Plan Ledger DOL Form 5500 · updated monthly

Davis Polk & Wardwell LLP401(k)

DAVIS POLK PARTNERS/STAFF SAVINGS PLAN · NEW YORK, NY · plan year 2024

Employer contribution per participant · 2024
$8,611

Davis Polk & Wardwell 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 $741,646,786 across 1,935 participant accounts, with employer contributions averaging $8,611 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 156th-largest of 5,648 plans among New York employers on file, and the 245th of 11,654 in professional & technical services. In 2024, employees put in $1.74 for every $1.00 the employer contributed; active participation has grown from 1,036 to 1,204 since 2022.

Plan summary
Net assets, end of year$741,646,786
Participants with balances1,935
Active participants1,204
Employer contributions$10,367,346
Employee contributions$18,055,715
Employer contribution per active participant$8,611
Average account balance$383,280
Benefits paid to participants$33,437,972
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$741.6M · 1,935 accts · $10.4M emplr
2023$632.3M · 1,778 accts · $7.8M emplr
2022$523.1M · $8.8M emplr
The Davis Polk & Wardwell LLP 401(k) match · 2024
Employer contribution per active participant$8,611
Median for plans this size$4,294
2024$8,611 per active participant
2023$7,188 per active participant
2022$8,528 per active participant

Davis Polk & Wardwell LLP'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.

Administrative cost history3
2024Not separately reported
2023Not separately reported
2022Not separately reported
All plans at this employer3
DAVIS POLK PROFIT SHARING PLAN FOR PARTNERS, COUNSEL AND CHIEFSProfit-sharing plan
DAVIS POLK PARTNERS/STAFF SAVINGS PLAN401(k)
DAVIS POLK ASSOCIATES SAVINGS PLAN401(k)
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 135023295 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.