Jenner & Block LLP 401(k) Review & Grade
Jenner & Block Profit Sharing Plan - #201
Chicago, ILProfessional, Scientific & Technical Services994 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$12,549Employer $ per active participant
$14,063Employee $ saved per active participant
0.02%Direct admin cost, % of plan assets
$624.1MNet plan assets, end of year
$392,541Average balance per account
Score breakdown
- Employer generosity47.2 / 5094th percentile for employer $ per participant
- Low cost23.9 / 2596th percentile for low admin cost vs. same-size plans
- Employee saving12.7 / 1585th percentile for employee $ per participant
- Plan features3 / 10Default investment
- Red-flag deductions-3 pts1 issue reported on the filing
Total score84 / 100 · Grade A
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 94th |
| Lower admin cost | 96th |
| Employee saving | 85th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
Corrective distributions: the plan refunded $4,714 in contributions, which usually means it failed annual nondiscrimination testing.
What to do if you're in this plan
- Jenner & Block LLP put in about $12,549 per active participant, more than the typical peer ($3,082). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $12,480,141 |
| Participant (employee) contributions | $13,985,615 |
| Other contributions (incl. rollovers in) | $3,645,609 |
| Administrative expenses paid from the plan | $111,137 |
| Investment advisory & management fees | $54,611 |
| Benefits paid out | $41,903,161 |
| Net assets, start / end of year | $541.0M / $624.1M |
| Active participants, start / end of year | 999 / 990 |
| Participants with account balances | 1,590 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Forvis Mazars, LLP |
Largest service providers (Schedule C)
| Strategic Advisors, Inc. | $54,611 reported compensation |
| Fidelity Investment Inst Ops. | $34,741 reported compensation |
| Forvis Mazars | $12,900 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251014113400NAL0002653601001, received 2025-10-14, EIN 36-2192554, plan #201, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.