Plan Snapshot
- Plan Sponsor: Reed Smith LLP
- Sponsor EIN: 250749630
- Sponsor Address: 20 STANWIX ST STE 1200, PITTSBURGH, PA, 152224803
- Plan Type: 401(k)
- Total Participants: 2,094
- Total Assets: $1.2B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,094 | $1.2B | $27.8M | $25.6M |
| 2023 | 2,022 | $1.1B | $26.3M | $26.4M |
| 2022 | 2,099 | $960.9M | $24.5M | $24.4M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FIDUCIENT ADVISORS LLC | INVESTMENT ADVISOR | $130,984 | — | $130,984 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $86,452 | — | $86,452 |
| BAKER TILLY VIRCHOW KRAUSE, LLP | ACCOUNTANT/AUDITOR | $16,300 | — | $16,300 |
| BAKER TILLY US, LLP | Auditor | $16,300 | — | $16,300 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $250,036
- Estimated Expense Ratio: 0.021% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $237,814 | $86,452 | — | $16,300 | — |
| 2023 | $243,543 | $103,783 | — | $15,550 | — |
| 2022 | $310,296 | $98,357 | — | — | — |