401(k) · DOL Form 5500 · 2024

Reed Smith LLP 401(k) Plan

Data updated 2026-08-25

$1.2B
Total assets Very large vs avg
2,022
Participants Near avg headcount
99th
Percentile by assets National rank
$588,088
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

$1.2B in assets, 2,022 participants

Reed Smith LLP's Reed Smith 401(k) Plan reported $1.2B in total assets and 2,022 participants in its 2024 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.

  • #19,996 in Professional & Technical Services (20,173 peers)

Coverage in Pennsylvania

Reed Smith 401(k) Plan covers 2,022 participants in Pennsylvania, 2.5x the typical Pennsylvania plan (state average ~822 per filing). Assets: $1.2B.

#19,996
in Professional & Technical Services (20,173 peers)
+9.0%
assets growth YoY
12×
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 2024 · DOL Form 5500

$1,189,114,820 Top 1% higher than 99% of 123,620 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 2024

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

Plan-year 2024 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 (2,022 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Reed Smith 401(k) Plan reported net income fell from $130M in the plan year 2023 filing to $98M in the plan year 2024 filing.
  • Reed Smith 401(k) Plan end-of-year assets rose from $1.1B in the plan year 2023 filing to $1.2B in the plan year 2024 filing.
  • Reed Smith 401(k) Plan reported participants fell from 2,099 in the plan year 2023 filing to 2,022 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 250749630 · Reed Smith LLP PY 2024 · 401(k)

Reed Smith 401(k) Plan · $1.2B · 2,022 · 99th

  • NET $1.2B
  • BOOK 2,022
  • VS-ST 99th
  • BOY 401(k)
  • SCH near Yahoo 401(k) Savings Plan
  • EBSA ind #19996

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$1.2BYahoo 401(k) Savings Plan$1.2BBok Financial 401(k) Plan$1.2BElectrical Workers Local No. 292 Defined Contribution and 401(k) PlanElectrical Workers Local No.…$1.2BTroutman Pepper Defined Contribution PlanTroutman Pepper Defined Cont…$1.2B
End-of-year total assets ($B) among Reed Smith 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$1.1B
Net Assets (End of Year)$1.2B
Net Income$98M
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. -20000020000400006000080000100000 0510152025 Total assets ($B) Participants Reed Smith 401(k) Plan, Total assets ($B): 1.18911482 · Participants: 2022Reed Smith 401(k) PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 19.687957793 · Participants: 90495Comcast Corporation Retirement - Investment PlanThe Cigna Group 401(k) Plan, Total assets ($B): 14.20308608 · Participants: 63634The Cigna Group 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 11.084818612 · Participants: 18066The Vanguard Retirement and Savings PlanThermo Fisher Scientific Inc. 401(k) Retirement Plan, Total assets ($B): 10.263366209 · Participants: 36150Thermo Fisher Scientific Inc. 401(k) Retirement PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 10.189629 · Participants: 54604The PNC Financial Services Group, Inc. Incentive Savings Plan
Reed Smith 401(k) Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

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 Yahoo 401(k) Savings Plan in NY ($1.2B); by covered participants it is Smart Care Solutions 401(k) Plan in MN (2,022 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.2B here).

Similar participant headcount

Nearest other-state filings by covered participants (2,022 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024?
Reed Smith 401(k) Plan grew at a solid clip - up 9.0% during 2024, from $1.1B to $1.2B. Reported net income was $98M.
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 123,622 plans that reported assets for plan year 2024 (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 Yahoo 401(k) Savings Plan in NY ($1.2B, 4,480 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 Smart Care Solutions 401(k) Plan in MN (2,022 participants, $61M in assets).