401(k) · DOL Form 5500 · 2023

Ballard Spahr LLP 401(k) Plan

Data updated 2026-08-11

$461M
Total assets
841
Participants
97th
Percentile by assets
$548,490
Avg per participant
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Official DOL plan name: Ballard Spahr LLP 401(k) Plan for Partners & Employees · Sponsored by Ballard Spahr LLP · Pennsylvania · Professional & Technical Services

$461M in assets, 841 participants

Ballard Spahr LLP's Ballard Spahr LLP 401(k) Plan for Partners & Employees reported $461M in total assets and 841 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)
  • #19,932 in Professional & Technical Services (20,321 peers)

Where Ballard Spahr LLP 401(k) Plan for Partners & Employees sits by assets

Ballard Spahr LLP 401(k) Plan for Partners & Employees sits in the top 5% of all filed plans by assets, $461M for 841 participants (~$548,490/participant), up 10.1% in 2023.

$461M
total plan assets (2023 EOY)
841
covered participants
97th
percentile by assets (of 127,072 plans)
$548,490
avg assets per participant

Where Ballard Spahr LLP 401(k) Plan for Partners & Employees sits by total assets

Ballard Spahr LLP 401(k) Plan for Partners & Employees vs every filed plan by assets

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

$461,280,124 Top 3% higher than 97% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ballard Spahr LLP 401(k) Plan for Partners & Employees reported net income rose from $48M in the plan year 2022 filing to $56M in the plan year 2023 filing.
  • Ballard Spahr LLP 401(k) Plan for Partners & Employees end-of-year assets rose from $419M in the plan year 2022 filing to $461M in the plan year 2023 filing.
  • Ballard Spahr LLP 401(k) Plan for Partners & Employees reported participants fell from 853 in the plan year 2022 filing to 841 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Ballard Spahr LLP 401(k) Plan for Partners & Employees vs the 2023 asset distribution

By assets, Ballard Spahr LLP 401(k) Plan for Partners & Employees outranks 97% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 4.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$419M
Net Assets (End of Year)$461M
Net Income$56M
Employer EIN230382195
Plan Effective Date1969-03-31
Filing StatusFILING RECEIVED

Sponsor Plan History (Ballard Spahr LLP)

$500M$600M$700M$800M$900M 202220232024 $555M $800M ▲ +44.0%
Total plan assets by year, all Ballard Spahr LLP plans on file
Year Plans Participants Total Assets
2022 2 1,253 $555M
2023 3 1,457 $640M
2024 3 1,374 $800M

Nearby 401(k) Plans in Pennsylvania

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

Ballard Spahr LLP 401(k) Plan for Partners & Employees vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -50000050000100000 -505101520 Total assets ($B) Participants Ballard Spahr LLP 40…, Total assets ($B): 0.461280124 · Participants: 841Ballard Spahr LLP 40…Comcast Corporation …, Total assets ($B): 17.368669862 · Participants: 93136Comcast Corporation …Cigna 401(k) Plan, Total assets ($B): 13.003870935 · Participants: 66760Cigna 401(k) PlanThe Vanguard Retirem…, Total assets ($B): 9.765617477 · Participants: 18200The Vanguard Retirem…The PNC Financial Se…, Total assets ($B): 9.339762 · Participants: 61697The PNC Financial Se…The Bank of New York…, Total assets ($B): 8.955655142 · Participants: 25184The Bank of New York…
Ballard Spahr LLP 401(k) Plan for Partners & Employees vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Ballard Spahr LLP 401(k) Plan for Partners & Employees by total assets, not by location.

Frequently Asked Questions

How did Ballard Spahr LLP 401(k) Plan for Partners & Employees assets move in 2023?
Ballard Spahr LLP 401(k) Plan for Partners & Employees grew at a solid clip - up 10.1% during 2023, from $419M to $461M. Reported net income was $56M.
How have Ballard Spahr LLP plan assets changed over time?
Across 3 plan years on file (2022-2024), Ballard Spahr LLP's sponsor-wide assets grew 44.0%, from $555M to $800M.
Where does Ballard Spahr LLP 401(k) Plan for Partners & Employees rank by assets among Form 5500 filers?
Ballard Spahr LLP 401(k) Plan for Partners & Employees 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 Ballard Spahr LLP 401(k) Plan for Partners & Employees?
Among 401(k) plans in other states, the closest by assets is Edgewood Partners Insurance Center Savings Investment Plan in CA ($461M, 2,834 participants).

Next read for Ballard Spahr LLP 401(k) Plan for Partne…

Scale reading

Ways to act on Ballard Spahr LLP 401(k) Plan for Partners & Employees's numbers.