Retirement plan

STEPTOE & JOHNSON LLP 401(K) RETIREMENT PLAN

Name: STEPTOE & JOHNSON LLP - STEPTOE & JOHNSON LLP 401(K) RETIREMENT PLAN (2017) Form 5500
Creator: STEPTOE & JOHNSON LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STEPTOE & JOHNSON LLP 401(K) RETIREMENT PLAN, STEPTOE & JOHNSON LLP

STEPTOE & JOHNSON LLPEIN 52-1349790Plan #001PY 2017

1330 CONNECTICUT AVENUE, N.W. - WASHINGTON, DC 200361704202-429-3000steptoe.comLinkedIn1001-5000 employeeslaw practice

Other plans on this EIN

3 filings

#006Retirement-$117.4M assets #004Retirement-$110.4M assets #005Retirement-$24.2M assets

Prospect flagsLow returnsHigh cash

How to read this page

Total assets (EOY)

$202.9M

-6.1% from 2016

Total participants

1,026

+0.3% from 2016

Average account balance

$242,672

+2.0% from 2016

Annual return

14.44%

+2.36 pp from 2016

Benchmarks

See 2,615 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,615 peers

Snapshot2017

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

Analytics

Total assets (EOY)

Plan-year ending balance

$455.79M

Not enough data

1 years with asset history on file

Average account balance

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

$409K

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.

1,114

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.

96.4%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$20.27M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$28K

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

+17.44%

Not enough data

1 years with return on file

Admin fee / account holder

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

$193

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
AT INVESTMENT ADVISERS INC1 year Filed as: AT INVESTMENT ADVISERS, INC. Service code 26 · EIN 20-0822261	Advisory (Participants)	$16,523
LAKE PARTNERS, INC.2 years Service code 26 · EIN 06-1258811	Advisory (Participants)	$15,685
JP MORGAN INVESTMENT MANAGEMENT INC1 year Filed as: KLOPP INVESTMENT MANAGEMENT, LLC Service code 26 · EIN 34-1839736	Advisory (Participants)	$9,497
CHARLES SCHWAB & CO., INC.1 year Filed as: SCHWAB RETIREMENT PLAN SERVICES, IN Service code 15 · EIN 34-1479833	Recordkeeping	$8,603
INTERWEALTH MANAGEMENT LLC1 year Filed as: INTERWEALTH MANAGEMENT, LLC Service code 26 · EIN 27-4375375	Advisory (Participants)	$6,011
CHARLES SCHWAB & CO., INC.1 year Service code 33 · EIN 94-1737782	Float revenue; Securities brokerage c...	$4,353
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB & CO. AND AFFILIATES Service code 59	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2F2G2J2R2T3B

Plan features

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.
3B
Plan covering self-employed individuals
Plan covering self-employed individuals.

Opportunity flags

2 tripped

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.

Expense breakdown

Schedule H Part II

Admin total

$110K

$134 / participant

Investment mgmt$90K82.2%
Other / not subdivided$20K17.8%

% of EOY assets

0.054%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$242,672

$155,795+55.8%

$136,298+78.0%

$69,634+248.5%

Participation rate

76.8%

75.2%+1.5pp

81.9%-5.1pp

70.7%+6.1pp

Annual return

14.44%

232464.33%-232449.9pp

5156.27%-5141.8pp

27572.26%-27557.8pp

Employer contribution / active EE

$2,991-100.0%

$4,696-100.0%

$2,032-100.0%

Participant deferral / active EE

$10,360

$5,394+92.1%

$6,247+65.8%

$3,224+221.3%

Admin fee / account holder

$131

$128+2.2%

$9,244-98.6%

$110+18.7%

Provider

Service type

Compensation

AT INVESTMENT ADVISERS INC1 year

Filed as: AT INVESTMENT ADVISERS, INC.

Service code 26 · EIN 20-0822261

Advisory (Participants)

$16,523

LAKE PARTNERS, INC.2 years

Service code 26 · EIN 06-1258811

Advisory (Participants)

$15,685

JP MORGAN INVESTMENT MANAGEMENT INC1 year

Filed as: KLOPP INVESTMENT MANAGEMENT, LLC

Service code 26 · EIN 34-1839736

Advisory (Participants)

$9,497

CHARLES SCHWAB & CO., INC.1 year

Filed as: SCHWAB RETIREMENT PLAN SERVICES, IN

Service code 15 · EIN 34-1479833

Recordkeeping

$8,603

INTERWEALTH MANAGEMENT LLC1 year

Filed as: INTERWEALTH MANAGEMENT, LLC

Service code 26 · EIN 27-4375375

Advisory (Participants)

$6,011

CHARLES SCHWAB & CO., INC.1 year

Service code 33 · EIN 94-1737782

Float revenue; Securities brokerage c...

$4,353

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB & CO. AND AFFILIATES

Service code 59

Shareholder Servicing

STEPTOE & JOHNSON LLP 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STEPTOE & JOHNSON LLP 401(K) 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