Jennifer Garner & Jessica Biel: Variety's Power of Women Event!

Jennifer Garner is sophisticated while attending the 2012 Variety’s Annual Power Of Women event held at the Beverly Wilshire Four Seasons Hotel on Friday (October 5) in Beverly Hills, Calif.

The 40-year-old Butter actress was joined at the event by her dashing husband Ben Affleck and the always gorgeous Jessica Biel.

PHOTOS: Check out the latest pics of Jennifer Garner

Jennifer honored Jessica at the event with the Tiffany & Co‘s Luminary Award for her work with Charity: Water. “Always the Shirley to my Laverne”, Jen said of Jessica as she walked onto the stage to accept the honor. Jessica‘s fiance Justin Timberlake was spotted giving her a standing ovation.

Ben presented an award to Sue Kroll, President of Worldwide Marketing for Warner Brothers Pictures, for her work with Film Independent.

FYI: Jennifer and Jessica were both actresses in the film Valentine’s Day. Jennifer is wearing a Givenchy dress. Jessica is wearing a Gucci dress, Louis Vuitton shoes, Fendi bag, and Tiffany & Co. jewels.

Also pictured: Jennifer Garner taking her baby boy Samuel and daughter Seraphina to the doctor’s office on Friday (October 5) in Pacific Palisades, Calif.

25+ pictures inside of Jennifer Garner, Ben Affleck, and Jessica Biel at Variety‘s Power of Women event…