Overview

Plan Rating

BrightScope Rating
87
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (52)
Average in Peer Group (80)
Highest in Peer Group (91)

Plan Description

Faegre Baker Daniels Retirement Savings Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 87, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, Salary Deferral, and Total Plan Cost. Faegre Baker Daniels Retirement Savings Plan currently has over 1,900 active participants and over $580.2M in plan assets.

Did you know?

For the average 401k participant, the 4 point difference between this plan's BrightScope Rating (87) and the top rated plan (91) could equate to:
4
Additional years of work
*The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2018
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 2200 Wells Fargo Center 90 South 7th Street
  • Location
    Minneapolis , MN
  • 55402
  • Industry
    Offices of Lawyers
  • Net Plan Assets
    $580,000,000
  • Total Participants
    2,000
  • Avg Account Balance
    $340,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Great

Performance

Participation Rate:
Average
Salary Deferrals:
Great
Account Balance:
Great

Design

Total Plan Cost:
Lowest Fees
Company Generosity:
Great

Performance

Participation Rate:
Below Avg.
Salary Deferrals:
Great
Account Balance:
Great

Peer Group Plans

Company Rating
Cooley LLP 88.0
Alston & Bird, LLP 87.2
Denton US LLP 86.4
White & Case LLP 86.2
McGuireWoods LLP 84.1
Norton Rose Fulbright US LLP 82.4

Top Industry Articles

Investments

Investment Menu Stats

# of Investment Options

28

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
Self-Directed Brokerage Accounts 23%
N/A
Vanguard Group Institutional Target Retirement 19%
12%
Vanguard Total Stock Market Index 12%
28%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Investment Adviser
RBC Wealth Management
Investment Adviser
Charles Schwab
Recordkeeper
Charles Schwab
Investment Adviser
Morgan Stanley
Recordkeeper
Morgan Stanley
Investment Adviser
Obermeyer Wood Investment Counsel
Investment Adviser
Riverbridge Partners, LLC
Investment Adviser
Sns Financial Group LLC
Investment Adviser
UBS Financial Services, Inc.
Investment Adviser
Wells Fargo
Investment Adviser
Raymond James & Associates, Inc.
Investment Adviser
Allodium Investment Consultant
Investment Adviser
Galecki Financial Mgmt
Investment Adviser
Lee Munder Capital Group, LLC
Investment Adviser
Wealthpoint Advisors LLC
Investment Adviser
Compass Capital Management Inc.
Investment Adviser
Kdm Investment Management Inc
Investment Adviser
Lwi Financial
Investment Adviser
AllianceBernstein
Investment Adviser
NW Mutual / Pershing-Acd
Investment Adviser
Private Capital Management LLC
Auditor
McGladrey Wealth Management LLC

Articles and Questions

Boeing Plan Report (Updated)

Boeing Fee Settlement Highlights the High Bar for Large Plans

Boeing Offers a Near Perfect Retirement Plan ModelIn most respects Boeing’s retirement offering is a great model of how to run a large retirement plan. Participants in Boeing’s 401(k) plan are beneficiaries of a participant-friendly design with immediate access, automatic enrollment, immediate ves

Why Do Investment Expenses Matter?
Have a question about retirement plans?
Our community of registered financial advisors are standing by to share their experience.
Ask a question