LATHAM & WATKINS 401(K) SAVINGS AND PROFIT SHARING PLAN · LOS ANGELES, CA · plan year 2024
Reported admin expense ratio · 2024
0.05%
Peer grade: B+· admin costs + employer contributions vs same-size plans · how grading works
Latham & Watkins LLP reported $1,364,135 in plan administrative expenses for 2024: 0.05% of average plan assets, above the peer median. Employer contributions averaged $11,379 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 0.04% to 0.05%. 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 44th-largest of 9,483 plans among California employers on file, and the 43rd of 11,654 in professional & technical services. In 2024, employees put in $1.89 for every $1.00 the employer contributed.
Plan summary
Net assets, end of year$3,071,147,941
Participants with balances8,020
Active participants4,864
Employer contributions$55,347,613
Employee contributions$104,795,682
Employer contribution per active participant$11,379
Employer contribution per active participant$11,379
Median for plans this size$5,259
2024$11,379 per active participant
2023$11,059 per active participant
2022$9,935 per active participant
Latham & Watkins 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 952018373 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.