Wachtell, Lipton, Rosen & Katz 401(k) Review & Grade
Wachtell, Lipton, Rosen & Katz Savings Plan
New York, NYProfessional, Scientific & Technical Services653 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$11,155Employer $ per active participant
$20,103Employee $ saved per active participant
0.01%Direct admin cost, % of plan assets
$638.7MNet plan assets, end of year
$629,901Average balance per account
Score breakdown
- Employer generosity46.4 / 5093th percentile for employer $ per participant
- Low cost24.3 / 2597th percentile for low admin cost vs. same-size plans
- Employee saving14.8 / 1599th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score96 / 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 | 93th |
| Lower admin cost | 97th |
| Employee saving | 99th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Wachtell, Lipton, Rosen & Katz put in about $11,155 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.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- 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 | $7,284,113 |
| Participant (employee) contributions | $13,127,325 |
| Other contributions (incl. rollovers in) | $909,510 |
| Administrative expenses paid from the plan | $81,648 |
| Investment advisory & management fees | $52,703 |
| Benefits paid out | $56,307,498 |
| Net assets, start / end of year | $632.5M / $638.7M |
| Active participants, start / end of year | 646 / 660 |
| Participants with account balances | 1,014 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Ernst & Young LLP |
Largest service providers (Schedule C)
| Strategic Advisors, Inc. | $52,703 reported compensation |
| Fidelity Investments Institutional | $24,195 reported compensation |
| Martin Fleisher | $4,750 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251118152155NAL0002694801001, received 2025-11-18, EIN 13-1935773, plan #003, plan year 2024-04-01 to 2025-03-31. Verify at efast.dol.gov.