Plan Ledger DOL Form 5500 · updated monthly

Nixon Peabody LLP401(k)

NIXON PEABODY LLP RETIREMENT SAVINGS PLAN I · ROCHESTER, NY · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Nixon Peabody LLP reported $170,996 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $16,304 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 3 years on file its reported administrative ratio has held roughly steady near 0.027%. 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 179th-largest of 5,648 plans among New York employers on file, and the 271st of 11,654 in professional & technical services. In 2024, the employer put in $1.08 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$653,079,732
Participants with balances908
Active participants594
Employer contributions$9,684,632
Employee contributions$8,971,566
Employer contribution per active participant$16,304
Average account balance$719,251
Benefits paid to participants$46,171,940
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$653.1M · 908 accts · $9.7M emplr
2023$591.7M · 897 accts · $9.1M emplr
2022$537.0M · 930 accts · $8.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$14,596
Investment management$82,550
Audit (IQPA)$13,600
Total administrative$170,996
The Nixon Peabody LLP 401(k) match · 2024
Employer contribution per active participant$16,304
Median for plans this size$4,294
2024$16,304 per active participant
2023$15,960 per active participant
2022$14,895 per active participant

Nixon Peabody 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$82,550
FIDUCIENT ADVISORS LLC · Investment advisory (plan)$60,250
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$19,160
BONADIO & CO LLP · Accounting / audit$13,600

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

Administrative cost history3
2024$170,996 · 0.03%
2023$155,693 · 0.03%
2022$165,027 · 0.03%
All plans at this employer3
NIXON PEABODY LLP RETIREMENT SAVINGS PLAN FOR ASSOCIATE ATTORNEYS401(k)
NIXON PEABODY LLP RETIREMENT SAVINGS PLAN I401(k)
NIXON PEABODY LLP RETIREMENT SAVINGS PLAN II401(k)
Same employer
Similar plansProfessional & Technical Services · New York
Eisner Advisory Group, LLC NY$699.3M · 0.06%
Havas North America, Inc. NY$670.3M · 0.00%
Ramboll Limited NY$659.1M · 0.06%
Griffon Corporation NY$650.2M · 0.11%
Jackson Lewis P.C. NY$623.9M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 160764720 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.