Employers › Allen Overy Shearman Sterling US › plan 003
Recordkeeping fees per participant · Shearman & Sterling LLP Retirement Savings Plan · plan year 2024
$54.03
Higher than 56% of the 1,697 plans $250M to 1B that report it.
= $119,035 / 2,203
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251013165848NAL0000844339001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013165848NAL0000844339001, received 2025-10-13
Percentiles compare this plan with the Schedule H plans $250M to 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 2025-10-13.
Administrative expenses excluding investment management, per participant
$87.78
Higher than 69% of the 2,324 plans $250M to 1B that report it.
= $193,381 / 2,203
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251013165848NAL0000844339001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013165848NAL0000844339001, received 2025-10-13
Administrative expenses per participant
$87.78
Higher than 50% of the 2,405 plans $250M to 1B that report it.
= $193,381 / 2,203
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013165848NAL0000844339001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013165848NAL0000844339001, received 2025-10-13
Administrative expenses as a share of assets
0.036%
Higher than 22% of the 2,407 plans $250M to 1B that report it.
= $193,381 / $542,143,329
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013165848NAL0000844339001, received 2025-10-13
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251013165848NAL0000844339001, received 2025-10-13
Employer contributions per participant
$1,716
Higher than 20% of the 2,457 plans $250M to 1B that report it.
= $3,780,387 / 2,203
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013165848NAL0000844339001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013165848NAL0000844339001, received 2025-10-13
Employer share of total contributions
19.9%
Higher than 15% of the 2,459 plans $250M to 1B that report it.
= $3,780,387 / $19,018,441
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013165848NAL0000844339001, received 2025-10-13
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251013165848NAL0000844339001, received 2025-10-13
2A age/service-weighted · 2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 2S pre-approved plan document · 2T default investment (QDIA) · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251013165848NAL0000844339001, received 2025-10-13
| Field | Value | Source |
|---|---|---|
| Plan sponsor | ALLEN OVERY SHEARMAN STERLING US LLP | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251013165848NAL0000844339001, received 2025-10-13 |
| Plan name | SHEARMAN & STERLING LLP RETIREMENT SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251013165848NAL0000844339001, received 2025-10-13 |
| Sponsor EIN / plan number | 13-5514352 / 003 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251013165848NAL0000844339001, received 2025-10-13 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251013165848NAL0000844339001, received 2025-10-13 |
| Sponsor location | NEW YORK, NY | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251013165848NAL0000844339001, received 2025-10-13 |
| Industry (business code) | 541110, Professional, scientific, and technical services | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251013165848NAL0000844339001, received 2025-10-13 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251013165848NAL0000844339001, received 2025-10-13 |
| Filing received | 2025-10-13 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251013165848NAL0000844339001, received 2025-10-13 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251013165848NAL0000844339001, received 2025-10-13 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251013165848NAL0000844339001, received 2025-10-13 |
| Participants, beginning of year | 2,335 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251013165848NAL0000844339001, received 2025-10-13 |
| Active participants | 708 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251013165848NAL0000844339001, received 2025-10-13 |
| Participants, end of year | 2,266 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251013165848NAL0000844339001, received 2025-10-13 |
| Participants with an account balance | 2,203 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013165848NAL0000844339001, received 2025-10-13 |
| Total assets, beginning of year | $502,663,897 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251013165848NAL0000844339001, received 2025-10-13 |
| Total assets, end of year | $542,143,329 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251013165848NAL0000844339001, received 2025-10-13 |
| Net assets, end of year | $542,143,329 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251013165848NAL0000844339001, received 2025-10-13 |
| Total income | $97,093,347 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251013165848NAL0000844339001, received 2025-10-13 |
| Net income | $39,479,432 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251013165848NAL0000844339001, received 2025-10-13 |
| Employer contributions | $3,780,387 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013165848NAL0000844339001, received 2025-10-13 |
| Participant contributions | $11,931,087 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251013165848NAL0000844339001, received 2025-10-13 |
| Other contributions (incl. rollovers) | $3,306,967 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251013165848NAL0000844339001, received 2025-10-13 |
| Total contributions | $19,018,441 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251013165848NAL0000844339001, received 2025-10-13 |
| Benefit payments | $57,420,534 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251013165848NAL0000844339001, received 2025-10-13 |
| Total expenses (incl. benefit payments) | $57,613,915 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251013165848NAL0000844339001, received 2025-10-13 |
| Total administrative expenses | $193,381 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013165848NAL0000844339001, received 2025-10-13 |
| Recordkeeping fees | $119,035 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251013165848NAL0000844339001, received 2025-10-13 |
| Administrative expenses excluding investment management | $193,381 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251013165848NAL0000844339001, received 2025-10-13 |
| Held in common/collective trusts | $156,760,550 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251013165848NAL0000844339001, received 2025-10-13 |
| Held in mutual funds | $383,352,778 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251013165848NAL0000844339001, received 2025-10-13 |
| Independent auditor | EISNERAMPER LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251013165848NAL0000844339001, received 2025-10-13 |
Position = column in the DOL layout for form year 2024. Filing 20251013165848NAL0000844339001, received 2025-10-13.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| T ROWE PRICE RPS INCrecordkeeper | NONE | 15 Recordkeeping and information management; 21 Trustee (bank, trust company or similar); 25 Trustee (directed); 28 Investment management; 33 Securities brokerage; 37 Participant loan processing; 38 Participant communication; 49 Other services; 50 Direct payment from the plan; 52 Investment management fees paid indirectly by plan; 55 Other commissions; 59 Shareholder servicing fees; 62 Float revenue; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $119,035 | yes |
| FIDUCIENT ADVISORS | NONE | 16 Consulting (general); 50 Direct payment from the plan | $74,346 | no |
| CHARLES SCHWAB & CO., INC. | NONE | 33 Securities brokerage; 50 Direct payment from the plan; 55 Other commissions; 59 Shareholder servicing fees; 62 Float revenue; 71 Securities brokerage commissions and fees | $100 | yes |
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 20251013165848NAL0000844339001, received 2025-10-13.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $502,663,897 | $542,143,329 | 7.9% |
| Participants with a balance | 2,241 | 2,203 | -1.7% |
| Administrative expenses | $249,096 | $193,381 | -22.4% |
| Recordkeeping fees per participant | $79.02 | $54.03 | -31.6% |
| Employer contributions | $1,700,578 | $3,780,387 | 122.3% |
Prior filing 20241011073956NAL0010704403001, received 2024-10-11; the plan years are contiguous.