401(k) · DOL Form 5500 · 2024

Balch & Bingham LLP 401(k) Plan

Data updated 2026-08-11

$315M
Total assets
355
Participants
96th
Percentile by assets
$887,418
Avg per participant
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Official DOL plan name: Balch & Bingham LLP 401(k) Profit Sharing Plan · Sponsored by Balch & Bingham LLP · Alabama · Professional & Technical Services

$315M in assets, 355 participants

Balch & Bingham LLP's Balch & Bingham LLP 401(k) Profit Sharing Plan reported $315M in total assets and 355 participants in its 2024 DOL Form 5500 filing, ranking in the 96th 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.

  • 96th percentile by assets (of 123,622 plans)
  • #19,564 in Professional & Technical Services (20,173 peers)

Where Balch & Bingham LLP 401(k) Profit Sharing Plan sits by assets

Balch & Bingham LLP 401(k) Profit Sharing Plan sits in the top 5% of all filed plans by assets, $315M for 355 participants (~$887,418/participant), up 6.2% in 2024.

$315M
total plan assets (2024 EOY)
355
covered participants
96th
percentile by assets (of 123,622 plans)
$887,418
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Balch & Bingham LLP 401(k) Profit Sharing Plan reported net income fell from $43M in the plan year 2023 filing to $18M in the plan year 2024 filing.
  • Balch & Bingham LLP 401(k) Profit Sharing Plan end-of-year assets rose from $297M in the plan year 2023 filing to $315M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Balch & Bingham LLP 401(k) Profit Sharing Plan vs the 2024 asset distribution

By assets, Balch & Bingham LLP 401(k) Profit Sharing Plan outranks 96% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 3.2x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$297M
Net Assets (End of Year)$315M
Net Income$18M
Employer EIN630328165
Plan Effective Date1968-12-23
Filing StatusFILING RECEIVED

Sponsor Plan History (Balch & Bingham LLP)

$240M$260M$280M$300M$320M$340M 202220232024 $254M $315M ▲ +24.0%
Total plan assets by year, all Balch & Bingham LLP plans on file
Year Plans Participants Total Assets
2022 1 365 $254M
2023 1 352 $297M
2024 1 355 $315M

Nearby 401(k) Plans in Alabama

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

Balch & Bingham LLP 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Alabama, assets vs. participants

Balch & Bingham LLP 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 01234 Total assets ($B) Participants Balch & Bingham LLP …Regions Financial Co…Encompass Health Cor…Hexagon Employee Ret…Vulcan 401(k) PlanMercedes-Benz U.S. I…
Balch & Bingham LLP 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Alabama, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Balch & Bingham LLP 401(k) Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Balch & Bingham LLP 401(k) Profit Sharing Plan assets move in 2024?
Balch & Bingham LLP 401(k) Profit Sharing Plan grew at a solid clip - up 6.2% during 2024, from $297M to $315M. Reported net income was $18M.
How have Balch & Bingham LLP plan assets changed over time?
Across 3 plan years on file (2022-2024), Balch & Bingham LLP's sponsor-wide assets grew 24.0%, from $254M to $315M.
Where does Balch & Bingham LLP 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Balch & Bingham LLP 401(k) Profit Sharing Plan ranks in the 96th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Balch & Bingham LLP 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Billerud Americas Corporation Retirement Savings Plan for Bargained Employees in OH ($315M, 852 participants).

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