Retirement plan

TROUTMAN SANDERS LLP CASH OR DEFERRED PROFIT SHARING PLAN

Name: TROUTMAN SANDERS LLP - TROUTMAN SANDERS LLP CASH OR DEFERRED PROFIT SHARING PLAN (2019) Form 5500
Creator: TROUTMAN SANDERS LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TROUTMAN SANDERS LLP CASH OR DEFERRED PROFIT SHARING PLAN, TROUTMAN SANDERS LLP

TROUTMAN SANDERS LLPEIN 58-0946915Plan #001PY 2019

600 PEACHTREE ST NE, SUITE 3000 - ATLANTA, GA 303082216404-885-3000

Other plans on this EIN

1 filing

#007Retirement-$70.3M assets

Prospect flagsHigh retiree %Low returnsHigh assets / participant

How to read this page

Total assets (EOY)

$489.3M

-15.5% from 2016

Total participants

1,979

-3.5% from 2016

Average account balance

$254,062

-12.0% from 2016

Annual return

20.85%

-16.81 pp from 2016

Benchmarks

See 733 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort733 peers

Snapshot2019

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

Analytics

Total assets (EOY)

Plan-year ending balance

$1.19B

Not enough data

1 years with asset history on file

Average account balance

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

$353K

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.

3,359

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.

73.7%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$58.40M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$20K

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

+14.97%

Not enough data

1 years with return on file

Admin fee / account holder

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

$84

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 2 by compensation

Provider	Service type	Compensation
WELLS FARGO BANK, N.A.5+ years Filed as: WELLS FARGO BANK NA Service code 15 · EIN 94-1347393	Recordkeeping	$214,233
DIMEO SCHNEIDER & ASSOCIATES LLC2 years Service code 27 · EIN 36-4001764	Advisory (Plan)	$89,124

Plan features & details

Pension benefit codes2E2G2J2R2T3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
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.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.
InformationalHigh retiree %
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

Expense breakdown

Schedule H Part II

Admin total

$304K

$209 / participant

Investment mgmt$304K100.0%

% of EOY assets

0.062%

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: WARREN AVERETT, LLC
Auditor EIN: 454084437
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$254,062

$101,523+150.3%

$141,200+79.9%

$77,775+226.7%

Participation rate

96.3%

77.4%+19.0pp

82.5%+13.9pp

73.2%+23.1pp

Annual return

20.85%

56.22%-35.4pp

71.41%-50.6pp

32.58%-11.7pp

Employer contribution / active EE

$9,773

$3,341+192.5%

$4,736+106.3%

$2,504+290.3%

Participant deferral / active EE

$9,415

$6,434+46.3%

$6,710+40.3%

$3,966+137.4%

Admin fee / account holder

$158

$92+72.3%

$10,265-98.5%

$100+57.6%

Provider

Service type

Compensation

WELLS FARGO BANK, N.A.5+ years

Filed as: WELLS FARGO BANK NA

Service code 15 · EIN 94-1347393

Recordkeeping

$214,233

DIMEO SCHNEIDER & ASSOCIATES LLC2 years

Service code 27 · EIN 36-4001764

Advisory (Plan)

$89,124

TROUTMAN SANDERS LLP CASH OR DEFERRED PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TROUTMAN SANDERS LLP CASH OR DEFERRED 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