Retirement plan

GORDON REES SCULLY MANSUKHANI, LLP 401(K) RETIREMENT PLAN

Name: GORDAN REES SCULLY MANSUKHANI, LLP - GORDON REES SCULLY MANSUKHANI, LLP 401(K) RETIREMENT PLAN (2020) Form 5500
Creator: GORDAN REES SCULLY MANSUKHANI, LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, GORDON REES SCULLY MANSUKHANI, LLP 401(K) RETIREMENT PLAN, GORDAN REES SCULLY MANSUKHANI, LLP

GORDAN REES SCULLY MANSUKHANI, LLPEIN 94-1617026Plan #001PY 2020

111 BROADWAY, SUITE 1700 - OAKLAND, CA 94607415-986-5900grsm.comLinkedIn1001-5000 employeeslaw practice

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$313.4M

-12.9% from 2016

Total participants

2,018

-6.6% from 2016

Average account balance

$205,612

-7.0% from 2016

Annual return

20.78%

-8.01 pp from 2016

Benchmarks

See 755 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants1,000-4,999

Cohort755 peers

Snapshot2020

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

Analytics

Total assets (EOY)

Plan-year ending balance

$449.53M

Not enough data

1 years with asset history on file

Average account balance

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

$189K

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.

2,383

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.

64.3%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$32.57M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$12K

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

+18.53%

Not enough data

1 years with return on file

Admin fee / account holder

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

$97

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 10 by compensation

Provider	Service type	Compensation
MILLIMAN, INC.6+ years Filed as: MILLIMAN Service code 28 · EIN 91-0675641	Investment Management	$73,731
FISHER INVESTMENTS6+ years Service code 26 · EIN 20-2480800	Advisory (Participants)	$46,493
ASPIRIANT LLC3 years Service code 26 · EIN 26-1518255	Advisory (Participants)	$28,419
GLOBAL RETIREMENT PARTNERS LLC1 year Service code 28 · EIN 47-1411118	Investment Management	$28,000
BINGHAM OSBORN & SCARBOROUGH6+ years Service code 26 · EIN 94-3241802	Advisory (Participants)	$17,658
MOSS ADAMS LLP6+ years Filed as: MOSS ADAMS Service code 10 · EIN 91-0189318	Accounting	$16,700
FIRST REPUBLIC INVESTMENT MGMT4 years Service code 26 · EIN 22-3623353	Advisory (Participants)	$14,204
CHARLES SCHWAB & CO., INC.6+ years Service code 33 · EIN 94-1737782	Direct payment from the plan; Securit...	$3,169
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB & CO INC. AND AFFILI Service code 59	Shareholder Servicing	$0
CHARLES SCHWAB & CO., INC.1 year Filed as: CHARLES SCHWAB TRUST BANK Service code 19 · EIN 82-3967259	Securities Custodian	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2R2T3B3D

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.
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.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$163K

$100 / participant

Investment mgmt$125K76.6%
Other / not subdivided$38K23.4%

% of EOY assets

0.052%

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: MOSS ADAMS, LLP
Auditor EIN: 910189318
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$205,612

$127,481+61.3%

$149,751+37.3%

$90,274+127.8%

Participation rate

69.6%

78.2%-8.6pp

82.5%-12.8pp

73.4%-3.7pp

Annual return

20.78%

57.78%-37.0pp

276.71%-255.9pp

53.97%-33.2pp

Employer contribution / active EE

$4,307

$3,448+24.9%

$4,646-7.3%

$2,523+70.7%

Participant deferral / active EE

$7,370

$6,975+5.7%

$6,843+7.7%

$4,231+74.2%

Admin fee / account holder

$107

$152-29.6%

$9,312-98.9%

$114-6.4%

Provider

Service type

Compensation

MILLIMAN, INC.6+ years

Filed as: MILLIMAN

Service code 28 · EIN 91-0675641

Investment Management

$73,731

FISHER INVESTMENTS6+ years

Service code 26 · EIN 20-2480800

Advisory (Participants)

$46,493

ASPIRIANT LLC3 years

Service code 26 · EIN 26-1518255

Advisory (Participants)

$28,419

GLOBAL RETIREMENT PARTNERS LLC1 year

Service code 28 · EIN 47-1411118

Investment Management

$28,000

BINGHAM OSBORN & SCARBOROUGH6+ years

Service code 26 · EIN 94-3241802

Advisory (Participants)

$17,658

MOSS ADAMS LLP6+ years

Filed as: MOSS ADAMS

Service code 10 · EIN 91-0189318

Accounting

$16,700

FIRST REPUBLIC INVESTMENT MGMT4 years

Service code 26 · EIN 22-3623353

Advisory (Participants)

$14,204

CHARLES SCHWAB & CO., INC.6+ years

Service code 33 · EIN 94-1737782

Direct payment from the plan; Securit...

$3,169

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB & CO INC. AND AFFILI

Service code 59

Shareholder Servicing

CHARLES SCHWAB & CO., INC.1 year

Filed as: CHARLES SCHWAB TRUST BANK

Service code 19 · EIN 82-3967259

Securities Custodian

GORDON REES SCULLY MANSUKHANI, LLP 401(K) RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

GORDON REES SCULLY MANSUKHANI, LLP 401(K) 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