Home

Law Firm Tops List of Best 401(k) Plans
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

BrightScope has compiled a list of the best companies to work for when it comes to 401(k) benefits, according to Benefits Pro. They compiled a list of 30 companies. At the top of the list is the law firm of Sullivan & Cromwell, which is headquartered in New York.

BrightScope named this company as the number one company on the list because of what the plan offers employees. The plan has low fees, high participation, the financial generosity of the company, and the size of the accounts of the participants. Another well-known company, UPS, made the list.

  
What
Where


The remainder of the top five on the list from BrightScope are North American Partners in Anesthesia of Melville, N.Y.; Oregon Anesthesiology Group of Portland; Frontier Refining & Marketing Inc. of Denver; and O’Melveny & Myers. O’Melveny & Myers is a law firm that operates offices in 16 countries.

“Generosity is an important means for companies to recruit and retain top employees,” said Brooks Herman, head of Data & Research at BrightScope. “Its importance is exemplified by the fact that half of the companies on this list have been on one or more other BrightScope rankings this year, and several more have been featured in years past.”

There are four main reasons why the companies made this list. They are generosity, vesting, participation and contributions.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




Six of the companies offer plans that vest completed on the day that the employee starts work.

When it comes to generosity, the average account balance for plans on the list comes in at $470,014.



For plans on the BrightScope list, the average rate of participation comes in at 96.5 percent.

The average financial contribution made by companies on the list comes in at $31,181.



 

Interesting Legal Sites You May Like


BCG FEATURED JOB

Locations:

Keyword:



Search Now

Mid-Level Commercial Business Litigator

USA-CA-Los Angeles

Los Angeles office is seeking a commercial business litigation attorney with 2-5 years of experience...

Apply Now

Senior Level Litigator

USA-CA-Woodland Hills

Woodland Hills office is seeking a litigation attorney with 5-7 years of experience and a background...

Apply Now

Litigation Associate Attorney

USA-CT-Stamford

Stamford office of our client seeks litigation associate attorney with 3+ years of experience. The c...

Apply Now

Experienced Estate Planning Attorney

USA-CA-Torrance

Torrance office is seeking an estate planning attorney with 7-10 years of experience.

Apply Now

RELEVANT JOBS

Patent / IP Paralegal

USA-WA-Seattle

Patent / IP Paralegal This is an exciting opportunity to work for one of the top law firms in the...

Apply now

Associate Attorney

USA-TX-Sugar Land

Insurance Defense firm seeks an Associate Attorney with a MINIMUM of 3-5 years\' experience in litig...

Apply now

Litigation Associate Attorney

USA-CA-Los Angeles

Statewide, growing, litigation law firm, named one of the Top Boutique Law Firms in California by th...

Apply now

Associate Attorney - Insurance Defense Litigation

USA-NY-Huntington

Growing Long Island insurance defense firm seeking 1 to 5 year associate attorney for their Hun...

Apply now

SEARCH IN ARCHIVE

To Top