Retirement plan

STEPTOE & JOHNSON LLP PROFIT SHARING PLAN FOR CLASS O EMPLOYEES

Name: STEPTOE & JOHNSON LLP - STEPTOE & JOHNSON LLP PROFIT SHARING PLAN FOR CLASS O EMPLOYEES (2018) Form 5500
Creator: STEPTOE & JOHNSON LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STEPTOE & JOHNSON LLP PROFIT SHARING PLAN FOR CLASS O EMPLOYEES, STEPTOE & JOHNSON LLP

STEPTOE & JOHNSON LLPEIN 52-1349790Plan #006PY 2018

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

Other plans on this EIN

3 filings

#001Retirement-$201.8M assets #004Retirement-$95.4M assets #005Retirement-$21.0M assets

Prospect flagsHigh cashHigh assets / participantWind-down / frozen

How to read this page

Total assets (EOY)

$106.3M

-5.8% from 2016

Total participants

417

-0.5% from 2016

Average account balance

$275,483

-4.4% from 2016

Annual return

-3.93%

-5.97 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

Not enough data

1 years with asset history on file

Average account balance

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

Not enough data

0 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

Not enough data

0 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

Not enough data

0 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

-98.08%

Not enough data

1 years with return on file

Admin fee / account holder

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

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

0 years with F_SCH_H allocation on file

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

Service providers

Top 8 by compensation

Provider	Service type	Compensation
FRONTIER ASSET MANAGEMENT2 years Service code 26 · EIN 83-0331917	Advisory (Participants)	$18,681
SULLIVAN BRUYETTE1 year Service code 26 · EIN 54-1571022	Advisory (Participants)	$18,400
INTERWEALTH MANAGEMENT LLC2 years Filed as: INTERWEALTH MANAGEMENT, LLC Service code 26 · EIN 27-4375375	Advisory (Participants)	$12,890
LAKE PARTNERS, INC.2 years Service code 26 · EIN 06-1258811	Advisory (Participants)	$12,885
CHARLES SCHWAB & CO., INC.2 years Service code 33 · EIN 94-1737782	Shareholder servicing fees; Direct pa...	$12,342
FISHER INVESTMENTS1 year Service code 26 · EIN 20-2480800	Advisory (Participants)	$9,937
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB & CO. INC. AND AFFIL Service code 59	Shareholder Servicing	$0
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB BANK Service code 25 · EIN 42-1558009	Directed Trustee	$0

Plan features & details

Pension benefit codes2E2F2G2R2T3B

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.
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

3 tripped

OpportunityHigh cash
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.
InformationalWind-down / frozen
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Expense breakdown

Schedule H Part II

Admin total

$93K

$272 / participant

Investment mgmt$89K95.8%
Other / not subdivided$4K4.2%

% of EOY assets

0.087%

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

$275,483

$75,388+265.4%

$123,553+123.0%

$55,727+394.3%

Participation rate

90.9%

75.7%+15.2pp

82.3%+8.6pp

70.9%+20.1pp

Annual return

-3.93%

4.48%-8.4pp

119.21%-123.1pp

244.94%-248.9pp

Employer contribution / active EE

$3,063-100.0%

$4,628-100.0%

$2,078-100.0%

Participant deferral / active EE

$5,651-100.0%

$6,426-100.0%

$3,356-100.0%

Admin fee / account holder

$240

$120+100.3%

$9,284-97.4%

$115+108.3%

Provider

Service type

Compensation

FRONTIER ASSET MANAGEMENT2 years

Service code 26 · EIN 83-0331917

Advisory (Participants)

$18,681

SULLIVAN BRUYETTE1 year

Service code 26 · EIN 54-1571022

Advisory (Participants)

$18,400

INTERWEALTH MANAGEMENT LLC2 years

Filed as: INTERWEALTH MANAGEMENT, LLC

Service code 26 · EIN 27-4375375

Advisory (Participants)

$12,890

LAKE PARTNERS, INC.2 years

Service code 26 · EIN 06-1258811

Advisory (Participants)

$12,885

CHARLES SCHWAB & CO., INC.2 years

Service code 33 · EIN 94-1737782

Shareholder servicing fees; Direct pa...

$12,342

FISHER INVESTMENTS1 year

Service code 26 · EIN 20-2480800

Advisory (Participants)

$9,937

CHARLES SCHWAB & CO., INC.1 year

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

Service code 59

Shareholder Servicing

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB BANK

Service code 25 · EIN 42-1558009

Directed Trustee

STEPTOE & JOHNSON LLP PROFIT SHARING PLAN FOR CLASS O EMPLOYEES

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STEPTOE & JOHNSON LLP PROFIT SHARING PLAN FOR CLASS O EMPLOYEES

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