Retirement plan

STOEL RIVES RETIREMENT PLAN

Name: STOEL RIVES LLP - STOEL RIVES RETIREMENT PLAN (2023) Form 5500
Creator: STOEL RIVES LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, STOEL RIVES RETIREMENT PLAN, STOEL RIVES LLP

STOEL RIVES LLPEIN 93-0408771Plan #333PY 2023

760 SW NINTH AVENUE, SUITE 3000 - PORTLAND, OR 97205503-294-9484stoel.comLinkedIn501-1000 employeeslaw practice

Other plans on this EIN

1 filing

#012Retirement-$34.3M assets

Prospect flagsLow returnsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$536.6M

+6.2% from 2022

Total participants

1,336

-4.1% from 2022

Average account balance

$410,239

+9.3% from 2022

Annual return

12.18%

+22.92 pp from 2022

Benchmarks

See 3,240 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants250-999

Cohort3,240 peers

Snapshot2023

See peer percentile detail. $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.

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Analytics

Total assets (EOY)

Plan-year ending balance

$560.35M

Not enough data

1 years with asset history on file

Average account balance

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

$430K

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.

1,303

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.

96.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$17.65M

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

+11.14%

Not enough data

1 years with return on file

Admin fee / account holder

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

$544

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 6 by compensation

Provider	Service type	Compensation
MEKETA INVESTMENT GROUP9+ years Service code 27 411 NW PARK AVENUE · PORTLAND, OR 97209	Advisory (Plan)	$276,750
JP MORGAN INVESTMENT MANAGEMENT INC8 years Filed as: WCM INVESTMENT MANAGEMENT Service code 28 281 BROOKS STREET · LAGUNA BEACH, CA 92651	Investment Management	$185,381
PRINCIPAL LIFE INSURANCE COMPANY2 years Filed as: PRINCIPAL BANK Service code 21 · EIN 42-1466678	Bank Trustee	$143,882
MATRIX TRUST COMPANY2 years Filed as: MATRIX TRUST Service code 21 · EIN 51-0099033	Bank Trustee	$18,597
VULCAN VALUE PARTNERS8 years Filed as: VULCAN VALUE PARTNERS LLC Service code 28 2801 HIGHWAY 280 SOUTH · BIRMINGHAM, AL 35223	Investment Management	$13,618
BAKER ELLIS ASSET MANAGEMENT9+ years Service code 26 · EIN 75-2997594	Advisory (Participants)	$8,534

Plan features & details

Pension benefit codes2E2F2H2J2R

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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.

Opportunity flags

3 tripped

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

Expense breakdown

Schedule H Part II

Admin total

$676K

$1034 / participant

Trustee / custodial$191K28.3%
Investment mgmt$485K71.7%

% of EOY assets

0.126%

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: GEFFEN MESHER & COMPANY, PC
Auditor EIN: 931042710
Audit fees: (not subdivided)
Opinion code: Unqualified

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$410,239

$95,274+330.6%

$135,903+201.9%

$74,419+451.3%

Participation rate

95.7%

78.2%+17.5pp

81.9%+13.8pp

70.7%+25.0pp

Annual return

12.18%

32.77%-20.6pp

68.23%-56.0pp

34.38%-22.2pp

Employer contribution / active EE

$13,793

$3,874+256.0%

$4,856+184.0%

$2,637+423.0%

Participant deferral / active EE

$11,598

$7,782+49.0%

$7,758+49.5%

$4,528+156.1%

Admin fee / account holder

$517

$266+94.3%

$10,762-95.2%

$348+48.6%

Provider

Service type

Compensation

MEKETA INVESTMENT GROUP9+ years

Service code 27

411 NW PARK AVENUE · PORTLAND, OR 97209

Advisory (Plan)

$276,750

JP MORGAN INVESTMENT MANAGEMENT INC8 years

Filed as: WCM INVESTMENT MANAGEMENT

Service code 28

281 BROOKS STREET · LAGUNA BEACH, CA 92651

Investment Management

$185,381

PRINCIPAL LIFE INSURANCE COMPANY2 years

Filed as: PRINCIPAL BANK

Service code 21 · EIN 42-1466678

Bank Trustee

$143,882

MATRIX TRUST COMPANY2 years

Filed as: MATRIX TRUST

Service code 21 · EIN 51-0099033

Bank Trustee

$18,597

VULCAN VALUE PARTNERS8 years

Filed as: VULCAN VALUE PARTNERS LLC

Service code 28

2801 HIGHWAY 280 SOUTH · BIRMINGHAM, AL 35223

Investment Management

$13,618

BAKER ELLIS ASSET MANAGEMENT9+ years

Service code 26 · EIN 75-2997594

Advisory (Participants)

$8,534

STOEL RIVES RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

STOEL RIVES RETIREMENT 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