Retirement plan

STEPTOE & JOHNSON LLP 401(K) RETIREMENT PLAN

Name: STEPTOE & JOHNSON LLP - STEPTOE & JOHNSON LLP 401(K) RETIREMENT PLAN (2018) 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 2018

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

Other plans on this EIN

3 filings

#006Retirement-$106.3M assets #004Retirement-$95.4M assets #005Retirement-$21.0M assets

Prospect flagsHigh cashCorrective distributions

How to read this page

Total assets (EOY)

$201.8M

-6.1% from 2016

Total participants

1,013

+0.3% from 2016

Average account balance

$245,214

+2.0% from 2016

Annual return

-2.35%

+2.36 pp from 2016

Benchmarks

See 2,763 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,763 peers

Snapshot2018

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 10 of 11 by compensation

Provider	Service type	Compensation
LAKE PARTNERS, INC.3 years Service code 26 · EIN 06-1258811	Advisory (Participants)	$33,231
SULLIVAN BRUYETTE1 year Service code 26 · EIN 54-1571022	Advisory (Participants)	$22,631
CHARLES SCHWAB & CO., INC.1 year Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833	Recordkeeping	$18,816
JP MORGAN INVESTMENT MANAGEMENT INC1 year Filed as: KLOPP INVESTMENT MANAGEMENT LLC Service code 26 · EIN 34-1839736	Advisory (Participants)	$15,907
CHARLES SCHWAB & CO., INC.2 years Service code 33 · EIN 94-1737782	Securities brokerage; Float revenue; ...	$9,375
FRONTIER ASSET MANAGEMENT1 year Service code 26 · EIN 83-0331917	Advisory (Participants)	$9,240
FISHER INVESTMENTS1 year Service code 26 · EIN 20-2480800	Advisory (Participants)	$8,057
INTERWEALTH MANAGEMENT LLC1 year Service code 26 · EIN 27-4375375	Advisory (Participants)	$8,019
AT INVESTMENT ADVISERS INC1 year Filed as: AT INVESTMENT ADVISERS INC. Service code 26 · EIN 20-0822261	Advisory (Participants)	$5,908
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB & CO. INC. & AFFIL 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

OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$127K

$161 / participant

Investment mgmt$109K85.2%
Other / not subdivided$19K14.8%

% of EOY assets

0.063%

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

$245,214

$75,388+225.3%

$123,553+98.5%

$55,727+340.0%

Participation rate

75.9%

75.7%+0.3pp

82.3%-6.3pp

70.9%+5.1pp

Annual return

-2.35%

4.48%-6.8pp

119.21%-121.6pp

244.94%-247.3pp

Employer contribution / active EE

$11,477

$3,063+274.7%

$4,628+148.0%

$2,078+452.3%

Participant deferral / active EE

$11,015

$5,651+94.9%

$6,426+71.4%

$3,356+228.3%

Admin fee / account holder

$155

$120+29.2%

$9,284-98.3%

$115+34.4%

Provider

Service type

Compensation

LAKE PARTNERS, INC.3 years

Service code 26 · EIN 06-1258811

Advisory (Participants)

$33,231

SULLIVAN BRUYETTE1 year

Service code 26 · EIN 54-1571022

Advisory (Participants)

$22,631

CHARLES SCHWAB & CO., INC.1 year

Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC

Service code 15 · EIN 34-1479833

Recordkeeping

$18,816

JP MORGAN INVESTMENT MANAGEMENT INC1 year

Filed as: KLOPP INVESTMENT MANAGEMENT LLC

Service code 26 · EIN 34-1839736

Advisory (Participants)

$15,907

CHARLES SCHWAB & CO., INC.2 years

Service code 33 · EIN 94-1737782

Securities brokerage; Float revenue; ...

$9,375

FRONTIER ASSET MANAGEMENT1 year

Service code 26 · EIN 83-0331917

Advisory (Participants)

$9,240

FISHER INVESTMENTS1 year

Service code 26 · EIN 20-2480800

Advisory (Participants)

$8,057

INTERWEALTH MANAGEMENT LLC1 year

Service code 26 · EIN 27-4375375

Advisory (Participants)

$8,019

AT INVESTMENT ADVISERS INC1 year

Filed as: AT INVESTMENT ADVISERS INC.

Service code 26 · EIN 20-0822261

Advisory (Participants)

$5,908

CHARLES SCHWAB & CO., INC.1 year

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

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