Employers › Latham & Watkins
Recordkeeping fees per participant · Latham & Watkins 401(k) Savings and Profit Sharing Plan · plan year 2024
$3.10
Higher than 6% of the 790 plans over $1B that report it.
= $24,891 / 8,020
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250725003531NAL0006848400001, received 2025-07-25
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250725003531NAL0006848400001, received 2025-07-25
Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-07-25.
Administrative expenses excluding investment management, per participant
$8.10
Higher than 9% of the 1,045 plans over $1B that report it.
= $64,944 / 8,020
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250725003531NAL0006848400001, received 2025-07-25
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250725003531NAL0006848400001, received 2025-07-25
Administrative expenses per participant
$170.09
Higher than 89% of the 1,076 plans over $1B that report it.
= $1,364,135 / 8,020
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250725003531NAL0006848400001, received 2025-07-25
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250725003531NAL0006848400001, received 2025-07-25
Administrative expenses as a share of assets
0.044%
Higher than 49% of the 1,076 plans over $1B that report it.
= $1,364,135 / $3,071,147,941
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250725003531NAL0006848400001, received 2025-07-25
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250725003531NAL0006848400001, received 2025-07-25
Employer contributions per participant
$6,901
Higher than 82% of the 1,135 plans over $1B that report it.
= $55,347,613 / 8,020
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250725003531NAL0006848400001, received 2025-07-25
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250725003531NAL0006848400001, received 2025-07-25
Employer share of total contributions
26.9%
Higher than 29% of the 1,135 plans over $1B that report it.
= $55,347,613 / $205,451,360
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250725003531NAL0006848400001, received 2025-07-25
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250725003531NAL0006848400001, received 2025-07-25
Plan terms are not published in public filings.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2R participant brokerage window · 2S pre-approved plan document · 2T default investment (QDIA) · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250725003531NAL0006848400001, received 2025-07-25
| Field | Value | Source |
|---|---|---|
| Plan sponsor | LATHAM & WATKINS LLP | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250725003531NAL0006848400001, received 2025-07-25 |
| Plan name | LATHAM & WATKINS 401(K) SAVINGS AND PROFIT SHARING PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250725003531NAL0006848400001, received 2025-07-25 |
| Sponsor EIN / plan number | 95-2018373 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250725003531NAL0006848400001, received 2025-07-25 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250725003531NAL0006848400001, received 2025-07-25 |
| Sponsor location | LOS ANGELES, CA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250725003531NAL0006848400001, received 2025-07-25 |
| Industry (business code) | 541110, Professional, scientific, and technical services | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250725003531NAL0006848400001, received 2025-07-25 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250725003531NAL0006848400001, received 2025-07-25 |
| Filing received | 2025-07-25 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250725003531NAL0006848400001, received 2025-07-25 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250725003531NAL0006848400001, received 2025-07-25 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250725003531NAL0006848400001, received 2025-07-25 |
| Participants, beginning of year | 7,923 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250725003531NAL0006848400001, received 2025-07-25 |
| Active participants | 4,864 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250725003531NAL0006848400001, received 2025-07-25 |
| Participants, end of year | 8,106 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250725003531NAL0006848400001, received 2025-07-25 |
| Participants with an account balance | 8,020 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250725003531NAL0006848400001, received 2025-07-25 |
| Total assets, beginning of year | $2,673,751,808 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250725003531NAL0006848400001, received 2025-07-25 |
| Total assets, end of year | $3,071,147,941 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250725003531NAL0006848400001, received 2025-07-25 |
| Net assets, end of year | $3,071,147,941 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250725003531NAL0006848400001, received 2025-07-25 |
| Total income | $579,556,350 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250725003531NAL0006848400001, received 2025-07-25 |
| Net income | $397,396,133 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250725003531NAL0006848400001, received 2025-07-25 |
| Employer contributions | $55,347,613 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250725003531NAL0006848400001, received 2025-07-25 |
| Participant contributions | $104,795,682 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250725003531NAL0006848400001, received 2025-07-25 |
| Other contributions (incl. rollovers) | $45,308,065 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250725003531NAL0006848400001, received 2025-07-25 |
| Total contributions | $205,451,360 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250725003531NAL0006848400001, received 2025-07-25 |
| Benefit payments | $180,717,153 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250725003531NAL0006848400001, received 2025-07-25 |
| Total expenses (incl. benefit payments) | $182,160,217 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250725003531NAL0006848400001, received 2025-07-25 |
| Total administrative expenses | $1,364,135 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250725003531NAL0006848400001, received 2025-07-25 |
| Contract administrator fees | $7,356 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250725003531NAL0006848400001, received 2025-07-25 |
| Recordkeeping fees | $24,891 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250725003531NAL0006848400001, received 2025-07-25 |
| IQPA audit fees | $20,668 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250725003531NAL0006848400001, received 2025-07-25 |
| Investment advisory and management fees | $1,299,191 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250725003531NAL0006848400001, received 2025-07-25 |
| Administrative expenses excluding investment management | $64,944 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250725003531NAL0006848400001, received 2025-07-25 |
| Held in common/collective trusts | $1,688,379,799 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250725003531NAL0006848400001, received 2025-07-25 |
| Held in mutual funds | $860,978,336 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250725003531NAL0006848400001, received 2025-07-25 |
| Independent auditor | HOLTHOUSE CARLIN & VAN TRIGT LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250725003531NAL0006848400001, received 2025-07-25 |
Position = column in the DOL layout for form year 2024. Filing 20250725003531NAL0006848400001, received 2025-07-25.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES,INCrecordkeeper | NONE | 15 Recordkeeping and information management; 26 Investment advisory (participants); 50 Direct payment from the plan; 64 Recordkeeping fees | $260,064 | no |
| SAGE ADVISORY GROUP | NONE | 28 Investment management; 50 Direct payment from the plan | $140,000 | no |
| MARINER PLATFORM SOLUTIONS LLC | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $124,937 | no |
| CHEVY CHASE TRUST COMPANY | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $116,322 | no |
| LMCG INVESTMENTS LLC | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $88,582 | no |
| HIGHTOWER ADVISORS LLC | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $68,226 | no |
| SRS CAPITAL ADVISORS LLC | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $45,730 | no |
| WESTMOUNT PARTNERS LLC | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $36,251 | no |
| RNC GENTER CAPITAL MANAGEMENT | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $35,157 | no |
| CAPITAL MGMT SERVICES INC | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $27,892 | no |
| CITY NATIONAL ROCHDALE LLC | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $27,561 | no |
| FISHER INVESTMENTS | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $26,548 | no |
| HOLTHOUSE CARLIN AND VAN TRIGT LLP | NONE | 10 Accounting (including auditing); 50 Direct payment from the plan | $24,000 | no |
| CORIENT PRIVATE WEALTH LLC | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $23,040 | no |
| CHICAGO WEALTH MANAGEMENT INC | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $22,392 | no |
| DESTINATION WEALTH MANAGEMENT | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $22,093 | no |
| KAYNE ANDERSON RUDNICK | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $21,018 | no |
| CERITY PARTNERS LLC | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $20,808 | no |
| BRINKER CAPITAL INVESTMENTS LL | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $19,458 | no |
| HUFFMAN MARK C | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $17,145 | no |
| BLANKINSHIP & FOSTER LLC | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $16,137 | no |
| PIETZSCH BONNETT & WOMACK PA | NONE | 29 Legal; 50 Direct payment from the plan | $16,052 | no |
| CHARLES SCHWAB & CO., INC. | NONE | 33 Securities brokerage; 50 Direct payment from the plan; 59 Shareholder servicing fees; 62 Float revenue; 71 Securities brokerage commissions and fees | $14,474 | yes |
| IRONBRIDGE PRIVATE WEALTH LLC | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $13,085 | no |
| CREATIVE PLANNING LLC | NONE | 26 Investment advisory (participants); 50 Direct payment from the plan | $10,811 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250725003531NAL0006848400001, received 2025-07-25.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $2,673,751,808 | $3,071,147,941 | 14.9% |
| Participants with a balance | 7,854 | 8,020 | 2.1% |
| Administrative expenses | $1,137,490 | $1,364,135 | 19.9% |
| Recordkeeping fees per participant | $3.25 | $3.10 | -4.4% |
| Employer contributions | $52,188,025 | $55,347,613 | 6.1% |
Prior filing 20240911105028NAL0006936081001, received 2024-09-11; the plan years are contiguous.
Sponsor name as filed: LATHAM & WATKINS LLP; SEC registrant: Latham & Watkins LLP (CIK 1455861, matched by EIN).