401(k) · DOL Form 5500 · 2022

Reed Smith LLP 401(k) Plan

Data updated 2026-08-11

$961M
Total assets
2,173
Participants
99th
Percentile by assets
$442,177
Avg per participant
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Official DOL plan name: Reed Smith 401(k) Plan · Sponsored by Reed Smith LLP · Pennsylvania · Professional & Technical Services

$961M in assets, 2,173 participants

Reed Smith LLP's Reed Smith 401(k) Plan reported $961M in total assets and 2,173 participants in its 2022 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 99th percentile by assets (of 139,126 plans)
  • #21,396 in Professional & Technical Services (21,562 peers)

Coverage in Pennsylvania

Reed Smith 401(k) Plan covers 2,173 participants in Pennsylvania, 2.6x the typical Pennsylvania plan (state average ~822 per filing). Assets: $961M.

$961M
total plan assets (2022 EOY)
2,173
covered participants
99th
percentile by assets (of 139,126 plans)
$442,177
avg assets per participant

The plan reported a net loss of $219M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Reed Smith 401(k) Plan reports 2,173 participants - 2.6x that state average ($961M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$1.2B
Net Assets (End of Year)$961M
Net Income-$219M
Employer EIN250749630
Plan Effective Date1969-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Reed Smith LLP)

$1B$1.1B$1.2B$1.3B$1.4B 202220232024 $1.08B $1.36B ▲ +25.9%
Total plan assets by year, all Reed Smith LLP plans on file
Year Plans Participants Total Assets
2022 2 2,475 $1.1B
2023 2 2,415 $1.2B
2024 2 2,332 $1.4B

Nearby 401(k) Plans in Pennsylvania

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Reed Smith 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Reed Smith 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 05101520 Total assets ($B) Participants Reed Smith 401(k) PlanComcast Corporation …Cigna 401(k) PlanThe PNC Financial Se…The Vanguard Retirem…The Bank of New York…
Reed Smith 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Reed Smith 401(k) Plan by total assets, not by location.

Frequently Asked Questions

How did Reed Smith 401(k) Plan assets move in 2022?
Reed Smith 401(k) Plan declined sharply - down 18.5% during 2022, from $1.2B to $961M. Reported net income was -$219M.
How have Reed Smith LLP plan assets changed over time?
Across 3 plan years on file (2022-2024), Reed Smith LLP's sponsor-wide assets grew 25.4%, from $1.1B to $1.4B.
Where does Reed Smith 401(k) Plan rank by assets among Form 5500 filers?
Reed Smith 401(k) Plan ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Reed Smith 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Konica Minolta 401(k) Plan in NJ ($960M, 5,140 participants).

Filing takeaways

Ways to act on Reed Smith 401(k) Plan's numbers.