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Retirement plan

KIRKLAND & ELLIS LLP DEFINED CONTRIBUTION 401(K) SAVINGS PLAN

KIRKLAND & ELLIS LLPEIN 36-1326630Plan #003PY 2024
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333 WEST WOLF POINT PLAZA - CHICAGO, IL 606543406312-862-2000kirkland.comLinkedIn5001-10000 employeeslaw practice
Other plans on this EIN
1 filing
#006Retirement-$787.8M assets
Prospect flagsHigh assets / participantCorrective distributions

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
LISA RADER
Signed 10/01/2025
(312) 862-2000
Plan administrator signer
RICK CAMPBELL
Signed 10/01/2025
Plan administrator entity
KIRKLAND & ELLIS LLP BENEFITS COMMITTEE
EIN 362874412
How to read this page

Summary metrics

Total assets (EOY)
$2671.4M
-9.6% from 2016
Total participants
9,265
-7.1% from 2016
Average account balance
$291,071
-2.5% from 2016
Annual return
14.73%
-8.64 pp from 2016

Benchmarks

See 108 peers
Peer group
Industry54 - Professional, Scientific, and Technical Services
Plan typeDefined contribution
Participants5,000-9,999
Cohort108 peers
Snapshot2024
Participant deferral / active EE
$16,455
median $8,000
Employer contribution / active EE
$12,707
median $2,889
Participation rate
98.5%
median 92.8%
Avg account balance
$291,071
median $109,940
Admin fee / account holder
$88
median $67
Annual return
14.73%
median 16.00%
Overall peer rank
73rd percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$2.67B
Average account balance
Total assets / participants with a balance (line 6g)
$291K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
9,178
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
98.5%
Contributions (total)
Employer and participant dollars contributed each year
$171.47M
Contributions per participant
Average employer and participant contribution per enrolled participant
$29K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+14.73%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$88
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 4 by compensation
ProviderService typeCompensation
THE VANGUARD GROUP, INC.10+ years
Service code 15 · EIN 23-1945930
Recordkeeping
$445,388
VANGUARD ADVISERS INC.4 years
Service code 26 · EIN 23-2811930
Advisory (Participants)
$379,900
CERITY PARTNERS LLC1 year
Service code 99 · EIN 27-1180831
Other Fees
$7,841
CHARLES SCHWAB & CO., INC.1 year
Service code 99
Other Fees
$0

Top hat statement on fileNQDC

Filed August 19, 1992

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

Open the filing PDF

Plan features & details

Pension benefit codes2E2F2G2J2K2T3B
Plan features
  • 2E
    Profit-sharing
    Profit-sharing plan.
  • 2F
    ERISA section 404(c) plan
    This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
  • 2G
    Total participant-directed account plan
    Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • 2J
    Code section 401(k) feature
    Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
  • 2K
    Code section 401(m) arrangement
    Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
  • 2T
    Default investment account
    Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
  • 3B
    Plan covering self-employed individuals
    Plan covering self-employed individuals.

Opportunity flags

2 tripped
  • ComplianceCorrective distributions

    Plan reported corrective distributions (failed ADP/ACP testing).

  • InformationalHigh assets / participant

    Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II
Admin total
$805K
$137 / participant
  • Other / not subdivided$805K100.0%
% of EOY assets
0.030%
all-in expense ratio
Categories reported
0 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm
PRICEWATERHOUSECOOPERS
Auditor EIN
134008324
Audit fees
(not subdivided)
Opinion code
Unqualified