Overview
Plan Description
Baker Botts L.L.P. 401k and Savings Plan – Plan B is a defined contribution plan with a profit-sharing component and 401k feature. This plan has a BrightScope Rating of 89, 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, Participation Rate, Salary Deferral, and Total Plan Cost. Baker Botts L.L.P. 401k and Savings Plan – Plan B currently has over 800 active participants and over $261.9M in plan assets.
Did you know?
For the average 401k participant, the 4 point difference between this plan's BrightScope Rating (89) and the top rated plan (93) could equate to:
4
Additional years of work
52,858
Lost 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. 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 12/31/2019
Plan data has been audited by an Independent Qualified Public Accountant (IQPA). Address 910 Louisiana Street
Plan data has been audited by an Independent Qualified Public Accountant (IQPA). Address 910 Louisiana Street
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LocationHouston , TX77002-4916
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IndustryOffices of Lawyers
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Net Plan Assets$262,000,000
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Total Participants870
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Avg Account Balance$300,000
Plan Components
Component Ratings
Design
Total Plan Cost:
Lowest Fees
Company Generosity:
Great
Performance
Participation Rate:
Great
Salary Deferrals:
Great
Account Balance:
Great
Design
Total Plan Cost:
Low Fees
Company Generosity:
Great
Performance
Participation Rate:
Great
Salary Deferrals:
Great
Account Balance:
Great
Peer Group Plans
Company | Rating |
---|---|
Sullivan & Cromwell LLP | 92.9 |
Frost Brown Todd LLC | 85.8 |
Dykema Gossett PLLC | 85.4 |
Foley Hoag LLP | 85.1 |
Balch & Bingham LLP | 83.2 |
Fried, Frank, Harris, Shriver & Jacobson LLP | 83.0 |
Top Industry Articles
Compliance
Stimulus Bill Extends Some Provisions of the CARES Act
It also provides a way for retirement plan sponsors to avoid a partial plan termination.
December 28, 2020
exclusives
Coronavirus Hardship Withdrawals, Taxes and Your Retirement Plan Clients
Coronavirus-related withdrawals made in 2020 were a financial lifeline for some, but they could also turn into a major tax headache for others.
February 19, 2021
exclusives
Once They Catch On, PEPs Could Grow Exponentially
The current hesitancy over how they will take shape will be overcome by appreciation among advisers and sponsors alike at the prospect of expanding retirement coverage, sources say.
April 16, 2021
exclusives
Warn Your Clients: Don’t Abuse Coronavirus Hardship Withdrawals
Though retirement plans can allow individuals to self-certify that they qualify for a penalty-free coronavirus-related distribution, should the IRS discover otherwise during a future audit, a participant can be subject to substantial penalties.
June 11, 2020
Compliance
Lawsuit Challenges Fees in Kimberly-Clark's 401(k) Plan
The plaintiffs allege plan fiduciaries used what it calls ‘cobbled-together services from many providers’ and didn't monitor fees for any of them.
April 19, 2021
Investments
Largest Funds in this Plan | Allocation of Assets | 1 YR Rank in Category |
---|---|---|
Vanguard 500 Index | 20% |
13%
|
Vanguard Group Target Retirement | 15% |
34%
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Prudential Jennison Growth | 7% |
10%
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|
100%
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|
|
100%
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|
|
100%
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|
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100%
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View all funds in this plan
Articles and Questions

Boeing Fee Settlement Highlights the High Bar for Large Plans
Boeing Offers a Near Perfect Retirement Plan ModelIn most respects Boeing’s retirement offering is a great model of how to run a large retirement plan. Participants in Boeing’s 401(k) plan are beneficiaries of a participant-friendly design with immediate access, automatic enrollment, immediate ves
Why Do Investment Expenses Matter?
Ryan Alfred
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