KING & SPALDING LLP PROFIT SHARING - 401(K) PLAN · ATLANTA, GA · plan year 2024
Reported admin expense ratio · 2024
0.09%
Peer grade: B· admin costs + employer contributions vs same-size plans · how grading works
King & Spalding LLP reported $999,718 in plan administrative expenses for 2024: 0.09% of average plan assets, higher than ~75% of peers. Employer contributions averaged $9,970 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 0.10% to 0.09%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other professional & technical services employers. By assets it is the 33rd-largest of 2,160 plans among Georgia employers on file, and the 144th of 11,654 in professional & technical services. In 2024, employees put in $2.05 for every $1.00 the employer contributed.
Plan summary
Net assets, end of year$1,272,173,406
Participants with balances3,155
Active participants2,071
Employer contributions$20,648,615
Employee contributions$42,277,966
Employer contribution per active participant$9,970
Employer contribution per active participant$9,970
Median for plans this size$5,259
2024$9,970 per active participant
2023$10,050 per active participant
2022$10,031 per active participant
King & Spalding LLP's 2024 employer contribution ran above the $5,259 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.
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.
Source: U.S. Department of Labor, Form 5500 series, EIN 580520153 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.