Plan Ledger DOL Form 5500 · updated monthly

Sullivan & Cromwell LLP401(k)

SULLIVAN & CROMWELL LLP EMPLOYEES' SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Sullivan & Cromwell LLP reported $137,355 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,605 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 0.037%. 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 272nd-largest of 5,648 plans among New York employers on file, and the 447th of 11,654 in professional & technical services. In 2024, employees put in $1.45 for every $1.00 the employer contributed; active participation has grown from 338 to 685 since 2022.

Plan summary
Net assets, end of year$393,996,857
Participants with balances1,187
Active participants685
Employer contributions$6,579,141
Employee contributions$9,532,794
Employer contribution per active participant$9,605
Average account balance$331,927
Benefits paid to participants$28,351,225
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$394.0M · 1,187 accts · $6.6M emplr
2023$343.4M · 1,126 accts · $2.9M emplr
2022$151.0M · 597 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$22,497
Investment management$12,299
Audit (IQPA)$28,500
Total administrative$137,355
The Sullivan & Cromwell LLP 401(k) match · 2024
Employer contribution per active participant$9,605
Median for plans this size$4,294
2024$9,605 per active participant
2023$4,653 per active participant
2022$7,213 per active participant

Sullivan & Cromwell 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 · 20245
COOK STREET CONSULTING · Consulting$47,299
PRICEWATERHOUSECOOPERS LLP · Accounting / audit$28,500
SEYFARTH SHAW LLP · Legal$26,769
FIDELITY INVESTMENTS · Loan processing$23,020
COOK STREET CONSULTING · Investment advisory (plan)$12,299

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$137,355 · 0.04%
2023$130,849 · 0.05%
2022$61,365 · 0.04%
All plans at this employer5
RETIREMENT PLAN OF SULLIVAN & CROMWELL LLP401(k)
SULLIVAN & CROMWELL LLP EMPLOYEES' SAVINGS PLAN401(k)
SULLIVAN & CROMWELL LLP SAVINGS PLAN FOR ASSOCIATES401(k)
SULLIVAN & CROMWELL LLP SUPPLEMENTAL RETIREMENT PLANProfit-sharing plan
SULLIVAN & CROMWELL LLP EMPLOYEES' SAVINGS PLAN II401(k)
Same employer
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Src, Inc. NY$400.1M · 0.05%
Greenman-Pedersen, Inc. NY$396.0M · 0.01%
Proskauer Rose LLP NY$394.1M · 0.04%
Kantar, LLC NY$381.5M · 0.06%
Debevoise & Plimpton LLP NY$380.8M · 0.00%
Cravath, Swaine & Moore LLP NY$375.7M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 135420320 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.