Retirement plan

SPENCER FANE RETIREMENT PLAN

Name: SPENCER FANE LLP - SPENCER FANE RETIREMENT PLAN (2020) Form 5500
Creator: SPENCER FANE LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, SPENCER FANE RETIREMENT PLAN, SPENCER FANE LLP

SPENCER FANE LLPEIN 44-0561981Plan #001PY 2020

1000 WALNUT STREET, SUITE 1400 - KANSAS CITY, MO 641062140816-474-8100spencerfane.comLinkedIn501-1000 employeeslaw practice

Other plans on this EIN

1 filing

#002Retirement-$2.3M assets

Prospect flagsHigh assets / participant

How to read this page

Total assets (EOY)

$163.4M

-20.7% from 2016

Total participants

556

-14.0% from 2016

Average account balance

$299,264

-11.4% from 2016

Annual return

16.26%

-23.70 pp from 2016

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

$263.80M

Not enough data

1 years with asset history on file

Average account balance

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

$267K

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.

989

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.

92.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$20.52M

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

+19.77%

Not enough data

1 years with return on file

Admin fee / account holder

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

$142

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
CREATIVE PLANNING LLC2 years Filed as: CREATIVE PLANNING INC Service code 26 · EIN 43-1270780	Advisory (Participants)	$17,793
BUKATY COMPANIES O'RENICK WEALTH2 years Filed as: BUKATY COMPANIES Service code 26 · EIN 43-1451524	Advisory (Participants)	$16,942
MERITAGE PORTFOLIO MANAGEMENT6+ years Service code 26 · EIN 48-1100663	Advisory (Participants)	$16,205
PROFUSION FINANCIAL INC2 years Service code 26 · EIN 46-2203568	Advisory (Participants)	$14,009
KRILOGY FINANCIAL LLC2 years Service code 26 · EIN 26-3835498	Advisory (Participants)	$10,562
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB & CO.,INC. Service code 33 · EIN 94-1737782	Securities brokerage; Shareholder ser...	$3,007
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB & CO. INC. AND AFFIL Service code 59	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2E2F2G2J2R2S2T3B3D3F

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.
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.
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.

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

$93K

$203 / participant

Investment mgmt$91K97.2%
Other / not subdivided$3K2.8%

% of EOY assets

0.057%

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: MAYER HOFFMAN MCCANN, P.C.
Auditor EIN: 431947695
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$299,264

$100,801+196.9%

$149,751+99.8%

$73,415+307.6%

Participation rate

97.8%

77.7%+20.1pp

82.5%+15.3pp

72.2%+25.6pp

Annual return

16.26%

265.34%-249.1pp

276.71%-260.5pp

59.30%-43.0pp

Employer contribution / active EE

$11,929

$3,312+260.2%

$4,646+156.8%

$2,234+434.0%

Participant deferral / active EE

$8,759

$6,404+36.8%

$6,843+28.0%

$3,806+130.1%

Admin fee / account holder

$171

$181-5.5%

$9,312-98.2%

$158+8.3%

Provider

Service type

Compensation

CREATIVE PLANNING LLC2 years

Filed as: CREATIVE PLANNING INC

Service code 26 · EIN 43-1270780

Advisory (Participants)

$17,793

BUKATY COMPANIES O'RENICK WEALTH2 years

Filed as: BUKATY COMPANIES

Service code 26 · EIN 43-1451524

Advisory (Participants)

$16,942

MERITAGE PORTFOLIO MANAGEMENT6+ years

Service code 26 · EIN 48-1100663

Advisory (Participants)

$16,205

PROFUSION FINANCIAL INC2 years

Service code 26 · EIN 46-2203568

Advisory (Participants)

$14,009

KRILOGY FINANCIAL LLC2 years

Service code 26 · EIN 26-3835498

Advisory (Participants)

$10,562

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB & CO.,INC.

Service code 33 · EIN 94-1737782

Securities brokerage; Shareholder ser...

$3,007

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB & CO. INC. AND AFFIL

Service code 59

Shareholder Servicing

SPENCER FANE RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

SPENCER FANE RETIREMENT 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