401(k) · DOL Form 5500 · 2023

Reed Smith LLP 401(k) Plan

Data updated 2026-08-25

$1.1B
Total assets Very large vs avg
2,099
Participants Near avg headcount
99th
Percentile by assets National rank
$519,754
Avg per participant High balance/head
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Official DOL plan name: Reed Smith 401(k) Plan · Sponsored by Reed Smith LLP · Pennsylvania · Professional & Technical Services

$1.1B in assets, 2,099 participants

Reed Smith LLP's Reed Smith 401(k) Plan reported $1.1B in total assets and 2,099 participants in its 2023 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.

  • #20,155 in Professional & Technical Services (20,321 peers)

Coverage in Pennsylvania

Reed Smith 401(k) Plan covers 2,099 participants in Pennsylvania, 2.6x the typical Pennsylvania plan (state average ~822 per filing). Assets: $1.1B.

#20,155
in Professional & Technical Services (20,321 peers)
+13.5%
assets growth YoY
11×
vs typical plan assets (national mean)

Reed Smith 401(k) Plan's outsized position by total assets

Reed Smith 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$1,090,963,933 Top 1% higher than 99% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Reed Smith 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Reed Smith 401(k) Plan lands in the large band (2,099 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Reed Smith 401(k) Plan reported net income rose from -$219M in the plan year 2022 filing to $130M in the plan year 2023 filing.
  • Reed Smith 401(k) Plan end-of-year assets rose from $961M in the plan year 2022 filing to $1.1B in the plan year 2023 filing.
  • Reed Smith 401(k) Plan reported participants fell from 2,173 in the plan year 2022 filing to 2,099 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 250749630 · Reed Smith LLP PY 2023 · 401(k)

Reed Smith 401(k) Plan · $1.1B · 2,099 · 99th

  • PART $1.1B
  • TYPE 2,099
  • NET 99th
  • BOOK 401(k)
  • VS-ST near Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan
  • BOY ind #20155

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Professional & Technical Services retirement plans → · Plans in Pennsylvania →

Reed Smith 401(k) Plan in the asset neighbourhood

Reed Smith 401(k) Plan$1.1BMercedes-Benz U.S. International, Inc. Retirement and Savings PlanMercedes-Benz U.S. Internati…$1.1BCrown Equipment Corporation 401(k) Retirement Savings Plan and TrustCrown Equipment Corporation …$1.1BCincinnati Financial Corporation Tax-Qualified Savings PlanCincinnati Financial Corpora…$1.1BEmployee Savings Plan of Winston & Strawn LLPEmployee Savings Plan of Win…$1.1B
End-of-year total assets ($B) among Reed Smith 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$961M
Net Assets (End of Year)$1.1B
Net Income$130M
Employer EIN250749630
Plan Effective Date1969-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Reed Smith LLP)

Sponsor-wide plan assets over time

All Reed Smith LLP plans reported in each filing year

Latest sponsor-wide plan assets
$1.4B 25.41679616959913% vs 2022
2024 filing year
$1B$1.1B$1.2B$1.3B$1.4B 202220232024 $1.08B $1.36B ▲ +25.9%
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 Scatter plot of 6 data points. -50000050000100000 05101520 Total assets ($B) Participants Reed Smith 401(k) Plan, Total assets ($B): 1.090963933 · Participants: 2099Reed Smith 401(k) PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 17.368669862 · Participants: 93136Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 13.003870935 · Participants: 66760Cigna 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 9.765617477 · Participants: 18200The Vanguard Retirement and Savings PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 9.339762 · Participants: 61697The PNC Financial Services Group, Inc. Incentive Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 8.955655142 · Participants: 25184The Bank of New York Mellon Corporation 401(k) Savings Plan
Reed Smith 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Reed Smith 401(k) Plan side-by-side with 3 peers →

Reed Smith 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan in AL ($1.1B); by covered participants it is S4 Capital 401(k) Plan in CA (2,099 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,099 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Reed Smith 401(k) Plan assets move in 2023? ▼
Reed Smith 401(k) Plan grew at a solid clip - up 13.5% during 2023, from $961M to $1.1B. Reported net income was $130M.
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 127,072 plans that reported assets for plan year 2023 (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 Mercedes-Benz U.S. International, Inc. Retirement and Savings Plan in AL ($1.1B, N/A participants).
Which 401(k) plans cover a similar participant headcount to Reed Smith 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is S4 Capital 401(k) Plan in CA (2,099 participants, $115M in assets).

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 250749630.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.