Retirement plan

WILLIAMS & CONNOLLY LLP SAVINGS PLAN AND TRUST

Name: WILLIAMS & CONNOLLY LLP - WILLIAMS & CONNOLLY LLP SAVINGS PLAN AND TRUST (2021) Form 5500
Creator: WILLIAMS & CONNOLLY LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, WILLIAMS & CONNOLLY LLP SAVINGS PLAN AND TRUST, WILLIAMS & CONNOLLY LLP

WILLIAMS & CONNOLLY LLPEIN 52-0851221Plan #003PY 2021

680 MAINE AVE SW - WASHINGTON, DC 20024202-434-5000wc.comLinkedIn501-1000 employeeslaw practice

Other plans on this EIN

3 filings

#002Retirement-$255.8M assets #006Retirement-$89.9M assets #004Retirement-$63.0M assets

Prospect flagsHigh feesLow participationHigh assets / participant

How to read this page

Total assets (EOY)

$138.6M

-7.4% from 2016

Total participants

745

+4.9% from 2016

Average account balance

$444,335

-11.3% from 2016

Annual return

14.31%

-8.39 pp from 2016

Benchmarks

See 2,991 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,991 peers

Snapshot2021

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

Analytics

Total assets (EOY)

Plan-year ending balance

$162.36M

Not enough data

1 years with asset history on file

Average account balance

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

$517K

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.

314

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.

37.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$4.61M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$7K

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

+9.87%

Not enough data

1 years with return on file

Admin fee / account holder

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

$724

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 10 by compensation

Provider	Service type	Compensation
APEXIUM FINANCIAL LP1 year Service code 26 · EIN 47-4515025	Advisory (Participants)	$38,043
GLASSMAN WEALTH SERVICES LLC4 years Service code 26 · EIN 27-0896966	Advisory (Participants)	$37,106
CHARLES SCHWAB & CO., INC.4 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833	Recordkeeping	$26,810
BRIDGEWATER4 years Filed as: BRIDGEWATER ADVISORS INC Service code 26 · EIN 13-3666115	Advisory (Participants)	$19,561
JPMORGAN INVEST HOLDINGS LLC1 year Filed as: CHEVY CHASE TRUST COMPANY Service code 26 · EIN 52-2037618	Advisory (Participants)	$15,338
WITHUMSMITH+BROWN, PC1 year Filed as: BROWN ADVISORY LLC Service code 26 · EIN 26-4560299	Advisory (Participants)	$13,404
CHARLES SCHWAB & CO., INC.5 years Service code 33 · EIN 94-1737782	Securities brokerage commissions and ...	$11,932
LEEWARD FINANCIAL PARTNERS LLC3 years Service code 26 · EIN 82-1531856	Advisory (Participants)	$8,856
JP MORGAN INVESTMENT MANAGEMENT INC3 years Filed as: CORBYN INVESTMENT MANAGEMENT INC Service code 26 · EIN 52-0964322	Advisory (Participants)	$6,056
CHARLES SCHWAB & CO., INC.5 years Filed as: CHARLES SCHWAB & CO. INC. AND AFFIL Service code 59	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2E2F2G2J2R2S2T3B

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.

Opportunity flags

3 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$95K

$139 / participant

Investment mgmt$80K84.5%
Other / not subdivided$15K15.5%

% of EOY assets

0.068%

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: BAKER TILLY US, LLP
Auditor EIN: 390859910
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$444,335

$104,336+325.9%

$159,495+178.6%

$86,828+411.7%

Participation rate

36.6%

77.7%-41.1pp

82.8%-46.2pp

72.3%-35.7pp

Annual return

14.31%

26.32%-12.0pp

263.72%-249.4pp

97.95%-83.6pp

Employer contribution / active EE

$3,451-100.0%

$4,831-100.0%

$2,406-100.0%

Participant deferral / active EE

$5,816

$6,837-14.9%

$7,354-20.9%

$4,132+40.7%

Admin fee / account holder

$304

$172+76.3%

$10,804-97.2%

$170+79.0%

Provider

Service type

Compensation

APEXIUM FINANCIAL LP1 year

Service code 26 · EIN 47-4515025

Advisory (Participants)

$38,043

GLASSMAN WEALTH SERVICES LLC4 years

Service code 26 · EIN 27-0896966

Advisory (Participants)

$37,106

CHARLES SCHWAB & CO., INC.4 years

Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC

Service code 15 · EIN 34-1479833

Recordkeeping

$26,810

BRIDGEWATER4 years

Filed as: BRIDGEWATER ADVISORS INC

Service code 26 · EIN 13-3666115

Advisory (Participants)

$19,561

JPMORGAN INVEST HOLDINGS LLC1 year

Filed as: CHEVY CHASE TRUST COMPANY

Service code 26 · EIN 52-2037618

Advisory (Participants)

$15,338

WITHUMSMITH+BROWN, PC1 year

Filed as: BROWN ADVISORY LLC

Service code 26 · EIN 26-4560299

Advisory (Participants)

$13,404

CHARLES SCHWAB & CO., INC.5 years

Service code 33 · EIN 94-1737782

Securities brokerage commissions and ...

$11,932

LEEWARD FINANCIAL PARTNERS LLC3 years

Service code 26 · EIN 82-1531856

Advisory (Participants)

$8,856

JP MORGAN INVESTMENT MANAGEMENT INC3 years

Filed as: CORBYN INVESTMENT MANAGEMENT INC

Service code 26 · EIN 52-0964322

Advisory (Participants)

$6,056

CHARLES SCHWAB & CO., INC.5 years

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

Service code 59

Shareholder Servicing

WILLIAMS & CONNOLLY LLP SAVINGS PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

WILLIAMS & CONNOLLY LLP SAVINGS PLAN AND TRUST

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