Retirement plan

CROWELL & MORING LLP RETIREMENT PLAN

Name: CROWELL & MORING LLP - CROWELL & MORING LLP RETIREMENT PLAN (2019) Form 5500
Creator: CROWELL & MORING LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CROWELL & MORING LLP RETIREMENT PLAN, CROWELL & MORING LLP

CROWELL & MORING LLPEIN 52-1150358Plan #001PY 2019

1001 PENNSYLVANIA AVENUE, N.W. - WASHINGTON, DC 20004202-624-2500crowell.comLinkedIn1001-5000 employeeslaw practice

Prospect flagsHigh assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$457.4M

-2.6% from 2016

Total participants

1,710

+1.1% from 2016

Average account balance

$274,380

-1.3% from 2016

Annual return

22.67%

-6.57 pp from 2016

Benchmarks

See 2,853 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,853 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$694.86M

Not enough data

1 years with asset history on file

Average account balance

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

$338K

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.

2,054

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.

97.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$29.31M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$23K

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

+15.15%

Not enough data

1 years with return on file

Admin fee / account holder

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

$108

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 5 by compensation

Provider	Service type	Compensation
CAPFINANCIAL PARTNERS LLC5+ years Filed as: CAPTRUST FINANCIAL ADVISORS Service code 27 · EIN 20-0058143	Advisory (Plan)	$92,500
PRICEWATERHOUSECOOPERS LLP5+ years Service code 27 · EIN 13-4008324	Advisory (Plan)	$52,854
STRATEGIC ADVISORS, INC.1 year Filed as: STRATEGIC ADVISORS, INC Service code 16 · EIN 04-2654524	Consulting	$6,045
FIDELITY INVESTMENTS INSTITUTIONAL5+ years Service code 37 · EIN 04-2647786	Loan Processing	$290
FIDELITY INVESTMENTS INSTITUTIONAL1 year Filed as: FIDELITY INVESTMENTS INSTITUTIONA Service code 60	Sub-TA Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J2R2S

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.

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

$152K

$152 / participant

Investment mgmt$93K61.0%
Other / not subdivided$59K39.0%

% of EOY assets

0.033%

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: PRICEWATERHOUSECOOPERS LLP
Auditor EIN: 134008324
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$274,380

$88,122+211.4%

$141,200+94.3%

$67,584+306.0%

Participation rate

95.7%

76.5%+19.2pp

82.5%+13.2pp

71.3%+24.4pp

Annual return

22.67%

75.40%-52.7pp

71.41%-48.7pp

378.59%-355.9pp

Employer contribution / active EE

$10,799

$3,224+234.9%

$4,736+128.0%

$2,148+402.8%

Participant deferral / active EE

$12,033

$5,958+102.0%

$6,710+79.3%

$3,540+240.0%

Admin fee / account holder

$91

$131-30.5%

$10,265-99.1%

$142-36.1%

Provider

Service type

Compensation

CAPFINANCIAL PARTNERS LLC5+ years

Filed as: CAPTRUST FINANCIAL ADVISORS

Service code 27 · EIN 20-0058143

Advisory (Plan)

$92,500

PRICEWATERHOUSECOOPERS LLP5+ years

Service code 27 · EIN 13-4008324

Advisory (Plan)

$52,854

STRATEGIC ADVISORS, INC.1 year

Filed as: STRATEGIC ADVISORS, INC

Service code 16 · EIN 04-2654524

Consulting

$6,045

FIDELITY INVESTMENTS INSTITUTIONAL5+ years

Service code 37 · EIN 04-2647786

Loan Processing

$290

FIDELITY INVESTMENTS INSTITUTIONAL1 year

Filed as: FIDELITY INVESTMENTS INSTITUTIONA

Service code 60

Sub-TA Fees

CROWELL & MORING LLP RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CROWELL & MORING LLP RETIREMENT 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