Overview

Plan Rating

BrightScope Rating
86
Lowest Rating in Peer Group
Average Rating in Peer Group
Highest Rating in Peer Group
0102030405060708090100
Lowest in Peer Group (46)
Average in Peer Group (81)
Highest in Peer Group (91)

Plan Description

Reed Smith LLP 401k Plan is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 86. This plan is in the top 15% of plans for Account Balances, Company Generosity, Participation Rate, and Salary Deferral. Reed Smith LLP 401k Plan currently has over 3,200 active participants and over $729.5M in plan assets.

Did you know?

For the average 401k participant, the 5 point difference between this plan's BrightScope Rating (86) and the top rated plan (91) could equate to:
4
Additional years of work
*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. How is this calculated?

Plan Details

Plan Details Relevant details about the plan and the plan sponsor, including the address and industry of the plan sponsor and the size of the plan in assets and participants.

 
Plan data accurate as of 12/31/2014
Plan data has been audited by an Independent Qualified Public Accountant (IQPA).
Address 20 Stanwix Street Suite 1200
  • Location
    Pittsburgh , PA
  • 15222
  • Industry
    Offices of Lawyers
  • Administrator
    Susan Weber
  • Net Plan Assets
    $730,000,000
  • Total Participants
    3,200
  • Avg Account Balance
    $230,000

Plan Components

Component Ratings

Design

Total Plan Cost:
Low Fees
Company Generosity:
Great

Performance

Participation Rate:
Great
Salary Deferrals:
Great
Account Balance:
Great

Design

Total Plan Cost:
High Fees
Company Generosity:
Great

Performance

Participation Rate:
Great
Salary Deferrals:
Above Average
Account Balance:
Great
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Investments

Investment Menu Stats

# of Investment Options

170

(Plan Average: 20)

Largest Funds in this Plan Allocation of Assets 1 YR Rank in Category
T. Rowe Price Personal Strategy Balanced 19%
20%
BNY Mellon Daily Liquidity Stock Index 16%
N/A
BNY Mellon Daily Liquidity Mid Cap Index 9%
N/A
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
Fund hidden
100%
View all funds in this plan

Providers

Plan Service Providers

SERVICE PROVIDER
Recordkeeper
Xerox HR Solutions, LLC
Consultant
GBS Retirement Services, Inc.
Auditor
Love, Scherle & Bauer