401(k) · DOL Form 5500 · 2023

Milbank LLP 401(k) Plan

Data updated 2026-08-11

$476M
Total assets
947
Participants
97th
Percentile by assets
$502,237
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Milbank Retirement Savings Plan · Sponsored by Milbank LLP · New York · Professional & Technical Services

$476M in assets, 947 participants

Milbank LLP's Milbank Retirement Savings Plan reported $476M in total assets and 947 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 127,072 plans)
  • #19,946 in Professional & Technical Services (20,321 peers)

Where Milbank Retirement Savings Plan sits by assets

Milbank Retirement Savings Plan sits in the top 5% of all filed plans by assets, $476M for 947 participants (~$502,237/participant), up 18.9% in 2023.

$476M
total plan assets (2023 EOY)
947
covered participants
97th
percentile by assets (of 127,072 plans)
$502,237
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Milbank Retirement Savings Plan reported net income rose from -$89M in the plan year 2022 filing to $76M in the plan year 2023 filing.
  • Milbank Retirement Savings Plan end-of-year assets rose from $400M in the plan year 2022 filing to $476M in the plan year 2023 filing.
  • Milbank Retirement Savings Plan reported participants rose from 893 in the plan year 2022 filing to 947 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Milbank Retirement Savings Plan vs the 2023 asset distribution

By assets, Milbank Retirement Savings Plan outranks 97% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 4.8x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$400M
Net Assets (End of Year)$476M
Net Income$76M
Employer EIN135533689
Plan Effective Date1984-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Milbank LLP)

$350M$400M$450M$500M$550M 202220232024 $400M $521M ▲ +30.4%
Total plan assets by year, all Milbank LLP plans on file
Year Plans Participants Total Assets
2022 1 893 $400M
2023 1 947 $476M
2024 1 999 $521M

Nearby 401(k) Plans in New York

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

Milbank Retirement Savings Plan vs. nearby 401(k) plans in New York, assets vs. participants

Milbank Retirement Savings Plan vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants Milbank Retirement S…IBM 401 (K) Plus PlanPfizer Savings PlanMorgan Stanley 401(k…The Pepsico Savings …The Goldman Sachs 40…
Milbank Retirement Savings Plan vs. nearby 401(k) plans in New York, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Milbank Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Milbank Retirement Savings Plan assets move in 2023?
Milbank Retirement Savings Plan grew sharply - up 18.9% during 2023, from $400M to $476M. Reported net income was $76M.
How have Milbank LLP plan assets changed over time?
Across 3 plan years on file (2022-2024), Milbank LLP's sponsor-wide assets grew 30.4%, from $400M to $521M.
Where does Milbank Retirement Savings Plan rank by assets among Form 5500 filers?
Milbank Retirement Savings Plan ranks in the 97th 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 Milbank Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Extensis Group Retirement Savings Plan in NJ ($476M, 7,238 participants).

Scale reading

Ways to act on Milbank Retirement Savings Plan's numbers.