Defined Benefit (Pension) · DOL Form 5500 · 2024

Lazard Freres & Co. LLC Pension Plan

Data updated 2026-08-11

$15M
Total assets
141
Participants
64th
Percentile by assets
$104,613
Avg per participant
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Official DOL plan name: Lazard Freres & Co. LLC Employees' Pension Plan · Sponsored by Lazard Freres & Co. LLC · New York · Finance & Insurance

$15M in assets, 141 participants

Lazard Freres & Co. LLC's Lazard Freres & Co. LLC Employees' Pension Plan reported $15M in total assets and 141 participants in its 2024 DOL Form 5500 filing, ranking in the 64th 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.

  • 64th percentile by assets (of 123,622 plans)
  • #4,123 in Finance & Insurance (8,549 peers)

Coverage in New York

Lazard Freres & Co. LLC Employees' Pension Plan covers 141 participants in New York, about 18% of the average New York filer (state average ~798 per filing). Assets: $15M.

$15M
total plan assets (2024 EOY)
141
covered participants
64th
percentile by assets (of 123,622 plans)
$104,613
avg assets per participant

The plan reported a net loss of $763K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Lazard Freres & Co. LLC Employees' Pension Plan sits by total assets

Lazard Freres & Co. LLC Employees' Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$14,750,369 Top 36% higher than 64% of 123,620 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 2024

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lazard Freres & Co. LLC Employees' Pension Plan reported net income fell from -$473K in the plan year 2023 filing to -$763K in the plan year 2024 filing.
  • Lazard Freres & Co. LLC Employees' Pension Plan reported participants fell from 162 in the plan year 2023 filing to 141 in the plan year 2024 filing.
  • Lazard Freres & Co. LLC Employees' Pension Plan end-of-year assets fell from $16M in the plan year 2023 filing to $15M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
New York
Industry
Finance & Insurance

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. Lazard Freres & Co. LLC Employees' Pension Plan reports 141 participants - about 18% of that state average ($15M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$15M
Net Income-$763K
Employer EIN135545100
Plan Effective Date1976-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lazard Freres & Co. LLC)

$500M$600M$700M$800M$900M 202220232024 $610M $847M ▲ +38.9%
Total plan assets by year, all Lazard Freres & Co. LLC plans on file
Year Plans Participants Total Assets
2022 2 1,727 $610M
2023 2 1,982 $740M
2024 2 1,892 $847M

Nearby Defined Benefit (Pension) Plans in New York

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

Lazard Freres & Co. LLC Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -505101520 Total assets ($B) Participants Lazard Freres & Co. …, Total assets ($B): 0.014750369 · Participants: 141Lazard Freres & Co. …IBM Personal Pension…, Total assets ($B): 17.919858993 · Participants: 48014IBM Personal Pension…1199seiu Health Care…, Total assets ($B): 16.913316696 · Participants: 1118331199seiu Health Care…Consolidated Edison …, Total assets ($B): 15.588456377 · Participants: 10608Consolidated Edison …Pfizer Consolidated …, Total assets ($B): 9.970337119 · Participants: 8876Pfizer Consolidated …GE Energy Pension Plan, Total assets ($B): 8.92290143 · Participants: 5829GE Energy Pension Plan
Lazard Freres & Co. LLC Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in New York, assets vs. participants
Compare Lazard Freres & Co. LLC Employees' Pensi… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Lazard Freres & Co. LLC Employees' Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Lazard Freres & Co. LLC Employees' Pension Plan assets move in 2024? ▼
Lazard Freres & Co. LLC Employees' Pension Plan edged down modestly - down 4.9% during 2024, from $16M to $15M. Reported net income was -$763K.
How have Lazard Freres & Co. LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lazard Freres & Co. LLC's sponsor-wide assets grew 38.9%, from $610M to $847M.
Which Defined Benefit (Pension) plans are similar in size to Lazard Freres & Co. LLC Employees' Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Defined Benefit Plan for Employees of Catholic Social Services of the Diocese of Scranto in PA ($15M, 25 participants).

Next read for Lazard Freres & Co. LLC Employees' Pensi…

Filing takeaways

Ways to act on Lazard Freres & Co. LLC Employees' Pension Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 135545100.

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.