Retirement plan

BAIRD HOLM LLP PROFIT SHARING PLAN

Name: BAIRD HOLM LLP - BAIRD HOLM LLP PROFIT SHARING PLAN (2020) Form 5500
Creator: BAIRD HOLM LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, BAIRD HOLM LLP PROFIT SHARING PLAN, BAIRD HOLM LLP

BAIRD HOLM LLPEIN 47-0389074Plan #001PY 2020

1700 FARNAM ST STE 1500 - OMAHA, NE 68102402-344-0500bairdholm.comLinkedIn51-200 employeeslaw practice

Prospect flagsLow returnsHigh feesHigh cashHigh assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$87.1M

+13.1% from 2019

Total participants

203

-0.5% from 2019

Average account balance

$439,945

+12.5% from 2019

Annual return

13.31%

-6.45 pp from 2019

Benchmarks

See 5,591 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,591 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$109.50M

Not enough data

1 years with asset history on file

Average account balance

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

$553K

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.

198

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.

83.9%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.48M

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

+16.27%

Not enough data

1 years with return on file

Admin fee / account holder

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

$1057

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
JP MORGAN INVESTMENT MANAGEMENT INC6+ years Filed as: BRIDGES INV MANAGEMENT Service code 26 · EIN 47-0784180	Advisory (Participants)	$47,901
FIDELITY INVESTMENTS INSTITUTIONAL6+ years Service code 37 · EIN 04-2647786	Loan Processing	$33,435
CAMBRIDGE INVESTMENT RESEARCH2 years Filed as: CIRA Service code 27 · EIN 42-1445428	Advisory (Plan)	$20,000
USI CONSULTING GROUP1 year Filed as: USI ADVISORS, INC. Service code 27 · EIN 06-1397347	Advisory (Plan)	$20,000
ARBOR POINT ADVISORS LLC5 years Filed as: ARBOR POINT ADVISORS Service code 26 · EIN 46-1050183	Advisory (Participants)	$18,924
MCFARLIN & BROKKE PC1 year Service code 10 · EIN 47-0543458	Accounting	$13,000
DA DAVIDSON & CO4 years Filed as: D.A. DAVIDSON Service code 26 · EIN 81-0139474	Advisory (Participants)	$12,931

Plan features & details

Pension benefit codes2E2F2G2J2R2T3D

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.
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.
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.

Opportunity flags

5 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.
OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$172K

$1064 / participant

Investment mgmt$4K2.6%
Other / not subdivided$168K97.4%

% of EOY assets

0.198%

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: MCFARLIN & BROKKE, P.C.
Auditor EIN: 470543458
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$439,945

$99,957+340.1%

$149,730+193.8%

$73,493+498.6%

Participation rate

96.9%

75.7%+21.2pp

82.5%+14.4pp

70.7%+26.2pp

Annual return

13.31%

53.87%-40.6pp

276.70%-263.4pp

28.51%-15.2pp

Employer contribution / active EE

$9,174

$3,191+187.5%

$4,645+97.5%

$2,270+304.1%

Participant deferral / active EE

$10,307

$6,073+69.7%

$6,843+50.6%

$3,740+175.6%

Admin fee / account holder

$870

$551+58.1%

$9,310-90.7%

$513+69.6%

Provider

Service type

Compensation

JP MORGAN INVESTMENT MANAGEMENT INC6+ years

Filed as: BRIDGES INV MANAGEMENT

Service code 26 · EIN 47-0784180

Advisory (Participants)

$47,901

FIDELITY INVESTMENTS INSTITUTIONAL6+ years

Service code 37 · EIN 04-2647786

Loan Processing

$33,435

CAMBRIDGE INVESTMENT RESEARCH2 years

Filed as: CIRA

Service code 27 · EIN 42-1445428

Advisory (Plan)

$20,000

USI CONSULTING GROUP1 year

Filed as: USI ADVISORS, INC.

Service code 27 · EIN 06-1397347

Advisory (Plan)

$20,000

ARBOR POINT ADVISORS LLC5 years

Filed as: ARBOR POINT ADVISORS

Service code 26 · EIN 46-1050183

Advisory (Participants)

$18,924

MCFARLIN & BROKKE PC1 year

Service code 10 · EIN 47-0543458

Accounting

$13,000

DA DAVIDSON & CO4 years

Filed as: D.A. DAVIDSON

Service code 26 · EIN 81-0139474

Advisory (Participants)

$12,931

BAIRD HOLM LLP PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

BAIRD HOLM LLP 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