401(k) · DOL Form 5500 · 2023

Balch & Bingham LLP 401(k) Plan

Data updated 2026-08-11

$297M
Total assets: 352
Participants: 96th
Percentile by assets: $843,092
Avg per participant

Official DOL plan name: Balch & Bingham LLP 401(k) Profit Sharing Plan · Sponsored by Balch & Bingham LLP · Alabama · Professional & Technical Services

$297M in assets, 352 participants

Balch & Bingham LLP's Balch & Bingham LLP 401(k) Profit Sharing Plan reported $297M in total assets and 352 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

96th percentile by assets (of 127,072 plans)
#19,742 in Professional & Technical Services (20,321 peers)

Where Balch & Bingham LLP 401(k) Profit Sharing Plan sits by assets

Balch & Bingham LLP 401(k) Profit Sharing Plan sits in the top 5% of all filed plans by assets, $297M for 352 participants (~$843,092/participant), up 16.8% in 2023.

$297M
total plan assets (2023 EOY): 352
covered participants: 96th
percentile by assets (of 127,072 plans): $843,092
avg assets per participant

Balch & Bingham LLP 401(k) Profit Sharing Plan reported net income rose from -$67M in the plan year 2022 filing to $43M in the plan year 2023 filing.
Balch & Bingham LLP 401(k) Profit Sharing Plan end-of-year assets rose from $254M in the plan year 2022 filing to $297M in the plan year 2023 filing.
Balch & Bingham LLP 401(k) Profit Sharing Plan reported participants fell from 365 in the plan year 2022 filing to 352 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Alabama

Industry

Professional & Technical Services

Balch & Bingham LLP 401(k) Profit Sharing Plan vs the 2023 asset distribution

By assets, Balch & Bingham LLP 401(k) Profit Sharing Plan outranks 96% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 3.0x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$254M
Net Assets (End of Year)	$297M
Net Income	$43M
Employer EIN	630328165
Plan Effective Date	1968-12-23
Filing Status	FILING RECEIVED

Sponsor Plan History (Balch & Bingham LLP)

Total plan assets by year, all Balch & Bingham LLP plans on file

Year	Plans	Participants	Total Assets
2022	1	365	$254M
2023	1	352	$297M
2024	1	355	$315M

Nearby 401(k) Plans in Alabama

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

Balch & Bingham LLP 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Alabama, assets vs. participants

Regions Financial Corporation 401(k) Plan $2.9B · 20,733
Encompass Health Corporation 401(k) Retirement Plan $1.5B · 24,565
Hexagon Employee Retirement Savings Plan $1.5B · 4,618
Vulcan 401(k) Plan $1.4B · 9,487
Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan $1.1B · N/A

Compare Balch & Bingham LLP 401(k) Profit Sharin… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Balch & Bingham LLP 401(k) Profit Sharing Plan by total assets, not by location.

Valvoline 401(k) Plan (KY) $297M · 11,540
Jazz Pharmaceuticals, Inc. 401(k) Plan (CA) $297M · 1,118
Jasper Holdings, Inc. 401(k) Plan (IN) $297M · 4,068
Technip Energies USA, Inc. Retirement Savings Plan (TX) $297M · 932

Frequently Asked Questions

How did Balch & Bingham LLP 401(k) Profit Sharing Plan assets move in 2023? ▼

Balch & Bingham LLP 401(k) Profit Sharing Plan grew sharply - up 16.8% during 2023, from $254M to $297M. Reported net income was $43M.

How have Balch & Bingham LLP plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Balch & Bingham LLP's sponsor-wide assets grew 24.0%, from $254M to $315M.

Where does Balch & Bingham LLP 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼

Balch & Bingham LLP 401(k) Profit Sharing Plan ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).

Which 401(k) plans are similar in size to Balch & Bingham LLP 401(k) Profit Sharing Plan? ▼

Among 401(k) plans in other states, the closest by assets is Valvoline 401(k) Plan in KY ($297M, 11,540 participants).

Next read for Balch & Bingham LLP 401(k) Profit Sharin…

Scale reading

Ways to act on Balch & Bingham LLP 401(k) Profit Sharing Plan's numbers.

By total assets, Balch & Bingham LLP 401(k) Profit Sharing Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Alabama. Compare plans
Balch & Bingham LLP's sponsor-wide assets have grown 24.0% since 2022 across 3 plan years on file. More Professional & Technical Services plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 630328165.