Plan Ledger DOL Form 5500 · updated monthly

Cleary Gottlieb Steen & Hamilton LLP401(k)

CLEARY GOTTLIEB STEEN & HAMILTON LLP TAX OPPORTUNITY PLAN FOR SAVINGS (PLAN B) · NEW YORK, NY · plan year 2024

Employer contribution per participant · 2024
$6,716

Cleary Gottlieb Steen & Hamilton LLP's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $563,468,308 across 2,149 participant accounts, with employer contributions averaging $6,716 per active participant. See methodology for what Form 5500 does and doesn't capture.

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 206th-largest of 5,648 plans among New York employers on file, and the 316th of 11,654 in professional & technical services. In 2024, employees put in $2.08 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$563,468,308
Participants with balances2,149
Active participants1,025
Employer contributions$6,884,410
Employee contributions$14,299,617
Employer contribution per active participant$6,716
Average account balance$262,200
Benefits paid to participants$43,674,501
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$563.5M · 2,149 accts · $6.9M emplr
2023$497.5M · 2,226 accts · $7.2M emplr
2022$405.4M · 2,191 accts · $6.6M emplr
The Cleary Gottlieb Steen & Hamilton LLP 401(k) match · 2024
Employer contribution per active participant$6,716
Median for plans this size$4,294
2024$6,716 per active participant
2023$8,879 per active participant
2022$5,931 per active participant

Cleary Gottlieb Steen & Hamilton LLP's 2024 employer contribution ran above the $4,294 median for plans its size. 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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
All plans at this employer2
CLEARY GOTTLIEB STEEN & HAMILTON LLP TAX OPPORTUNITY PLAN FOR SAVINGS (PLAN A)401(k)
CLEARY GOTTLIEB STEEN & HAMILTON LLP TAX OPPORTUNITY PLAN FOR SAVINGS (PLAN B)401(k)
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 135599083 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.