Retirement plan

DLA PIPER LLP US PROFIT SHARING AND 401(K) SAVINGS PLAN

Name: DLA PIPER LLP US - DLA PIPER LLP US PROFIT SHARING AND 401(K) SAVINGS PLAN (2015) Form 5500
Creator: DLA PIPER LLP US
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, DLA PIPER LLP US PROFIT SHARING AND 401(K) SAVINGS PLAN, DLA PIPER LLP US

DLA PIPER LLP USEIN 52-0616490Plan #004PY 2015

6225 SMITH AVENUE - BALTIMORE, MD 212093600410-580-3000LinkedIn1001-5000 employeeslegal services

Other plans on this EIN

1 filing

#005Retirement-$151.4M assets

Prospect flagsHigh retiree %Low returnsCorrective distributions

Top hat statement on fileNQDC

Filed October 13, 2021

Plan administrator

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6225 Smith Avenue

Baltimore, MD 21209

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Plans declared (1)

DLA Piper LLP (US) Deferred Compensation Plan13 emp

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Total assets (EOY)

$879.8M

-8.5% from 2016

Total participants

4,312

+10.0% from 2016

Average account balance

$225,485

-11.5% from 2016

Annual return

-0.68%

-9.58 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

$1.74B

Not enough data

1 years with asset history on file

Average account balance

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

$419K

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.

4,151

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.

90.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$92.14M

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

+15.73%

Not enough data

1 years with return on file

Admin fee / account holder

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

$132

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 8 by compensation

Provider	Service type	Compensation
BOKF, NA1+ years Service code 19 ONE WILLIAMS CENTER TOWER · TULSA, OK 74172	Securities Custodian	$318,453
AB FUNDS1+ years Filed as: ALLIANCE BERNSTEIN L.P. Service code 26 1 NORTH LEXINGTON AVENUE · WHITE PLAINS, NY 106011712	Advisory (Participants)	$26,707
HIGHTOWER ADVISORS LLC1+ years Filed as: HIGHTOWER ADVISORS, LLC Service code 26 200 W. MADISON STREET · CHICAGO, IL 60606	Advisory (Participants)	$17,406
WILLIAM BLAIR1+ years Filed as: WILLIAM BLAIR & COMPANY Service code 26 222 WEST ADAMS STREET · CHICAGO, IL 60606	Advisory (Participants)	$17,079
HARDESTY PRESS1+ years Filed as: HARDESTY CAPITAL MANAGEMENT Service code 26 2 E. READ STREET, 7TH FLOOR · BALTIMORE, MD 21202	Advisory (Participants)	$13,535
JP MORGAN INVESTMENT MANAGEMENT INC1+ years Filed as: GENEVA INVESTMENT MGMT OF CHICAGO Service code 26 181 WEST MADISON STREET, 35TH FL · CHICAGO, IL 60602	Advisory (Participants)	$11,193
THE BANK OF NEW YORK MELLON1+ years Filed as: BNY ESI Service code 71 1633 BROADWAY · NEW YORK, NY 100196708	Brokerage Fees	$0
ROTHSCHILD ASSET MANAGEMENT1+ years Filed as: ROTHSCHILD INVESTMENT CORPORATION Service code 71 311 SOUTH WACKER DRIVE, SUITE 6500 · CHICAGO, IL 606066694	Brokerage Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2R3B2T

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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

3 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$404K

$150 / participant

Other / not subdivided$404K100.0%

% of EOY assets

0.046%

all-in expense ratio

Categories reported

0 / 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: BDO USA LLP
Auditor EIN: 135381590
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$225,485

$86,791+159.8%

$115,038+96.0%

$59,188+281.0%

Participation rate

84.7%

72.8%+11.9pp

81.4%+3.4pp

69.4%+15.3pp

Annual return

-0.68%

4.44%-5.1pp

26.14%-26.8pp

5.51%-6.2pp

Employer contribution / active EE

$10,582

$2,950+258.8%

$4,608+129.7%

$2,098+404.4%

Participant deferral / active EE

$10,243

$5,298+93.3%

$6,026+70.0%

$3,265+213.7%

Admin fee / account holder

$104

$95+9.1%

$8,175-98.7%

$92+12.3%

Provider

Service type

Compensation

BOKF, NA1+ years

Service code 19

ONE WILLIAMS CENTER TOWER · TULSA, OK 74172

Securities Custodian

$318,453

AB FUNDS1+ years

Filed as: ALLIANCE BERNSTEIN L.P.

Service code 26

1 NORTH LEXINGTON AVENUE · WHITE PLAINS, NY 106011712

Advisory (Participants)

$26,707

HIGHTOWER ADVISORS LLC1+ years

Filed as: HIGHTOWER ADVISORS, LLC

Service code 26

200 W. MADISON STREET · CHICAGO, IL 60606

Advisory (Participants)

$17,406

WILLIAM BLAIR1+ years

Filed as: WILLIAM BLAIR & COMPANY

Service code 26

222 WEST ADAMS STREET · CHICAGO, IL 60606

Advisory (Participants)

$17,079

HARDESTY PRESS1+ years

Filed as: HARDESTY CAPITAL MANAGEMENT

Service code 26

2 E. READ STREET, 7TH FLOOR · BALTIMORE, MD 21202

Advisory (Participants)

$13,535

JP MORGAN INVESTMENT MANAGEMENT INC1+ years

Filed as: GENEVA INVESTMENT MGMT OF CHICAGO

Service code 26

181 WEST MADISON STREET, 35TH FL · CHICAGO, IL 60602

Advisory (Participants)

$11,193

THE BANK OF NEW YORK MELLON1+ years

Filed as: BNY ESI

Service code 71

1633 BROADWAY · NEW YORK, NY 100196708

Brokerage Fees

ROTHSCHILD ASSET MANAGEMENT1+ years

Filed as: ROTHSCHILD INVESTMENT CORPORATION

Service code 71

311 SOUTH WACKER DRIVE, SUITE 6500 · CHICAGO, IL 606066694

Brokerage Fees

DLA PIPER LLP US PROFIT SHARING AND 401(K) SAVINGS PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

DLA PIPER LLP US PROFIT SHARING AND 401(K) SAVINGS PLAN

Top hat statement on fileNQDC

Plan administrator

Plans declared (1)

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