Retirement plan

STEPTOE & JOHNSON LLP 401(K) PROFIT SHARING PLAN

Name: STEPTOE & JOHNSON LLP - STEPTOE & JOHNSON LLP 401(K) PROFIT SHARING PLAN (2021) Form 5500
Creator: STEPTOE & JOHNSON LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STEPTOE & JOHNSON LLP 401(K) PROFIT SHARING PLAN, STEPTOE & JOHNSON LLP

STEPTOE & JOHNSON LLPEIN 52-1349790Plan #001PY 2021

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

Other plans on this EIN

1 filing

#007Retirement-$81.8M assets

Prospect flagsHigh assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$426.3M

-6.1% from 2016

Total participants

979

+0.3% from 2016

Average account balance

$461,356

+2.0% from 2016

Annual return

14.25%

+2.36 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

$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 13 by compensation

Provider	Service type	Compensation
FRONTIER ASSET MANAGEMENT4 years Service code 26 · EIN 83-0331917	Advisory (Participants)	$41,097
ALPHACORE CAPITAL LLC3 years Service code 26 · EIN 47-2314998	Advisory (Participants)	$28,920
MAY BARNHARD INVESTMENTS LLC D3 years Service code 26 · EIN 46-4044042	Advisory (Participants)	$28,813
CREATIVE PLANNING LLC1 year Service code 26 · EIN 43-1270780	Advisory (Participants)	$27,961
SULLIVAN BRUYETTE4 years Service code 26 · EIN 54-1571022	Advisory (Participants)	$26,239
CHARLES SCHWAB & CO., INC.4 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833	Recordkeeping	$22,521
FISHER INVESTMENTS4 years Service code 26 · EIN 20-2480800	Advisory (Participants)	$10,491
SOWELL FINANCIAL SERVICES LLC1 year Service code 26 · EIN 02-0691794	Advisory (Participants)	$9,806
CIBC PRIVATE WEALTH ADVISORS I3 years Service code 26 · EIN 20-0822261	Advisory (Participants)	$8,275
MESIROW FINANCIAL INVESTMENT MANAGE1 year Filed as: MESIROW FINANCIAL INVESTMENT M Service code 26 · EIN 36-3429599	Advisory (Participants)	$5,968

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

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

$262K

$401 / participant

Investment mgmt$198K75.8%
Other / not subdivided$63K24.2%

% of EOY assets

0.061%

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

Metric

This plan

Peer set

Industry

Size

Avg account balance

$461,356

$104,336+342.2%

$159,495+189.3%

$86,828+431.3%

Participation rate

91.6%

77.7%+13.9pp

82.8%+8.7pp

72.3%+19.3pp

Annual return

14.25%

26.32%-12.1pp

263.72%-249.5pp

97.95%-83.7pp

Employer contribution / active EE

$11,862

$3,451+243.7%

$4,831+145.5%

$2,406+393.0%

Participant deferral / active EE

$12,330

$6,837+80.3%

$7,354+67.7%

$4,132+198.4%

Admin fee / account holder

$283

$172+64.4%

$10,804-97.4%

$170+66.9%

Provider

Service type

Compensation

FRONTIER ASSET MANAGEMENT4 years

Service code 26 · EIN 83-0331917

Advisory (Participants)

$41,097

ALPHACORE CAPITAL LLC3 years

Service code 26 · EIN 47-2314998

Advisory (Participants)

$28,920

MAY BARNHARD INVESTMENTS LLC D3 years

Service code 26 · EIN 46-4044042

Advisory (Participants)

$28,813

CREATIVE PLANNING LLC1 year

Service code 26 · EIN 43-1270780

Advisory (Participants)

$27,961

SULLIVAN BRUYETTE4 years

Service code 26 · EIN 54-1571022

Advisory (Participants)

$26,239

CHARLES SCHWAB & CO., INC.4 years

Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC

Service code 15 · EIN 34-1479833

Recordkeeping

$22,521

FISHER INVESTMENTS4 years

Service code 26 · EIN 20-2480800

Advisory (Participants)

$10,491

SOWELL FINANCIAL SERVICES LLC1 year

Service code 26 · EIN 02-0691794

Advisory (Participants)

$9,806

CIBC PRIVATE WEALTH ADVISORS I3 years

Service code 26 · EIN 20-0822261

Advisory (Participants)

$8,275

MESIROW FINANCIAL INVESTMENT MANAGE1 year

Filed as: MESIROW FINANCIAL INVESTMENT M

Service code 26 · EIN 36-3429599

Advisory (Participants)

$5,968

STEPTOE & JOHNSON LLP 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STEPTOE & JOHNSON LLP 401(K) PROFIT SHARING 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