New York › Professional, scientific and technical services › 100 to 249 participants
Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024
Weil, Gotshal & Manges Partners' Variable Annuity Plan
Sponsored by Weil, Gotshal & Manges LLP, New York, NY
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.
In the plan year ending 31 Dec 2024, Weil, Gotshal & Manges Partners' Variable Annuity Plan covered 222 participants and held $128M in net assets. The plan is a defined benefit pension plan sponsored by Weil, Gotshal & Manges LLP of New York, New York.
Net assets came to $578,351 per participant, well above the $80,635 median for defined benefit plans with 100 to 249 participants and well above the $176,808 median for defined benefit plans in professional, scientific and technical services. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.
Schedule C lists 1 service provider organisation paid $5,000 or more, with reported compensation of $34K: $154 per participant, well below the same-size median of $451. Administrative expenses charged to the plan were $58K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.
Across the filings on record, net assets went from $14.5M in 2017 to $128M in 2024 (up 788%), and participants from 187 to 222 (up 19%).
The independent accountant's opinion on the financial statements was unmodified (unqualified).
Compared with similar plans
| Measure | This plan | Same size | Same industry | All US DB plans |
|---|---|---|---|---|
| Net assets per participant | $578,351 | $80,635 | $176,808 | $86,221 |
| Employer contributions per active participant | — | $9,975 | $35,855 | $10,244 |
| Schedule C compensation per participant | $154 | $451 | $450 | $344 |
| Schedule C compensation, share of net assets | 0.03% | 0.52% | 0.30% | 0.42% |
| Administrative expenses per participant | $260 | $582 | $596 | $527 |
Peer columns are medians for plan year 2024 across defined benefit plans with 100 or more participants: 100 to 249 participants (1,156 plans), professional, scientific and technical services (277) and all US plans (5,308). Fee medians cover plans that report an amount.
Trend by plan year
| Plan year | Participants | Net assets | Per participant | Employer contributions | Participant contributions | Schedule C compensation |
|---|---|---|---|---|---|---|
| 2024 | 222 | $128M | $578,351 | — | — | $34K |
| 2023 | 234 | $127M | $541,192 | $21.4M | — | $48K |
| 2022 | 227 | $96.3M | $424,181 | $20.6M | — | $36K |
| 2021 | 211 | $90.0M | $426,692 | $15.8M | — | $11K |
| 2020 | 213 | $68.9M | $323,610 | $16.9M | — | $9,000 |
| 2019 | 200 | $48.0M | $239,875 | $15.9M | — | $8,000 |
| 2018 | 187 | $28.2M | $150,652 | $14.5M | — | $16K |
| 2017 | 187 | $14.5M | $77,342 | $14.5M | — | $0 |
Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.
Statement for the year
- Net assets, beginning of year$126,638,983
- Employer contributions—
- Participant contributions—
- Rollovers and other contributions—
- Total contributions$0
- Total income, including investment results$11,094,019
- Benefits paid$9,281,323
- Administrative expenses$57,812
- Total expenses$9,339,135
- Net income$1,754,884
- Net transfers$0
- Net assets, end of year$128,393,867
Participants
- Active participants148
- Retired or separated, receiving benefits0
- Retired or separated, entitled to future benefits74
- Total participants, end of year222
Fees and service providers
| Organisation | Services reported | Direct | Indirect |
|---|---|---|---|
| The Northern Trust Company | Custodial (other than securities); Custodial (securities) | $34,178 | $0 |
Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.
Administrative expenses on Schedule H
- Trustee and custodial fees$34,178
- Other administrative expenses$23,634
- Total administrative expenses$57,812
Investment structure
Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.
- Master trust investment accounts$122M · 94.7%
- Common/collective trusts$6.8M · 5.3%
Audit and compliance answers, as filed
- Accountant's opinionUnmodified (unqualified)
- Audit scope limited under ERISA section 103(a)(3)(C)No
- Accounting firmEisnerAmper LLP
- Participant contributions reported as transmitted lateNo
- Covered by a fidelity bondYes, $15,000,000
- Blackout period during the year—
These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.
Plan characteristics
1BBenefits are primarily flat dollar (includes dollars per year of service)3BPlan covering self-employed individuals3FPlan sponsor(s) received services of leased employees
Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 541110: Offices of Lawyers.
Other plans of Weil, Gotshal & Manges LLP
Similar plans in New York
| Plan | Sponsor | Participants | Net assets | Per participant |
|---|---|---|---|---|
| D.F. King & Co., Inc. Pension Plan | D.F. King & Co., Inc. | 231 | $14.2M | $61,543 |
| Weil, Gotshal & Manges Partners' Variable Defined Benefit Plan | Weil, Gotshal & Manges LLP | 205 | $27.4M | $133,899 |
| Shearman & Sterling LLP Cash Balance Pension Plan | Allen Overy Shearman Sterling US LLP | 235 | $69.5M | $295,570 |
| Davis Polk Partner Defined Benefit Pension Plan | Davis Polk & Wardwell LLP | 195 | $176M | $902,889 |
| Cleary Gottlieb Steen & Hamilton LLP 2013 Cash Balance Plan | Cleary Gottlieb Steen & Hamilton LLP | 257 | $60.7M | $236,196 |
| Epstein Becker & Green, P.C. Market Based Cash Balance Pension Plan | Epstein Becker & Green, P.C. | 190 | $9.7M | $50,993 |
Defined benefit plans in professional, scientific and technical services closest in size.
Questions and answers
How big is Weil, Gotshal & Manges Partners' Variable Annuity Plan?
222 participants at the end of the plan year ending 31 Dec 2024, of whom 148 were active employees, with net assets of $128,393,867. Among defined benefit plans that places it in the 100 to 249 participants band, which held 1,156 plans in plan year 2024.
What does Weil, Gotshal & Manges LLP contribute per participant?
This filing has no Schedule H financial statement, so employer contributions are not reported here.
What fees does the plan pay and how do they compare?
Schedule C reports $34,178 in compensation to service provider organisations, $154 per participant or 0.03% of net assets. The same-size median among plans reporting any Schedule C compensation was $451 per participant. Administrative expenses on Schedule H were $57,812. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.
Who runs the plan?
The sponsor is Weil, Gotshal & Manges LLP. Trustee or custodian: The Northern Trust Company. The financial statements were audited by EisnerAmper LLP. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.
Was the audit opinion unqualified?
The filing reports an unmodified (unqualified) opinion. Unmodified (formerly "unqualified") is the standard clean opinion.
How current is this, and does it show my balance?
This is the Form 5500 for the plan year 1 Jan 2024 to 31 Dec 2024, received by the Department of Labor on 9 Oct 2025. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 13-1456110, plan 013, received 9 Oct 2025; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.