Retirement plan

EVERSHEDS SUTHERLAND (US) LLP RETIREMENT PLAN A

Name: EVERSHEDS SUTHERLAND (US) LLP - EVERSHEDS SUTHERLAND (US) LLP RETIREMENT PLAN A (2020) Form 5500
Creator: EVERSHEDS SUTHERLAND (US) LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, EVERSHEDS SUTHERLAND (US) LLP RETIREMENT PLAN A, EVERSHEDS SUTHERLAND (US) LLP

EVERSHEDS SUTHERLAND (US) LLPEIN 58-0619407Plan #001PY 2020

700 SIXTH STREET, NW, SUITE 700 - WASHINGTON, DC 200013980202-383-0100

Other plans on this EIN

4 filings

#005Retirement-$55.9M assets #004Retirement-$19.4M assets #007Retirement-$4.9M assets #008Retirement-$4.9M assets

Prospect flagsHigh feesHigh assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$403M

-3.9% from 2016

Total participants

1,296

-0.8% from 2016

Average account balance

$349,252

-3.4% from 2016

Annual return

15.20%

-8.08 pp from 2016

Benchmarks

See 2,819 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,819 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$437.59M

Not enough data

1 years with asset history on file

Average account balance

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

$374K

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.

1,169

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.

100.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$16.78M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$24K

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

+13.38%

Not enough data

1 years with return on file

Admin fee / account holder

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

$156

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 6 by compensation

Provider	Service type	Compensation
AMERICAN UNITED LIFE INSURANCE CO6+ years Filed as: ONEAMERICA RETIREMENT SERVICES LLC Service code 15 · EIN 46-5378846	Recordkeeping	$272,620
SOL CAPITAL MANAGEMENT COMPANY2 years Service code 28 · EIN 52-1499373	Investment Management	$43,350
MORGAN STANLEY SMITH BARNEY6+ years Service code 28 5565 GLENRIDGE CONNECTOR NE · ATLANTA, GA 30342	Investment Management	$41,459
PRIVATE ADVISOR GROUP LLC2 years Filed as: PRIVATE ADVISOR GROUP, LLC Service code 28 · EIN 27-3463733	Investment Management	$17,420
BMO HARRIS BANK NA6+ years Filed as: BMO HARRIS BANK N.A. Service code 19 · EIN 36-2085229	Securities Custodian	$0
BMO HARRIS BANK NA5 years Filed as: BMO HARRIS BANK, N.A. Service code 19	Securities Custodian	$0

Plan features & details

Pension benefit codes2E2F2G2J2K2R2S2T3B

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.
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.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
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

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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

$375K

$448 / participant

Investment mgmt$102K27.3%
Other / not subdivided$273K72.7%

% of EOY assets

0.093%

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: CROWE, LLP
Auditor EIN: 350921680
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$349,252

$100,801+246.5%

$149,751+133.2%

$73,415+375.7%

Participation rate

83.0%

77.7%+5.3pp

82.5%+0.6pp

72.2%+10.9pp

Annual return

15.20%

265.34%-250.1pp

276.71%-261.5pp

59.30%-44.1pp

Employer contribution / active EE

$5,163

$3,312+55.9%

$4,646+11.1%

$2,234+131.1%

Participant deferral / active EE

$10,748

$6,404+67.8%

$6,843+57.1%

$3,806+182.4%

Admin fee / account holder

$325

$181+79.6%

$9,312-96.5%

$158+105.7%

Provider

Service type

Compensation

AMERICAN UNITED LIFE INSURANCE CO6+ years

Filed as: ONEAMERICA RETIREMENT SERVICES LLC

Service code 15 · EIN 46-5378846

Recordkeeping

$272,620

SOL CAPITAL MANAGEMENT COMPANY2 years

Service code 28 · EIN 52-1499373

Investment Management

$43,350

MORGAN STANLEY SMITH BARNEY6+ years

Service code 28

5565 GLENRIDGE CONNECTOR NE · ATLANTA, GA 30342

Investment Management

$41,459

PRIVATE ADVISOR GROUP LLC2 years

Filed as: PRIVATE ADVISOR GROUP, LLC

Service code 28 · EIN 27-3463733

Investment Management

$17,420

BMO HARRIS BANK NA6+ years

Filed as: BMO HARRIS BANK N.A.

Service code 19 · EIN 36-2085229

Securities Custodian

BMO HARRIS BANK NA5 years

Filed as: BMO HARRIS BANK, N.A.

Service code 19

Securities Custodian

EVERSHEDS SUTHERLAND (US) LLP RETIREMENT PLAN A

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

EVERSHEDS SUTHERLAND (US) LLP RETIREMENT PLAN A

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