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Paul Hastings Retirement Plan
This defined contribution retirement plan serves the employees and partners of Paul Hastings LLP, a global law firm founded in 1951 with over 20 offices...
Paul Hastings Retirement Plan
This defined contribution retirement plan serves the employees and partners of Paul Hastings LLP, a global law firm founded in 1951 with over 20 offices worldwide. The plan is administered through OneAmerica and covers approximately 2,697 participants, providing a tax-advantaged vehicle for accumulating retirement assets. Distinct from the firm's defined benefit plan for partners, this structure pools the retirement savings of a broad base of the firm's professional and administrative staff. The plan allocates participant assets across a standard core menu of mutual funds and collective investment trusts, with a notable characteristic being its inclusion of private market strategies. Known manager relationships include an allocation to Blackstone-managed funds, suggesting an institutional posture that goes beyond vanilla public-market exposure for its participants. This provides the plan's base of legal professionals with indirect access to private equity, real estate, and credit strategies typically reserved for much larger institutional pools of capital. While the plan's total assets are not publicly disclosed, the participant count and the nature of the sponsor suggest a total pool below $100 million. The plan is anchored in Los Angeles, where Paul Hastings maintains its largest office concentration. The law firm itself operates as a service provider to the real estate fund industry, holding membership in INREV, the European Association for Investors in Non-Listed Real Estate Vehicles, creating an unusual adjacency between the firm's commercial practice and the plan's investment interests. The plan's structural differentiator lies in its status as a single-employer plan at a partnership-structured professional services firm, where the tension between partner retirement benefits and staff retirement benefits creates a bifurcated retirement architecture. The existence of separate partner defined benefit and staff defined contribution plans reflects the equity-based compensation model inherent to large law firms, making this plan a closer relative to corporate 401(k) plans than to the pooled pension funds of industrial unions or public employees.
General information
Firm type
Pension Fund
Year founded
—
AUM
<$100M (Altss estimate)
Location
Region
North America
Country
United States
City
Los Angeles
Corporate office
Los Angeles, CA, United States
Frequently asked questions
Who oversees investment decisions for the Paul Hastings Retirement Plan?
As a defined contribution plan administered by OneAmerica, investment menu decisions are typically made by a plan committee composed of firm partners and executives. The plan's recordkeeper provides the platform and investment options, while the committee retains fiduciary responsibility for selecting and monitoring the fund lineup. Specific committee members are not publicly identified in plan documents.
What is the relationship between this plan and the separate Paul Hastings partner retirement plan?
Paul Hastings maintains two distinct retirement structures: this defined contribution plan covering all eligible employees and a separate defined benefit plan reserved for partners. The defined benefit plan reflects the equity-ownership model of partnership, while the staff plan operates as a standard participant-directed 401(k) vehicle. They are distinct legal entities with different funding mechanisms, fiduciaries, and investment lineups.
How does the plan access private market investments like those managed by Blackstone?
The plan provides exposure to Blackstone-managed funds, likely through pooled investment vehicles or collective trust structures designed for defined contribution platforms. This gives plan participants indirect access to private equity, real estate, and credit strategies that would otherwise be inaccessible in a typical corporate 401(k) menu. The specific Blackstone vehicles and allocation sizes are not publicly disclosed.
Is the Paul Hastings Retirement Plan a single-family office or other private wealth vehicle?
No. The Paul Hastings Retirement Plan is an employer-sponsored defined contribution retirement plan — a regulated ERISA vehicle fundamentally different from a family office. It pools the retirement savings of the law firm's employees and partners, is subject to Department of Labor oversight, and operates under strict fiduciary standards that govern investment selection, fee disclosure, and participant communications.
What role does OneAmerica play in the plan's operations?
OneAmerica serves as the plan's recordkeeper and platform provider, handling participant account administration, transaction processing, and the delivery of the investment menu. The firm is responsible for custody of plan assets and regulatory compliance reporting. Investment decisions remain with the plan's fiduciary committee, not OneAmerica.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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