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Company:
Reed Smith LLP
Plan:
Reed Smith LLP Deferred Profit Sharing Plan
 

Reed Smith LLP

87 Plan:

 
 
87
46
79
90
0
10
20
30
40
50
60
70
80
90
100
For the average 401k participant, the 3 point difference between this plan's BrightScope Rating (87) and the top rated plan (90) could equate to:
[How is this calculated?]
2 additional years of work
Up to $35,400 in lost retirement savings.
The delay in retirement calculations apply solely to this defined contribution plan and do not take into account other retirement plans and programs offered by this employer.

 

Retirement Plan Description

Reed Smith LLP Deferred Profit Sharing Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 87, placing it in the top 15% of all plans in its peer group. This plan is also in the top 15% of plans for Account Balances, Company Generosity, Investment Menu Quality, Participation Rate, Salary Deferral, and Total Plan Cost. Reed Smith LLP Deferred Profit Sharing Plan currently has over 2,300 active participants and over $469.1M in plan assets.

 

 Retirement Plan Details

Address 20 Stanwix Street
Suite 1200
Pittsburgh, PA 15222 
Industry Offices of Lawyers
Administrator Susan Weber
Net Plan Assets $469,000,000
Total Participants 2,400
Avg Account Balance $200,000

 Top 3 Funds in this 401k

1. T. Rowe Price Personal Strategy Balanced 17%
2. BNY Mellon Daily Liquidity Stock Index 13%
3. BNY Mellon Stable Value Fund 10%

  Plan Service Providers

Recordkeeper ACS HR Solutions
Consultant Gallagher Benefit Services, Inc.
Auditor Love, Scherle & Bauer

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