Retirement plan

ARNOLD & PORTER PROFIT-SHARING AND 401(K) PLAN AND TRUST

Name: ARNOLD & PORTER KAYE SCHOLER LLP - ARNOLD & PORTER PROFIT-SHARING AND 401(K) PLAN AND TRUST (2024) Form 5500
Creator: ARNOLD & PORTER KAYE SCHOLER LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ARNOLD & PORTER PROFIT-SHARING AND 401(K) PLAN AND TRUST, ARNOLD & PORTER KAYE SCHOLER LLP

ARNOLD & PORTER KAYE SCHOLER LLPEIN 53-0208605Plan #001PY 2024

601 MASSACHUSETTS AVE., N.W. - WASHINGTON, DC 200013743202-942-5000

Other plans on this EIN

1 filing

#047Retirement-$208.9M assets

Prospect flagsHigh assets / participantFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$1579.5M

+17.1% from 2023

Total participants

3,061

+0.3% from 2023

Average account balance

$529,336

+16.9% from 2023

Annual return

18.11%

-2.40 pp from 2023

Benchmarks

See 951 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort951 peers

Snapshot2024

See peer percentile detail. $4.99 for your first month.

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Analytics

Total assets (EOY)

Plan-year ending balance

$1.58B

Not enough data

1 years with asset history on file

Average account balance

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

$529K

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.

2,984

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.

95.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$53.44M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$30K

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

+18.11%

Not enough data

1 years with return on file

Admin fee / account holder

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

$197

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

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 10 of 22 by compensation

Provider	Service type	Compensation
CHARLES SCHWAB & CO., INC.3 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833	Recordkeeping	$108,445
JPMORGAN INVEST HOLDINGS LLC5 years Filed as: CHEVY CHASE TRUST COMPANY Service code 26 · EIN 52-2037618	Advisory (Participants)	$87,840
FRONTIER ASSET MANAGEMENT6 years Service code 26 · EIN 83-0331917	Advisory (Participants)	$50,892
BAIRD FUNDS5 years Filed as: ROBERT W BAIRD & CO Service code 26 · EIN 39-6037917	Advisory (Participants)	$43,520
LMCG INVESTMENTS LLC5 years Service code 26 · EIN 27-0282607	Advisory (Participants)	$30,147
MIRACLE MILE ADVISORS LLC1 year Service code 26 · EIN 20-8196553	Advisory (Participants)	$26,259
INVICTUS PRIVATE WEALTH LLC3 years Service code 26 · EIN 88-1075317	Advisory (Participants)	$24,502
ASPIRIANT LLC5 years Service code 26 · EIN 26-1518255	Advisory (Participants)	$23,811
TRUEPOINT INC5 years Service code 26 · EIN 31-1306367	Advisory (Participants)	$23,513
CRANBROOK WEALTH MANAGEMENT10+ years Service code 26 · EIN 20-1198595	Advisory (Participants)	$22,549

Plan features & details

Pension benefit codes2A2E2F2G2J2R2S2T3B

Plan features

2A
Age/service weighted or new comparability plan
Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
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.
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

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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

$589K

$330 / participant

Recordkeeping$61K10.3%
Investment mgmt$529K89.7%

% of EOY assets

0.037%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: BAKER TILLY US, LLP
Auditor EIN: 301413443
Audit fees: (not subdivided)
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$529,336

$122,186+333.2%

$146,958+260.2%

$199,593+165.2%

Participation rate

95.7%

78.3%+17.4pp

82.2%+13.5pp

72.0%+23.7pp

Annual return

18.11%

30.56%-12.5pp

418.34%-400.2pp

34.25%-16.1pp

Employer contribution / active EE

$12,944

$4,093+216.2%

$4,933+162.4%

$3,034+326.6%

Participant deferral / active EE

$16,946

$8,502+99.3%

$8,070+110.0%

$5,087+233.1%

Admin fee / account holder

$197

$179+10.5%

$12,998-98.5%

$269-26.5%

Provider

Service type

Compensation

CHARLES SCHWAB & CO., INC.3 years

Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC

Service code 15 · EIN 34-1479833

Recordkeeping

$108,445

JPMORGAN INVEST HOLDINGS LLC5 years

Filed as: CHEVY CHASE TRUST COMPANY

Service code 26 · EIN 52-2037618

Advisory (Participants)

$87,840

FRONTIER ASSET MANAGEMENT6 years

Service code 26 · EIN 83-0331917

Advisory (Participants)

$50,892

BAIRD FUNDS5 years

Filed as: ROBERT W BAIRD & CO

Service code 26 · EIN 39-6037917

Advisory (Participants)

$43,520

LMCG INVESTMENTS LLC5 years

Service code 26 · EIN 27-0282607

Advisory (Participants)

$30,147

MIRACLE MILE ADVISORS LLC1 year

Service code 26 · EIN 20-8196553

Advisory (Participants)

$26,259

INVICTUS PRIVATE WEALTH LLC3 years

Service code 26 · EIN 88-1075317

Advisory (Participants)

$24,502

ASPIRIANT LLC5 years

Service code 26 · EIN 26-1518255

Advisory (Participants)

$23,811

TRUEPOINT INC5 years

Service code 26 · EIN 31-1306367

Advisory (Participants)

$23,513

CRANBROOK WEALTH MANAGEMENT10+ years

Service code 26 · EIN 20-1198595

Advisory (Participants)

$22,549

ARNOLD & PORTER PROFIT-SHARING AND 401(K) PLAN AND TRUST

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ARNOLD & PORTER PROFIT-SHARING AND 401(K) PLAN AND TRUST

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