Retirement plan

RUBINBROWN LLP 401(K) PROFIT SHARING PLAN AND TRUST

Name: RUBINBROWN LLP - RUBINBROWN LLP 401(K) PROFIT SHARING PLAN AND TRUST (2020) Form 5500
Creator: RUBINBROWN LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, RUBINBROWN LLP 401(K) PROFIT SHARING PLAN AND TRUST, RUBINBROWN LLP

RUBINBROWN LLPEIN 43-0765316Plan #002PY 2020

ONE NORTH BRENTWOOD BOULEVARD - ST. LOUIS, MO 63105314-678-3519rubinbrown.comLinkedIn501-1000 employeesaccounting

Prospect flagsLow returnsHigh feesCorrective distributions

How to read this page

Total assets (EOY)

$123.3M

+0.7% from 2019

Total participants

902

-1.8% from 2019

Average account balance

$157,672

+1.5% from 2019

Annual return

4.76%

-2.74 pp from 2019

Benchmarks

See 2,819 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,819 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$204.23M

Not enough data

1 years with asset history on file

Average account balance

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

$199K

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.

1,025

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.

80.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$14.49M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$15K

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

+14.35%

Not enough data

1 years with return on file

Admin fee / account holder

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

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 3 by compensation

Provider	Service type	Compensation
NEWPORT GROUP, INC.5+ years Filed as: NEWPORT GROUP SECURITIES, INC. Service code 26 300 PRIMERA BLVD · HEATHROW, FL 32746	Advisory (Participants)	$132,707
NEWPORT GROUP, INC.4 years Service code 12 · EIN 27-2037969	Investment advisory (plan); Other inv...	$113,088
NEWPORT GROUP, INC.4 years Filed as: NEWPORT TRUST COMPANY Service code 19 · EIN 27-4411131	Securities Custodian	$7,740

Plan features & details

Pension benefit codes2A2E2F2G2J2T3B3D3F3H

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.
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.
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.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3F
Leased employees
Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
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.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$254K

$357 / participant

Investment mgmt$133K52.3%
Contract admin$113K44.6%
Other / not subdivided$8K3.1%

% of EOY assets

0.206%

all-in expense ratio

Categories reported

2 / 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: BAKER TILLY US, LLP
Auditor EIN: 390859910
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$157,672

$100,801+56.4%

$149,745+5.3%

$73,412+114.8%

Participation rate

83.1%

77.7%+5.4pp

82.5%+0.6pp

72.2%+10.9pp

Annual return

4.76%

265.34%-260.6pp

276.72%-272.0pp

59.30%-54.5pp

Employer contribution / active EE

$3,564

$3,312+7.6%

$4,646-23.3%

$2,234+59.6%

Participant deferral / active EE

$7,460

$6,404+16.5%

$6,843+9.0%

$3,806+96.0%

Admin fee / account holder

$324

$181+79.3%

$9,312-96.5%

$158+105.3%

Provider

Service type

Compensation

NEWPORT GROUP, INC.5+ years

Filed as: NEWPORT GROUP SECURITIES, INC.

Service code 26

300 PRIMERA BLVD · HEATHROW, FL 32746

Advisory (Participants)

$132,707

NEWPORT GROUP, INC.4 years

Service code 12 · EIN 27-2037969

Investment advisory (plan); Other inv...

$113,088

NEWPORT GROUP, INC.4 years

Filed as: NEWPORT TRUST COMPANY

Service code 19 · EIN 27-4411131

Securities Custodian

$7,740

RUBINBROWN LLP 401(K) PROFIT SHARING PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

RUBINBROWN LLP 401(K) PROFIT SHARING PLAN AND TRUST

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