Lazard Freres 401(k) match, vesting and fees
What Lazard Freres' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Fidelity Investments Institutional | Schedule C ↗ |
| Independent auditor | Deloitte & Touche LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2025 medians for 214 defined-contribution plans in finance and insurance with 1,000 to 4,999 participants.
| Lazard Freres: employer contribution per participant | $4,546 | |
| Peer median | $3,266 |
| Lazard Freres: average balance | $326,284 | |
| Peer median | $137,177 |
| Lazard Freres: admin expenses ÷ assets | 0.05% | |
| Peer median | 0.08% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $659M at the end of plan year 2021 to $971M at the end of plan year 2025.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2025 | 3,141 | $971M | $13.5M | $4,546 | 0.05% | Not published | Form 5500 ↗ |
| 2024 | 3,047 | $832M | $12.8M | $4,419 | 0.05% | Not published | Form 5500 ↗ |
| 2023 | 3,044 | $724M | $13.7M | $4,729 | 0.05% | Not published | Form 5500 ↗ |
| 2022 | 2,975 | $594M | $12.2M | $4,369 | 0.04% | Not published | Form 5500 ↗ |
| 2021 | 2,539 | $659M | $10.4M | $4,360 | 0.03% | Not published | Form 5500 ↗ |
Other Lazard Freres plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Lazard Freres & Co. LLC Employees' Pension Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Deloitte & Touche LLP (unmodified opinion) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Frozen | Form 5500 ↗ |
Common questions
Does Lazard Freres match 401(k) contributions?
The match terms for the Lazard Freres & Co. LLC Employees' Savings Plan have not been published from its filing yet. The plan year 2025 filing reports $13.5M in employer contributions, about $4,546 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Lazard Freres 401(k) match vested?
The vesting schedule for the Lazard Freres & Co. LLC Employees' Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Lazard Freres 401(k)?
The recordkeeper listed on Schedule C of the plan year 2025 filing is Fidelity Investments Institutional. The plan administrator is Lazard Freres & Co. LLC.
I left Lazard Freres. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Lazard Freres & Co. LLC, (212) 632-6000) or the recordkeeper, Fidelity Investments Institutional. The Lazard Freres old 401(k) page lists the contacts from every plan filing. Find an old Lazard Freres 401(k)
Data from the public Form 5500 annual reports Lazard Freres filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024 and 2025) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Lazard Freres. Not financial advice. Report a correction · Methodology