Womble Bond Dickinson (US), LLP 401(k) Review & Grade
Womble Bond Dickinson (US) LLP Savings and Self Employed Retirement Plan a
Winston-Salem, NCProfessional, Scientific & Technical Services706 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$11,403Employer $ per active participant
$14,053Employee $ saved per active participant
0.06%Direct admin cost, % of plan assets
$400.7MNet plan assets, end of year
$391,357Average balance per account
Score breakdown
- Employer generosity46.6 / 5093th percentile for employer $ per participant
- Low cost20.8 / 2583th percentile for low admin cost vs. same-size plans
- Employee saving12.7 / 1585th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score83 / 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 | 83th |
| Employee saving | 85th |
| 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
- Womble Bond Dickinson (US), LLP put in about $11,403 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 | $8,044,494 |
| Participant (employee) contributions | $9,914,093 |
| Other contributions (incl. rollovers in) | $19,716,758 |
| Administrative expenses paid from the plan | $247,543 |
| Other admin expenses | $247,543 |
| Benefits paid out | $42,561,177 |
| Net assets, start / end of year | $371.2M / $400.7M |
| Active participants, start / end of year | 678 / 733 |
| Participants with account balances | 1,024 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Forvis Mazars, LLP |
Largest service providers (Schedule C)
| The Vanguard Group Inc | $77,427 reported compensation |
| Vanguard Advisers Inc. | $68,673 reported compensation |
| Capfinancial Partners LLC | $50,304 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251118094941NAL0001433347001, received 2025-11-18, EIN 56-0308470, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.