Plan Ledger DOL Form 5500 · updated monthly

Duane Morris LLP401(k)

DUANE MORRIS EMPLOYEE INCENTIVE SAVINGS 401(K) PLAN · PHILADELPHIA, PA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Duane Morris LLP reported $42,177 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $1,461 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 0.007% to 0.011%. 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 181st-largest of 3,651 plans among Pennsylvania employers on file, and the 427th of 11,654 in professional & technical services. In 2024, employees put in $8.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$411,933,802
Participants with balances1,509
Active participants1,277
Employer contributions$1,866,022
Employee contributions$15,122,544
Employer contribution per active participant$1,461
Average account balance$272,985
Benefits paid to participants$34,090,369
Plan auditUnmodified (clean) audit opinion
AuditorKPMG LLP
Plan history3
Yearassets · accounts · employer contribution
2024$411.9M · 1,509 accts · $1.9M emplr
2023$377.5M · 1,534 accts · $1.9M emplr
2022$331.2M · 1,471 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,940
Investment management$31,237
Total administrative$42,177
The Duane Morris LLP 401(k) match · 2024
Employer contribution per active participant$1,461
Median for plans this size$4,294
2024$1,461 per active participant
2023$1,440 per active participant
2022$1,100 per active participant

Duane Morris 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
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$42,227

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$42,177 · 0.01%
2023$34,730 · 0.01%
2022$22,561 · 0.01%
All plans at this employer3
DUANE MORRIS RETIREMENT PLANMoney purchase plan
DUANE MORRIS EMPLOYEE INCENTIVE SAVINGS 401(K) PLAN401(k)
DUANE MORRIS ASSOCIATES' 401(K) PLAN401(k)
Same employer
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Epam Systems, Inc PA$453.5M · 0.07%
Dechert LLP PA$442.2M · 0.03%
Erm NA Holdings Corp PA$441.0M · 0.10%
Flsmidth Inc. PA$341.1M · 0.05%
Eresearch Technology, Inc. PA$308.7M · 0.05%
Almac Group, Inc. PA$283.2M · 0.09%
Stevens & Lee PA$278.3M · 0.51%

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Source: U.S. Department of Labor, Form 5500 series, EIN 231392502 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.