Defined Benefit (Pension) · DOL Form 5500 · 2023

Reed Smith LLP Pension Plan

Data updated 2026-08-25

$147M
Total assets Near avg plan size
316
Participants Below avg headcount
93rd
Percentile by assets National rank
$465,133
Avg per participant High balance/head
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Official DOL plan name: Reed Smith LLP Cash Balance Retirement Plan · Sponsored by Reed Smith LLP · Pennsylvania · Professional & Technical Services

$147M in assets, 316 participants

Reed Smith LLP's Reed Smith LLP Cash Balance Retirement Plan reported $147M in total assets and 316 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

  • #19,229 in Professional & Technical Services (20,321 peers)

Coverage in Pennsylvania

Reed Smith LLP Cash Balance Retirement Plan covers 316 participants in Pennsylvania, about 38% of the average Pennsylvania filer (state average ~822 per filing). Assets: $147M.

#19,229
in Professional & Technical Services (20,321 peers)
+18.9%
assets growth YoY
1.5×
vs typical plan assets (national mean)

Reed Smith LLP Cash Balance Retirement Plan's outsized position by total assets

Reed Smith LLP Cash Balance Retirement Plan vs every filed plan by assets

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

$146,982,149 Top 7% higher than 93% 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 LLP Cash Balance Retirement Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Reed Smith LLP Cash Balance Retirement Plan sits mid-pack in the medium band (316 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Reed Smith LLP Cash Balance Retirement Plan reported net income rose from -$5M in the plan year 2022 filing to $23M in the plan year 2023 filing.
  • Reed Smith LLP Cash Balance Retirement Plan end-of-year assets rose from $124M in the plan year 2022 filing to $147M in the plan year 2023 filing.
  • Reed Smith LLP Cash Balance Retirement Plan reported participants rose from 302 in the plan year 2022 filing to 316 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 250749630 · Reed Smith LLP PY 2023 · Defined Benefit (Pension)

Reed Smith LLP Cash Balance Retirement Plan · $147M · 316 · 93rd

  • VS-ST $147M
  • VS-ST 316
  • VS-ST 93rd
  • VS-ST Defined Benefit (Pension)
  • VS-ST near Standex International Corporation Pension Plans
  • VS-ST ind #19229

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 LLP Cash Balance Retirement Plan in the asset neighbourhood

Plumbers & Steamfitters Local # 137 Pension FundPlumbers & Steamfitters Loca…$147MLedvance LLC Pension Plan$147MReed Smith LLP Cash Balance Retirement PlanReed Smith LLP Cash Balance …$147MStandex International Corporation Pension PlansStandex International Corpor…$147MSt. John's Riverside Hospital Retirement Assistance PlanSt. John's Riverside Hospita…$147M
End-of-year total assets ($M) among Reed Smith LLP Cash Balance Retirement Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$124M
Net Assets (End of Year)$147M
Net Income$23M
Employer EIN250749630
Plan Effective Date2016-01-01
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 Defined Benefit (Pension) Plans in Pennsylvania

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Reed Smith LLP Cash Balance Retirement Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Reed Smith LLP Cash Balance Retirement Plan, Total assets ($B): 0.146982149 · Participants: 316Reed Smith LLP Cash Balance Retirement PlanNational Elevator Industry Pension Plan, Total assets ($B): 11.224377797 · Participants: 27434National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 6.602912146 · Participants: 47052Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.63715 · Participants: 63680The PNC Financial Services Group, Inc. Pension PlanConstellation Retirement Program, Total assets ($B): 5.323012123 · Participants: 5080Constellation Retirement ProgramThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 5.257223708 · Participants: 7374The Bank of New York Mellon Corporation Pension Plan
Reed Smith LLP Cash Balance Retirement Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare Reed Smith LLP Cash Balance Retirement Plan side-by-side with 3 peers →

Reed Smith LLP Cash Balance Retirement Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Standex International Corporation Pension Plans in NH ($147M); by covered participants it is Ust LLC Retirement Income Plan for Hourly Employees in VA (316 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (316 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 LLP Cash Balance Retirement Plan assets move in 2023? ▼
Reed Smith LLP Cash Balance Retirement Plan grew sharply - up 18.9% during 2023, from $124M to $147M. Reported net income was $23M.
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 LLP Cash Balance Retirement Plan rank by assets among Form 5500 filers? ▼
Reed Smith LLP Cash Balance Retirement Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Reed Smith LLP Cash Balance Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Standex International Corporation Pension Plans in NH ($147M, 116 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Reed Smith LLP Cash Balance Retirement Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Ust LLC Retirement Income Plan for Hourly Employees in VA (316 participants, $151M 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.