Plan Ledger DOL Form 5500 · updated monthly

Ropes & Gray LLP401(k)

ROPES & GRAY LLP RETIREMENT SAVINGS PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Ropes & Gray LLP reported $552,283 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $7,121 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 0.03% to 0.04%. 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 39th-largest of 2,726 plans among Massachusetts employers on file, and the 130th of 11,654 in professional & technical services. In 2024, employees put in $2.12 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,370,402,187
Participants with balances4,297
Active participants2,706
Employer contributions$19,268,309
Employee contributions$40,819,025
Employer contribution per active participant$7,121
Average account balance$318,921
Benefits paid to participants$107,642,637
Plan auditUnmodified (clean) audit opinion
AuditorPRICEWATERHOUSE COOPERS LLP
Plan history3
Yearassets · accounts · employer contribution
2024$1.4B · 4,297 accts · $19.3M emplr
2023$1.2B · 4,038 accts · $17.1M emplr
2022$1.1B · 4,026 accts · $14.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$160,151
Investment management$392,132
Total administrative$552,283
The Ropes & Gray LLP 401(k) match · 2024
Employer contribution per active participant$7,121
Median for plans this size$5,259
2024$7,121 per active participant
2023$6,428 per active participant
2022$5,329 per active participant

Ropes & Gray LLP's 2024 employer contribution ran above the $5,259 median for plans its size. 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 · 20246
EMPOWER ANNUITY INSURANCE COMPANY O · Recordkeeping · Loan processing$160,151
EMPOWER ADVISORY GROUP, LLC · Investment advisory (participants)$294,849
CHARLES SCHWAB & CO., INC. · Investment advisory (participants) · Securities brokerage$99,560
FIDUCIENT ADVISORS LLC · Investment advisory (plan)$97,282
OUELLETTE WEALTH ADVISORY LLC$13,003
CORIENT PRIVATE WEALTH LLC$6,006

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

Recordkeeper by year2
2024Empower
2023Empower

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

Administrative cost history3
2024$552,283 · 0.04%
2023$374,710 · 0.03%
2022$384,619 · 0.03%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
The Mathworks, Inc. MA$1.8B · 0.04%
Cdm Smith Inc. MA$1.7B · 0.06%
Goodwin Procter LLP MA$1.6B · 0.01%
Akamai Technologies, Inc. MA$1.4B · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042233412 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.