCE FENNER & SMITH5+ years Filed as: MERRILL LYNCH,PIERCE,FENNER & SMITH Service code 15 · EIN 13-5674085 4 WORLD FINANCIAL CENTER · NEW YORK, NY 10281	Recordkeeping	$68,583
PARKSIDE FINANCIAL BANK AND TRUST4 years Service code 10 8112 MARYLAND AVENUE · CLAYTON, MO 63105	Accounting	$12,531
CUTTER & COMPANY, INC5+ years Filed as: CUTTER & COMPANY Service code 10 15415 CLAYTON AVENUE · BALLWIN, MO 63011	Accounting	$1,753
PLAN DESIGN CONSULTANTS, INC.3 years Filed as: PLAN CORP Service code 17 540 MARYVILLE CENTRE · ST. LOUIS, MO 63141	Pension Consulting	$0

Plan features & details

Pension benefit codes2A2E2G2J2R3B3H

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
2E
Profit-sharing
Profit-sharing plan.
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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

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

$84K

$421 / participant

Investment mgmt$69K81.9%
Other / not subdivided$15K18.1%

% of EOY assets

0.076%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FORVIS LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$438,474

$91,439+379.5%

$135,974+222.5%

$71,511+513.2%

Participation rate

95.5%

75.7%+19.8pp

81.9%+13.6pp

67.9%+27.5pp

Annual return

-6.41%

29.90%-36.3pp

68.30%-74.7pp

28.86%-35.3pp

Employer contribution / active EE

$16,265

$3,705+339.0%

$4,859+234.7%

$2,589+528.2%

Participant deferral / active EE

$12,963

$7,093+82.8%

$7,760+67.0%

$4,291+202.1%

Admin fee / account holder

$333

$1,267-73.7%

$10,767-96.9%

$1,588-79.0%

Provider

Service type

Compensation

MERRILL LYNCH PIERCE FENNER & SMITH5+ years

Filed as: MERRILL LYNCH,PIERCE,FENNER & SMITH

Service code 15 · EIN 13-5674085

4 WORLD FINANCIAL CENTER · NEW YORK, NY 10281

Recordkeeping

$68,583

PARKSIDE FINANCIAL BANK AND TRUST4 years

Service code 10

8112 MARYLAND AVENUE · CLAYTON, MO 63105

Accounting

$12,531

CUTTER & COMPANY, INC5+ years

Filed as: CUTTER & COMPANY

Service code 10

15415 CLAYTON AVENUE · BALLWIN, MO 63011

Accounting

$1,753

PLAN DESIGN CONSULTANTS, INC.3 years

Filed as: PLAN CORP

Service code 17

540 MARYVILLE CENTRE · ST. LOUIS, MO 63141

Pension Consulting

LEWIS RICE PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

LEWIS RICE 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