Profit Sharing · DOL Form 5500 · 2024

Herbert Smith Freehills Kramer (US) LLP Profit Sharing Plan

Data updated 2026-08-11

$424M
Total assets
342
Participants
97th
Percentile by assets
$1.2M
Avg per participant
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Official DOL plan name: Kramer Levin Profit-Sharing Retirement Plan · Sponsored by Herbert Smith Freehills Kramer (US) LLP · New York · Professional & Technical Services

$424M in assets, 342 participants

Herbert Smith Freehills Kramer (US) LLP's Kramer Levin Profit-Sharing Retirement Plan reported $424M in total assets and 342 participants in its 2024 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 123,622 plans)
  • #19,698 in Professional & Technical Services (20,173 peers)

Coverage in New York

Kramer Levin Profit-Sharing Retirement Plan covers 342 participants in New York, about 43% of the average New York filer (state average ~798 per filing). Assets: $424M.

$424M
total plan assets (2024 EOY)
342
covered participants
97th
percentile by assets (of 123,622 plans)
$1.2M
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Kramer Levin Profit-Sharing Retirement Plan reported net income fell from $56M in the plan year 2023 filing to $37M in the plan year 2024 filing.
  • Kramer Levin Profit-Sharing Retirement Plan end-of-year assets rose from $387M in the plan year 2023 filing to $424M in the plan year 2024 filing.
  • Kramer Levin Profit-Sharing Retirement Plan reported participants fell from 352 in the plan year 2023 filing to 342 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. Kramer Levin Profit-Sharing Retirement Plan reports 342 participants - about 43% of that state average ($424M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$387M
Net Assets (End of Year)$424M
Net Income$37M
Employer EIN131944339
Plan Effective Date1979-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Herbert Smith Freehills Kramer (US) LLP)

$600M$700M$800M$900M 202220232024 $626M $815M ▲ +30.2%
Total plan assets by year, all Herbert Smith Freehills Kramer (US) LLP plans on file
Year Plans Participants Total Assets
2022 4 957 $626M
2023 4 1,123 $750M
2024 4 987 $815M

Nearby Profit Sharing Plans in New York

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Kramer Levin Profit-Sharing Retirement Plan vs. nearby Profit Sharing plans in New York, assets vs. participants

Kramer Levin Profit-Sharing Retirement Plan vs. nearby Profit Sharing plans in New York, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 00.511.522.5 Total assets ($B) Participants Kramer Levin Profit-…Annuity Plan of the …Annuity Fund Iuoe Lo…Annuity Fd of the Iu…The Research Foundat…Rochester Regional H…
Kramer Levin Profit-Sharing Retirement Plan vs. nearby Profit Sharing plans in New York, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Kramer Levin Profit-Sharing Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Kramer Levin Profit-Sharing Retirement Plan assets move in 2024?
Kramer Levin Profit-Sharing Retirement Plan grew at a solid clip - up 9.6% during 2024, from $387M to $424M. Reported net income was $37M.
How have Herbert Smith Freehills Kramer (US) LLP plan assets changed over time?
Across 3 plan years on file (2022-2024), Herbert Smith Freehills Kramer (US) LLP's sponsor-wide assets grew 30.2%, from $626M to $815M.
Where does Kramer Levin Profit-Sharing Retirement Plan rank by assets among Form 5500 filers?
Kramer Levin Profit-Sharing Retirement Plan ranks in the 97th 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 Profit Sharing plans are similar in size to Kramer Levin Profit-Sharing Retirement Plan?
Among Profit Sharing plans in other states, the closest by assets is St. Luke's Health Network Defined Contribution Plan in PA ($423M, 15,648 participants).

Next read for Kramer Levin Profit-Sharing Retirement P…

Filing takeaways

Ways to act on Kramer Levin Profit-Sharing Retirement Plan's numbers.