Retirement plan

JACKSON LEWIS P.C. RETIREMENT SAVINGS PLAN

Name: JACKSON LEWIS P.C. - JACKSON LEWIS P.C. RETIREMENT SAVINGS PLAN (2015) Form 5500
Creator: JACKSON LEWIS P.C.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, JACKSON LEWIS P.C. RETIREMENT SAVINGS PLAN, JACKSON LEWIS P.C.

JACKSON LEWIS P.C.EIN 46-3862389Plan #001PY 2015

1133 WESTCHESTER AVE., SUITE S125 - WEST HARRISON, NY 10604914-872-6767jacksonlewis.comLinkedIn1001-5000 employeeslaw practice

Other plans on this EIN

2 filings

#002Retirement-$17.7M assets #003Retirement-$4.4M assets

Prospect flagsHigh feesCorrective distributions

Top hat statement on fileNQDC

Filed October 16, 2015

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$342.9M

-3.0% from 2016

Total participants

1,553

-2.3% from 2016

Average account balance

$220,770

-0.6% from 2016

Annual return

1.20%

-6.34 pp from 2016

Benchmarks

See 568 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort568 peers

Snapshot2015

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

Analytics

Total assets (EOY)

Plan-year ending balance

$623.88M

Not enough data

1 years with asset history on file

Average account balance

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

$295K

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.

2,113

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.

69.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$37.83M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$17K

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

+18.30%

Not enough data

1 years with return on file

Admin fee / account holder

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

$100

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 6 by compensation

Provider	Service type	Compensation
TRANSAMERICA RETIREMENT SOLUTIONS1+ years Service code 12 · EIN 13-3689044	Distribution (12b-1) fees; Participan...	$233,034
MORGAN STANLEY SMITH BARNEY1+ years Filed as: MORGAN STANLEY DEAN WITTER Service code 16 201 PLAZA TWO · JERSEY CITY, NJ 07311	Consulting	$185,000
PHILLIPS GOLD AND COMPANY LLP1+ years Filed as: PHILLIPS GOLD AND COMPANY, LLP Service code 10 · EIN 13-1881038	Accounting	$50,222
COHN REZNICK LLP1+ years Filed as: COHN & RESZNICK Service code 10 · EIN 22-1478099	Accounting	$17,000
CHARLES SCHWAB & CO., INC.1+ years Service code 33 · EIN 94-1737782	Securities brokerage; Securities brok...	$4,863
NATIONAL FINANCIAL SERVICES1+ years Service code 33 · EIN 04-3523567	Securities brokerage; Securities brok...	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2R2T3B

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$589K

$476 / participant

Contract admin$3K0.5%
Other / not subdivided$586K99.5%

% of EOY assets

0.172%

all-in expense ratio

Categories reported

1 / 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: COHNREZNICK LLP
Auditor EIN: 221478099
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$220,770

$86,791+154.4%

$115,038+91.9%

$59,188+273.0%

Participation rate

100.0%

72.8%+27.2pp

81.4%+18.6pp

69.4%+30.6pp

Annual return

1.20%

4.44%-3.2pp

26.14%-24.9pp

5.51%-4.3pp

Employer contribution / active EE

$6,666

$2,950+126.0%

$4,608+44.7%

$2,098+217.7%

Participant deferral / active EE

$10,160

$5,298+91.8%

$6,026+68.6%

$3,265+211.2%

Admin fee / account holder

$379

$95+299.4%

$8,175-95.4%

$92+311.1%

Provider

Service type

Compensation

TRANSAMERICA RETIREMENT SOLUTIONS1+ years

Service code 12 · EIN 13-3689044

Distribution (12b-1) fees; Participan...

$233,034

MORGAN STANLEY SMITH BARNEY1+ years

Filed as: MORGAN STANLEY DEAN WITTER

Service code 16

201 PLAZA TWO · JERSEY CITY, NJ 07311

Consulting

$185,000

PHILLIPS GOLD AND COMPANY LLP1+ years

Filed as: PHILLIPS GOLD AND COMPANY, LLP

Service code 10 · EIN 13-1881038

Accounting

$50,222

COHN REZNICK LLP1+ years

Filed as: COHN & RESZNICK

Service code 10 · EIN 22-1478099

Accounting

$17,000

CHARLES SCHWAB & CO., INC.1+ years

Service code 33 · EIN 94-1737782

Securities brokerage; Securities brok...

$4,863

NATIONAL FINANCIAL SERVICES1+ years

Service code 33 · EIN 04-3523567

Securities brokerage; Securities brok...

JACKSON LEWIS P.C. RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

JACKSON LEWIS P.C. RETIREMENT SAVINGS PLAN

Top hat statement on fileNQDC

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