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Original filing (PDF)20251013130820NAL0000634915001
REED SMITH LLP
Form 5500
FILING_RECEIVED
REED SMITH LLP FLEXIBLE BENEFITS PLAN
Health & welfare plan
Signals · 4
59% in single holding~2579 bps in Sched C feesNo recordkeeper disclosed6 service providers
Active participants
2,024
Accounts w/ balance
—
Plan assets (EOY)
$6.4M
Net assets (EOY)
-$3.2M
How this plan invests
This plan
1 pooled trust
Schedule D
2 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
84
/ 100
Grade B
Above-average plan
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
75
Total plan cost
65
Vendor stack
80
Participation health
100
Knocking points off
- Top holding "Interest-Bearing Cash * The Bank of New York Mellon BNY Mellon Cash Reserve" is 59% of plan.
- 2579 bps in Schedule C fees — 4860% above peer band of 52 bps.
- No recordkeeper disclosed on Schedule C.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for REED SMITH LLP.
Plan sponsor
Name
REED SMITH LLP
EIN
25-0749630
Address
20 STANWIX STREET · SUITE 1200 · PITTSBURGH, PA · 152224803
Phone
(412) 288-3217
Industry
Law Offices· Professional & Technical Servicessee all
Plan administrator
Name
REED SMITH LLP INSURANCE COMMITTEE
EIN
25-1607357
City
PITTSBURGH, PA
Phone
(412) 288-3217
Plan characteristics
Plan number
502
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-13
Welfare benefit codes
4A · Health (other than dental or vision)
4B · Life Insurance
4D · Dental
4E · Vision
4F · Temporary Disability (accident and sickness)
4H · Long-Term Disability
4L · Death Benefits (other than life insurance)
4Q · Other
Audit & trust (Schedule H)
Auditor
BAKER TILLY US LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
6 rowsOther
6| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| HIGHMARK | 23-1294723 | — | NONE | $1.5M | — |
| HUB INTERNATIONAL | 35-0672425 | — | NONE | $55K | — |
| OASIS SOFTWARE II, LLC | 83-0594813 | — | NONE | $48K | — |
| WEX, INC. | 01-0526993 | — | NONE | $37K | — |
| BAKER TILLY USA | 30-1413443 | — | NONE | $16K | — |
| BANK OF NEW YORK MELLON | 13-5160382 | — | NONE | $6K | — |
Investments
1 direct security · 1 pooled fund· $1.0M(16% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Their holdings are itemized on each fund’s own Form 5500.
Uncategorized
$600K
1 holding
Common Collective Trust
$418K
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Interest-Bearing Cash * The Bank of New York Mellon BNY Mellon Cash Reserve | — | — | $600K | $600K | 9.4% | |
| CHARITABLE TEMPORARY INVESTMENT FND THE BANK OF NEW YORK MELLON · EIN 25-6297127 / PN 000 | Common Collective Trust | — | $418K | $418K | 6.5% |
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