Plans » Benchmarking Engine
Benchmarking Willkie Farr & Gallagher LLP Retirement Savings Plan in New York, NY against
good (14)
neutral (9)
Willkie Farr & Gallagher LLP Retirement Savings Plan in New York, NY has the 12th-highest net income ($97,626,642) of the 129 plans whose industry group is Legal Services. Those $97,626,642 compare to an average of $53,237,952 across the 129 plans.
Note: net income = total income - total expenses
Willkie Farr & Gallagher LLP Retirement Savings Plan has these standings among those 129 peer plans:
Note: net income = total income - total expenses
Willkie Farr & Gallagher LLP Retirement Savings Plan has these standings among those 129 peer plans:
- net income = $97,626,642 (12th-highest)
- total income = $137,251,245 (14th-highest)
- total expenses = $39,624,603 (27th-highest)
- whose industry group is. The industry group is the first four digits from the six-digit NAICS business code, Line 2d in Form 5500, which best describes the nature of the plan sponsor’s business, from the available list. If more than one employer or employee organization is involved, filers are asked to enter the business code for the main business activity of the employer and/or employee organizations. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
- net income. Higher values are better. Net income, Line 2k from Schedule H, equals total income (Line 2d) minus total expenses (Line 2j), all from Schedule H. Except where noted, all data come from the 25-October-2023 updates to the year-2021 5500 Forms and Schedule H from the public websites at the Department of Labor, Employee Benefits Security Administration.
Willkie Farr & Gallagher LLP Retirement Savings Plan in New York, NY is in New York, NY, its EIN is 135536844, its industry group is Legal Services, its plan administrator is Kenneth O'Connor, is a profit-sharing plan, covered by a fidelity bond, an ERISA section 404(c) plan, provides for automatic enrollment, provides participant-directed brokerage accounts as investment options, is a single-employer plan, its business code is 541110, has 1,000 to 4,999 total participants, is better than the overall plan medians in each of total income, net income, participant loans as a percentage of plan assets, and yield on beginning-of-plan-year total assets (4 total), is better than the overall participant averages in each of net income per total participant, average account balance, active-participant contributions per head, employer contributions per active participant, and total administrative expense per participant (the entire set of 5), and is lower than the overall administrative medians in each of other administrative expenses, total administrative expenses, and total administrative expense ratio.
Global References
Numeric values:
- net assets (assets minus liabilities) ($761.10M)
- total assets ($761,083,965)
- value of interest in registered investment companies (e.g., mutual funds) ($706.30M)
- total assets at beginning of plan year ($663,457,323)
- total income ($137,251,245)
- earnings on investments ($99,842,819)
- net earnings on investments ($99,842,819)
- net income ($97,626,642)
- value of interest in common/collective trusts ($40,981,654)
- total expenses ($39,624,603)
- total contributions ($37,408,426)
- cash contributions from participants ($17,302,045)
- cash contributions from employers ($12,743,313)
- interest-bearing cash (e.g., money market accounts, certificates of deposit) ($12,101,337)
- participant loans ($1,274,913)
- total noninterest-bearing cash ($463,442)
- average account balance ($344,538)
- other administrative expenses ($97,783)
- total administrative expenses ($97,783)
- net income per total participant ($44,195)
- average participant cash contribution per active participant ($12,254)
- average employer cash contribution per active participant ($9,025)
- corrective distributions ($3,371)
- total administrative expense per participant ($44.27)
- receivables employer contributions ($0)
- receivables participant contributions ($0)
- other receivables (not employer nor participant contributions) ($0)
- U.S. government securities ($0.0K)
- corporate debt instruments (preferred & other than employer securities) ($0)
- corporate debt instruments (below preferred & other than employer securities) ($0)
- corporate preferred stocks (other than employer securities) ($0)
- corporate common stocks (other than employer securities) ($0)
- partnership/joint venture interests ($0)
- real estate (other than employer real property) ($0)
- loans (other than to participants) ($0)
- value of interest in pooled separate accounts ($0)
- value of interest in master trust investment accounts ($0.0K)
- value of interest in 103-12 investment entities ($0)
- value of funds held in insurance company general account (unallocated contracts) ($0)
- other general investments ($0)
- employer-related securities investments ($0)
- employer-related real-property investments ($0)
- buildings and other property used in plan operation ($0)
- total liabilities ($0)
- professional fees ($0)
- contract administrator fees ($0)
- investment advisory and management fees ($0)
- asset transfers to this plan ($0)
- asset transfers from this plan ($0)
- percentage of active participants (63.9%)
- yield on beginning-of-plan-year total assets (15.05%)
- diversity of asset types (9.7%)
- total cash as a percentage of plan assets (1.65%)
- participant loans as a percentage of plan assets (0.17%)
- total administrative expense ratio (0.013%)
- employer securities as a percentage of plan assets (0.00%)
- active participants (1,412)
- deceased participants whose beneficiaries receive or are entitled to benefits (5)
- living participants (2,204)
- other retired or separated participants entitled to future benefits (763)
- retired or separated participants receiving benefits (29)
- total participants (2,209)
Global References