Faegre Drinker Biddle & Reath LLP401(k)

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

Faegre Drinker Biddle & Reath LLP reported $503,757 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $11,429 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 0.06% to 0.07%. 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 61st-largest of 1,918 plans among Minnesota employers on file, and the 232nd of 11,654 in professional & technical services. In 2024, the employer put in $1.02 for every $1.00 employees contributed themselves.