SHEPPARD, MULLIN, RICHTER & HAMPTON LLP RETIREMENT AND SAVINGS PLAN · LOS ANGELES, CA · plan year 2024
Reported admin expense ratio · 2024
0.05%
Peer grade: A-· admin costs + employer contributions vs same-size plans · how grading works
Sheppard, Mullin, Richter & Hampton LLP reported $436,755 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $12,795 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 0.051%. 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 146th-largest of 9,483 plans among California employers on file, and the 192nd of 11,654 in professional & technical services. In 2024, employees put in $1.25 for every $1.00 the employer contributed.
Plan summary
Net assets, end of year$911,625,125
Participants with balances2,158
Active participants1,816
Employer contributions$23,236,566
Employee contributions$29,019,690
Employer contribution per active participant$12,795
Average account balance$422,440
Benefits paid to participants$61,083,894
Plan auditUnmodified (clean) audit opinion
AuditorLUCAS HORSFALL MURPHY & PINDROH,LLP
Plan history3
Yearassets · accounts · employer contribution
2024$911.6M · 2,158 accts · $23.2M emplr
2023$795.1M · 2,133 accts · $20.3M emplr
2022$678.0M · 2,066 accts · $19.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$156,894
Investment management$100,476
Audit (IQPA)$10,750
Total administrative$436,755
The Sheppard, Mullin, Richter & Hampton LLP 401(k) match · 2024
Employer contribution per active participant$12,795
Median for plans this size$4,294
2024$12,795 per active participant
2023$11,215 per active participant
2022$10,334 per active participant
Sheppard, Mullin, Richter & Hampton 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.
Source: U.S. Department of Labor, Form 5500 series, EIN 951463164 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.