Plan Ledger DOL Form 5500 · updated monthly

Baker Botts L.L.P.401(k)

BAKER BOTTS L.L.P. 401K AND SAVINGS PLAN - PLAN B · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.05%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Baker Botts L.L.P. reported $173,159 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $15,644 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.03% to 0.05%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 239th-largest of 5,688 plans among Texas employers on file, and the 449th of 11,654 in professional & technical services. In 2024, employees put in $1.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$392,095,284
Participants with balances853
Active participants468
Employer contributions$7,321,520
Employee contributions$7,331,863
Employer contribution per active participant$15,644
Average account balance$459,666
Benefits paid to participants$31,885,133
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$392.1M · 853 accts · $7.3M emplr
2023$354.6M · 864 accts · $7.2M emplr
2022$301.1M · 874 accts · $6.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,129
Investment management$124,030
Total administrative$173,159
The Baker Botts L.L.P. 401(k) match · 2024
Employer contribution per active participant$15,644
Median for plans this size$4,294
2024$15,644 per active participant
2023$14,832 per active participant
2022$14,026 per active participant

Baker Botts L.L.P.'s 2024 employer contribution ran above the $4,294 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$173,159 · 0.05%
2023$114,092 · 0.03%
2022$105,933 · 0.03%
All plans at this employer2
BAKER BOTTS L.L.P. 401K AND SAVINGS PLAN - PLAN A401(k)
BAKER BOTTS L.L.P. 401K AND SAVINGS PLAN - PLAN B401(k)
Same employer
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Vinson & Elkins L.L.P. TX$555.9M · 0.15%
Dnv Gl USA, Inc. TX$518.9M · 0.12%
Lja Engineering, Inc. TX$437.4M · 0.05%
Ryan, LLC TX$387.2M · 0.10%
Realpage, Inc TX$365.2M · 0.12%
Haynes and Boone, LLP TX$360.5M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 741195457 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.