Retirement plan

IRELL & MANELLA PROFIT SHARING PLAN

Name: IRELL & MANELLA LLP - IRELL & MANELLA PROFIT SHARING PLAN (2016) Form 5500
Creator: IRELL & MANELLA LLP
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, IRELL & MANELLA PROFIT SHARING PLAN, IRELL & MANELLA LLP

IRELL & MANELLA LLPEIN 95-1946111Plan #001PY 2016

1800 AVENUE OF THE STARS, SUITE 900 - LOS ANGELES, CA 900674211310-277-1010irell.comLinkedIn201-500 employeeslaw practice

Other plans on this EIN

2 filings

#002Retirement-$16.1M assets #004Retirement-$14.0M assets

Prospect flagsHigh feesHigh assets / participant

How to read this page

Total assets (EOY)

$139.4M

-7.7% from 2016

Total participants

355

-5.6% from 2016

Average account balance

$458,561

-5.5% from 2016

Annual return

9.23%

-7.91 pp from 2016

Benchmarks

See 5,032 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,032 peers

Snapshot2016

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

Analytics

Total assets (EOY)

Plan-year ending balance

$220.69M

Not enough data

1 years with asset history on file

Average account balance

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

$1.0M

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.

220

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.

94.6%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.90M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$35K

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

+16.39%

Not enough data

1 years with return on file

Admin fee / account holder

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

$82

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 10 of 11 by compensation

Provider	Service type	Compensation
UBS FINANCIAL SERVICES INC1 year Filed as: UBS FINANCIAL SERVICES INC. Service code 27 · EIN 13-2638166	Advisory (Plan)	$44,595
OPPENHEIMER2+ years Filed as: OPPENHEIMER ASSET MANAGMENT Service code 27 · EIN 13-5657518	Advisory (Plan)	$31,613
RBC GLOBAL ASSET MANAGEMENT2+ years Filed as: CITY NATIONAL BANK Service code 27 · EIN 95-1780067	Advisory (Plan)	$20,795
SANFORD ADVISORY SERVICES1 year Filed as: SANFORD BERSTEIN Service code 27 · EIN 13-4064930	Advisory (Plan)	$10,636
NORTHWESTERN MUTUAL INVESTMENT SERV1 year Filed as: NORTHWESTERN MUTUAL Service code 27 · EIN 52-2114207	Advisory (Plan)	$10,372
TALON ASSET MANAGEMENT2+ years Service code 27 · EIN 20-3708262	Advisory (Plan)	$7,624
BEL AIR INVESTMENT ADVISORS, LLC1 year Filed as: BEL AIR INVESTMENT ADVISORS LLS Service code 27 · EIN 46-3936165	Advisory (Plan)	$5,839
ONEDIGITAL INVESTMENT ADVISORS LLC2+ years Filed as: ONE AMERICA RETIREMENT SERVICES LLC Service code 21 · EIN 46-5378846	Bank Trustee	$3,623
MATRIX TRUST COMPANY2+ years Filed as: MG TRUST COMPANY / MATRIX TRUST CO Service code 62	Float revenue	$0
TD AMERITRADE, INC.1 year Filed as: TD AMERITRADE, INC Service code 59	Shareholder Servicing	$0

Plan features & details

Pension benefit codes2A2E2F2G2J2R2T3B3H

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.
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

2 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$140K

$780 / participant

Investment mgmt$136K97.1%
Contract admin$4K2.6%
Other / not subdivided$4760.3%

% of EOY assets

0.100%

all-in expense ratio

Categories reported

2 / 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: HOLTHOUSE CARLIN & VAN TRIGT LLP
Auditor EIN: 954345526
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$458,561

$75,183+509.9%

$123,894+270.1%

$55,167+731.2%

Participation rate

71.5%

72.8%-1.3pp

81.4%-9.9pp

69.0%+2.5pp

Annual return

9.23%

19.01%-9.8pp

47.52%-38.3pp

169.23%-160.0pp

Employer contribution / active EE

$13,481

$2,823+377.5%

$4,617+192.0%

$1,963+586.9%

Participant deferral / active EE

$10,433

$5,084+105.2%

$5,984+74.3%

$3,054+241.6%

Admin fee / account holder

$459

$663-30.7%

$8,357-94.5%

$504-8.8%

Provider

Service type

Compensation

UBS FINANCIAL SERVICES INC1 year

Filed as: UBS FINANCIAL SERVICES INC.

Service code 27 · EIN 13-2638166

Advisory (Plan)

$44,595

OPPENHEIMER2+ years

Filed as: OPPENHEIMER ASSET MANAGMENT

Service code 27 · EIN 13-5657518

Advisory (Plan)

$31,613

RBC GLOBAL ASSET MANAGEMENT2+ years

Filed as: CITY NATIONAL BANK

Service code 27 · EIN 95-1780067

Advisory (Plan)

$20,795

SANFORD ADVISORY SERVICES1 year

Filed as: SANFORD BERSTEIN

Service code 27 · EIN 13-4064930

Advisory (Plan)

$10,636

NORTHWESTERN MUTUAL INVESTMENT SERV1 year

Filed as: NORTHWESTERN MUTUAL

Service code 27 · EIN 52-2114207

Advisory (Plan)

$10,372

TALON ASSET MANAGEMENT2+ years

Service code 27 · EIN 20-3708262

Advisory (Plan)

$7,624

BEL AIR INVESTMENT ADVISORS, LLC1 year

Filed as: BEL AIR INVESTMENT ADVISORS LLS

Service code 27 · EIN 46-3936165

Advisory (Plan)

$5,839

ONEDIGITAL INVESTMENT ADVISORS LLC2+ years

Filed as: ONE AMERICA RETIREMENT SERVICES LLC

Service code 21 · EIN 46-5378846

Bank Trustee

$3,623

MATRIX TRUST COMPANY2+ years

Filed as: MG TRUST COMPANY / MATRIX TRUST CO

Service code 62

Float revenue

TD AMERITRADE, INC.1 year

Filed as: TD AMERITRADE, INC

Service code 59

Shareholder Servicing

IRELL & MANELLA PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

IRELL & MANELLA 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