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Richards, Layton & Finger P.A. Retirement & Savings Plan
The Richards, Layton & Finger P.A. Retirement & Savings Plan is a defined contribution plan provided by the law firm Richards, Layton & Finger, a...
Richards, Layton & Finger P.A. Retirement & Savings Plan
The Richards, Layton & Finger P.A. Retirement & Savings Plan is a defined contribution plan provided by the law firm Richards, Layton & Finger, a cornerstone of Delaware corporate law since 1899. The firm, based in Wilmington, is known for advising on the nation's largest bankruptcy matters and M&A deals, as well as drafting core business statutes like the Delaware General Corporation Law. The retirement plan is part of the firm's employee benefits structure, not a standalone investment entity. The plan reported assets of roughly $182 million in 2018, with Prudential Retirement serving as recordkeeper. The investment menu is built around mutual funds and common/collective trusts, reflecting standard defined contribution architecture. While the specific fund lineup and asset allocation are not publicly disclosed, the plan's size is consistent with a mid-sized professional services firm managing participant-directed accounts. The geographic focus of the underlying holdings is global, channeled through publicly available pooled vehicles. The plan is sponsored solely by its namesake law firm, which employs over 70 Best Lawyers-recognized attorneys and operates from a single office in downtown Wilmington. There are no secondary offices or publicly disclosed advisory boards for the plan. In 2025–2026, the firm maintained its position as Delaware counsel on more M&A deals over $100 million than any other firm for a 32nd consecutive year, and 32 of its attorneys were named in Super Lawyers in May 2026. The retirement plan itself has seen no structural changes publicly announced in the period. What distinguishes this plan is its sponsor: unlike pooled multi-employer plans or those of publicly traded corporations, this retirement vehicle sits inside a partnership whose partners have historically served as governor, chief justice of the Delaware Supreme Court, and primary drafters of the state's alternative entity and corporate statutes. The plan's governance is therefore tied to a firm where key business legal architecture is authored, creating a unique alignment between the fiduciary environment and the professional responsibilities of its sponsor.
General information
Firm type
Pension Fund
Year founded
—
AUM
$182M (Altss estimate)
Location
Region
North America
Country
United States
City
Wilmington
Corporate office
One Rodney Square, 920 North King Street, Wilmington, DE 19801, United States
Principals
Richards, Layton & Finger, P.A.
Plan Sponsor and Administrator
Altss tracks 1 additional named team member for this firm — including direct investment leads, IR, and operating principals not listed on the public website.
Book a demoFrequently asked questions
Who is the plan sponsor and what is their relationship to the administrator?
The plan is sponsored by the Delaware law firm Richards, Layton & Finger, P.A. for its employees. Prudential Retirement serves as the third-party recordkeeper and administrator, handling the plan's operational and investment recordkeeping functions. The firm itself does not directly manage the plan's assets, which are invested through Prudential's platform.
What is the investment structure of the retirement plan?
The plan is a participant-directed defined contribution plan, with assets held in mutual funds and common/collective trusts. As of 2018, plan assets totaled approximately $182 million (Altss estimate). The specific fund menu is not publicly listed, but the structure is standard for a professional services firm of this size, providing a range of investment options to employees.
Is this a multi-employer plan or a single-employer plan?
It is a single-employer defined contribution plan, sponsored exclusively by Richards, Layton & Finger, P.A. for the benefit of its employees and partners. There are no participating non-affiliated employers.
Does the firm's litigation or corporate practice influence how the plan is governed?
The plan is governed by standard ERISA fiduciary rules, administered independently by Prudential. However, the law firm's partners include authors of Delaware corporate law treatises and drafters of the state's business statutes, creating an environment where fiduciary governance and legal architecture are deeply intertwined — though this does not alter the plan's regulatory status.
How can an allocator or GP engage with the plan regarding investment options?
The plan does not publicly solicit or review external investment proposals, as its investment menu is managed through Prudential Retirement's platform. Any engagement would need to go through Prudential's institutional channels. There is no dedicated investment staff or CIO publicly named for the plan itself.
What is the plan's philanthropic or community context?
While the retirement plan has no direct philanthropic mandate, its sponsor, Richards, Layton & Finger, is deeply involved in Delaware community organizations. Firm directors serve on boards of the University of Delaware's Delaware First campaign, the Ministry of Caring Inc, the Music School of Delaware, OperaDelaware, and Padua Academy, among others.
Is the firm planning to convert the plan to a pooled employer plan or make structural changes?
No public announcements have indicated a conversion to a pooled employer plan or other structural changes. The plan continues to operate as a single-employer defined contribution plan with Prudential as its recordkeeper, with the latest public updates focusing on the law firm's professional accolades, not retirement plan restructuring.
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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