Plan Ledger DOL Form 5500 · updated monthly

Dechert LLP401(k)

DECHERT LLP SALARY SAVINGS PLAN · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Dechert LLP reported $124,791 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $502 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 fell from 0.05% to 0.03%. 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 172nd-largest of 3,651 plans among Pennsylvania employers on file, and the 398th of 11,654 in professional & technical services. In 2024, employees put in $32.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$442,229,842
Participants with balances1,858
Active participants1,286
Employer contributions$644,958
Employee contributions$20,639,395
Employer contribution per active participant$502
Average account balance$238,014
Benefits paid to participants$35,077,148
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$442.2M · 1,858 accts · $645K emplr
2023$387.0M · 1,846 accts · $734K emplr
2022$324.9M · 1,829 accts · $633K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$104,841
Investment management$19,950
Total administrative$124,791
The Dechert LLP 401(k) match · 2024
Employer contribution per active participant$502
Median for plans this size$4,294
2024$502 per active participant
2023$578 per active participant
2022$479 per active participant

Dechert LLP's 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom 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.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$104,841
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$19,950

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$124,791 · 0.03%
2023$202,384 · 0.06%
2022$193,530 · 0.05%
All plans at this employer5
DECHERT LLP PENSION PLAN NO. 1 FOR PARTNERSMoney purchase plan
DECHERT LLP SALARY SAVINGS PLAN401(k)
DECHERT LLP PENSION PLAN NO. 2 FOR PARTNERSMoney purchase plan
DECHERT LLP PARTICIPANT-DIRECTED RETIREMENT PLAN NO. 1Profit-sharing plan
DECHERT LLP PARTICIPANT-DIRECTED RETIREMENT PLAN NO. 2Profit-sharing plan
Same employer
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Epam Systems, Inc PA$453.5M · 0.07%
Erm NA Holdings Corp PA$441.0M · 0.10%
Duane Morris LLP PA$411.9M · 0.01%
Flsmidth Inc. PA$341.1M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231425587 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.