Plan Ledger DOL Form 5500 · updated monthly

Herbert Smith Freehills Kramer (US) LLPProfit-sharing plan

KRAMER LEVIN PROFIT-SHARING RETIREMENT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Herbert Smith Freehills Kramer (US) LLP reported $274,249 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $21,700 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 0.09% 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 255th-largest of 5,648 plans among New York employers on file, and the 419th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$424,397,910
Participants with balances506
Active participants323
Employer contributions$7,009,193
Employee contributions—
Employer contribution per active participant$21,700
Average account balance$838,731
Benefits paid to participants$27,063,000
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$424.4M · 506 accts · $7.0M emplr
2023$387.2M · 522 accts · $7.4M emplr
2022$330.7M · 523 accts · $7.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$188,048
Investment management$34,655
Audit (IQPA)$51,546
Total administrative$274,249
Employer contributions to the Herbert Smith Freehills Kramer (US) LLP plan · 2024
Employer contribution per active participant$21,700
Median for plans this size$4,294
2024$21,700 per active participant
2023$21,575 per active participant
2022$20,440 per active participant

Herbert Smith Freehills Kramer (US) 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.

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 · 20244
ONEAMERICA RETIREMENT SERVICES, LLC · Recordkeeping · Loan processing$188,048
CBIZ CPAS, P.C. · Accounting / audit$51,546
GRAYSTONE CONSULTING · Investment advisory (plan)$34,655
MATRIX TRUST COMPANY · Custodial (securities) · Trusteeindirect comp

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

Recordkeeper by year2
2024OneAmerica
2023OneAmerica

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

Administrative cost history3
2024$274,249 · 0.07%
2023$298,140 · 0.08%
2022$296,273 · 0.09%
All plans at this employer3
KRAMER LEVIN PROFIT-SHARING RETIREMENT PLANProfit-sharing plan
KRAMER LEVIN SAVINGS & INVESTMENT PLAN401(k)
KRAMER LEVIN ASSOCIATES SAVINGS & INVESTMENT PLAN401(k)
Same employer
Similar plansProfessional & Technical Services · New York
Thornton Tomasetti, Inc. NY$468.6M · 0.06%
Kelley Drye & Warren LLP NY$442.3M · 0.05%
Src, Inc. NY$400.1M · 0.05%
Greenman-Pedersen, Inc. NY$396.0M · 0.01%
Proskauer Rose LLP NY$394.1M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 131944339 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.