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 (2018) 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 2018

6225 SMITH AVENUE - BALTIMORE, MD 212093600410-580-4427LinkedIn1001-5000 employeeslegal services

Other plans on this EIN

1 filing

#005Retirement-$233.2M assets

Prospect flagsHigh assets / participantCorrective 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)

$1030.8M

-8.5% from 2016

Total participants

4,607

+10.0% from 2016

Average account balance

$257,006

-11.5% from 2016

Annual return

-4.51%

-9.58 pp from 2016

Benchmarks

See 688 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort688 peers

Snapshot2018

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 10 by compensation

Provider	Service type	Compensation
BOKF, NA4+ years Service code 19 ONE WILLIAMS CENTER TOWER · TULSA, OK 74172	Securities Custodian	$330,404
AB FUNDS4+ years Filed as: ALLIANCE BERNSTEIN L.P. Service code 26 1 NORTH LEXINGTON AVENUE · WHITE PLAINS, NY 106011712	Advisory (Participants)	$47,668
CIBC PRIVATE WEALTH ADVISORS I1 year Filed as: CIBC PRIVATE WEALTH MANAGEMENT Service code 26 ONE SOUTH WACKER DRIVE, SUITE 3500 · CHICAGO, IL 60606	Advisory (Participants)	$37,303
VERDENCE CAPITAL ADVISORS LLC2 years Filed as: VERDENCE CAPTIAL ADVISORS Service code 26 217 INTERNATIONAL CIRCLE · HUNT VALLEY, MD 21030	Advisory (Participants)	$21,556
TUFTON CAPITAL MANAGEMENT3 years Service code 26 303 INTERNATIONAL CIRCLE SUITE 430 · HUNT VALLEY, MD 21030	Advisory (Participants)	$17,497
FLAGSHIP HARBOR ADVISORS2 years Service code 26 346 COMMERCIAL STREET · BOSTON, MA 02109	Advisory (Participants)	$6,189
GGM ASSOCIATES INC3 years Filed as: GGM WEALTH ADVISORS Service code 26 1801 PORTER STREET, SUITE 500 · BALTIMORE, MD 21230	Advisory (Participants)	$6,115
THE BANK OF NEW YORK MELLON4+ years Filed as: BNY ESI Service code 71 1633 BROADWAY · NEW YORK, NY 100196708	Brokerage Fees	$0
MORGAN STANLEY SMITH BARNEY1 year Filed as: MORGAN STANLEY DW, INC. Service code 71 1585 BROADWAY · NEW YORK, NY 10036	Brokerage Fees	$0
ROTHSCHILD ASSET MANAGEMENT4+ 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

2 tripped

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

$451K

$156 / participant

Investment mgmt$138K30.7%
Other / not subdivided$313K69.3%

% of EOY assets

0.044%

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: DELOITTE
Auditor EIN: 133891517
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$257,006

$88,874+189.2%

$123,553+108.0%

$75,289+241.4%

Participation rate

79.5%

75.9%+3.6pp

82.3%-2.8pp

72.4%+7.0pp

Annual return

-4.51%

4.22%-8.7pp

119.21%-123.7pp

-0.04%-4.5pp

Employer contribution / active EE

$10,374

$3,256+218.7%

$4,628+124.2%

$2,405+331.4%

Participant deferral / active EE

$10,214

$6,174+65.4%

$6,426+59.0%

$3,739+173.2%

Admin fee / account holder

$113

$95+19.0%

$9,284-98.8%

$102+10.0%

Provider

Service type

Compensation

BOKF, NA4+ years

Service code 19

ONE WILLIAMS CENTER TOWER · TULSA, OK 74172

Securities Custodian

$330,404

AB FUNDS4+ years

Filed as: ALLIANCE BERNSTEIN L.P.

Service code 26

1 NORTH LEXINGTON AVENUE · WHITE PLAINS, NY 106011712

Advisory (Participants)

$47,668

CIBC PRIVATE WEALTH ADVISORS I1 year

Filed as: CIBC PRIVATE WEALTH MANAGEMENT

Service code 26

ONE SOUTH WACKER DRIVE, SUITE 3500 · CHICAGO, IL 60606

Advisory (Participants)

$37,303

VERDENCE CAPITAL ADVISORS LLC2 years

Filed as: VERDENCE CAPTIAL ADVISORS

Service code 26

217 INTERNATIONAL CIRCLE · HUNT VALLEY, MD 21030

Advisory (Participants)

$21,556

TUFTON CAPITAL MANAGEMENT3 years

Service code 26

303 INTERNATIONAL CIRCLE SUITE 430 · HUNT VALLEY, MD 21030

Advisory (Participants)

$17,497

FLAGSHIP HARBOR ADVISORS2 years

Service code 26

346 COMMERCIAL STREET · BOSTON, MA 02109

Advisory (Participants)

$6,189

GGM ASSOCIATES INC3 years

Filed as: GGM WEALTH ADVISORS

Service code 26

1801 PORTER STREET, SUITE 500 · BALTIMORE, MD 21230

Advisory (Participants)

$6,115

THE BANK OF NEW YORK MELLON4+ years

Filed as: BNY ESI

Service code 71

1633 BROADWAY · NEW YORK, NY 100196708

Brokerage Fees

MORGAN STANLEY SMITH BARNEY1 year

Filed as: MORGAN STANLEY DW, INC.

Service code 71

1585 BROADWAY · NEW YORK, NY 10036

Brokerage Fees

ROTHSCHILD ASSET MANAGEMENT4+ 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