Retirement plan

VINSON & ELKINS L. L. P. RETIREMENT PLAN A

Name: VINSON & ELKINS L.L.P. - VINSON & ELKINS L. L. P. RETIREMENT PLAN A (2017) Form 5500
Creator: VINSON & ELKINS L.L.P.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, VINSON & ELKINS L. L. P. RETIREMENT PLAN A, VINSON & ELKINS L.L.P.

VINSON & ELKINS L.L.P.EIN 74-1183015Plan #002PY 2017

1001 FANNIN STREET, SUITE 2500 - HOUSTON, TX 77002713-758-3819velaw.comLinkedIn1001-5000 employeeslaw practice

Other plans on this EIN

4 filings

#003Retirement-$230.2M assets #001Retirement-$164.3M assets #011Retirement-$43.5M assets #012Retirement-$43.5M assets

Prospect flagsHigh feesHigh assets / participantCorrective distributions

Top hat statement on fileNQDC

Filed May 17, 2007

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

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Total assets (EOY)

$489.6M

+14.2% from 2016

Total participants

1,192

+0.3% from 2016

Average account balance

$414,179

+13.7% from 2016

Annual return

16.95%

+8.19 pp from 2016

Benchmarks

See 2,615 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort2,615 peers

Snapshot2017

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Analytics

Total assets (EOY)

Plan-year ending balance

$556.04M

Not enough data

1 years with asset history on file

Average account balance

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

$403K

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.

1,379

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.

97.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$20.01M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$27K

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

+12.74%

Not enough data

1 years with return on file

Admin fee / account holder

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

$577

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

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Service providers

Top 5 by compensation

Provider	Service type	Compensation
MERCER2 years Filed as: MERCER INVESTMENT MANAGEMENT Service code 51 · EIN 30-0284340	Investment Mgmt Fees	$368,242
NORTHERN TRUST COMPANY1 year Filed as: NORTHERN TRUST Service code 19 · EIN 36-1561860	Securities Custodian	$146,327
THE VANGUARD GROUP, INC.2 years Service code 15 · EIN 23-1945930	Recordkeeping	$117,406
MORGAN STANLEY SMITH BARNEY1 year Filed as: JP MORGAN Service code 19 · EIN 13-4994650	Securities Custodian	$71,193
PRICEWATERHOUSECOOPERS LLP3+ years Service code 10 · EIN 13-4008324	Accounting	$63,500

Plan features & details

Pension benefit codes2E2F2H2J2K2T3B

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).
2H
Partial participant-directed account plan
Participants have the opportunity to direct the investment of a portion 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.
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

$767K

$1084 / participant

Other / not subdivided$767K100.0%

% of EOY assets

0.157%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.

Auditor firm: PRICEWATERHOUSECOOPERS LLP
Auditor EIN: 134008324
Audit fees: (not subdivided)
Opinion code: Disclaimer

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$414,179

$155,795+165.8%

$136,294+203.9%

$69,631+494.8%

Participation rate

98.6%

75.2%+23.3pp

81.9%+16.7pp

70.7%+27.9pp

Annual return

16.95%

232464.33%-232447.4pp

5155.94%-5139.0pp

27571.02%-27554.1pp

Employer contribution / active EE

$7,231

$2,991+141.8%

$4,695+54.0%

$2,032+255.9%

Participant deferral / active EE

$13,236

$5,394+145.4%

$6,247+111.9%

$3,224+310.6%

Admin fee / account holder

$649

$128+405.8%

$9,243-93.0%

$110+487.3%

Provider

Service type

Compensation

MERCER2 years

Filed as: MERCER INVESTMENT MANAGEMENT

Service code 51 · EIN 30-0284340

Investment Mgmt Fees

$368,242

NORTHERN TRUST COMPANY1 year

Filed as: NORTHERN TRUST

Service code 19 · EIN 36-1561860

Securities Custodian

$146,327

THE VANGUARD GROUP, INC.2 years

Service code 15 · EIN 23-1945930

Recordkeeping

$117,406

MORGAN STANLEY SMITH BARNEY1 year

Filed as: JP MORGAN

Service code 19 · EIN 13-4994650

Securities Custodian

$71,193

PRICEWATERHOUSECOOPERS LLP3+ years

Service code 10 · EIN 13-4008324

Accounting

$63,500

VINSON & ELKINS L. L. P. RETIREMENT PLAN A

Top hat statement on fileNQDC

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

VINSON & ELKINS L. L. P. RETIREMENT PLAN A

Top hat statement on fileNQDC

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