Law Practice Management
Law Firms Snag Top Five Spots on DC List of Best-Quality 401(k) Plans
Posted Apr 9, 2012 9:49 AM CDT
By Debra Cassens Weiss
Working for a law firm can be lucrative even in retirement, according to a new list of top-quality 401(k) plans offered by Washington, D.C., businesses.
Law firms earned the top five spots on the list by financial information company BrightScope, the Washington Post reports. The company gives numerical ratings to 401(k) plans that have more than $100 million in assets. A rating higher than 80 indicates a “top of the line” retirement plan that often includes employer contributions, a variety of investment options and low fees, the Post says.
The top five firms on the D.C. list (PDF) were:
1) WilmerHale (86.97).
2) Arnold & Porter (86.68).
3) Finnegan, Henderson, Farabow, Garrett & Dunner (86.63)
4) Venable (85.81)
5) Covington & Burling (85.75)
Two law firms—Allen Matkins and Irell & Manella—made the top five on the Los Angeles list. None made the top five on the Chicago list, and none made the top five or even the top 25 on the New York list.