Plan Ledger DOL Form 5500 · updated monthly

AT&T Inc.401(k) + ESOP (KSOP)

AT&T RETIREMENT SAVINGS PLAN · DALLAS, TX · plan year 2024

Reported admin expense ratio · 2024
0.04%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

AT&T Inc. reported $16,900,000 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $5,106 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.044% to 0.041%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other information & media employers. By assets it is the 1st-largest of 5,688 plans among Texas employers on file, and the 3rd of 2,199 in information & media. In 2024, employees put in $2.02 for every $1.00 the employer contributed; active participation has shrunk from 119,938 to 102,760 since 2022.

Plan summary
Net assets, end of year$43,115,926,000
Participants with balances188,628
Active participants102,760
Employer contributions$524,705,000
Employee contributions$1,057,854,000
Employer contribution per active participant$5,106
Average account balance$228,576
Benefits paid to participants$4,958,923,000
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$43.1B · 188,628 accts · $524.7M emplr
2023$40.0B · 198,498 accts · $531.3M emplr
2022$37.6B · 213,195 accts · $642.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,995,000
Investment management$14,905,000
Total administrative$16,900,000
The AT&T Inc. 401(k) match · 2024
Employer contribution per active participant$5,106
Median for plans this size$5,259
2024$5,106 per active participant
2023$4,835 per active participant
2022$5,359 per active participant

AT&T Inc.'s 2024 employer contribution ran below the $5,259 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FINANCIAL ENGINES, INC. · Investment advisory (plan)$10,373,000
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$6,527,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$16,900,000 · 0.04%
2023$17,399,000 · 0.04%
2022$19,960,000 · 0.04%
All plans at this employer3
AT&T SAVINGS AND SECURITY PLAN401(k) + ESOP (KSOP)
AT&T RETIREMENT SAVINGS PLAN401(k) + ESOP (KSOP)
AT&T PUERTO RICO RETIREMENT SAVINGS PLANStock bonus plan
Same employer
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Microsoft Corporation WA$77.8B · 0.06%
Google LLC CA$48.7B · 0.01%
Verizon Communications Inc. NJ$31.3B · 0.16%
Meta Platforms, Inc. CA$22.4B · 0.00%
Comcast Corporation PA$19.7B · 0.04%
Twdc Enterprises 18 Corp. CA$12.7B · 0.01%
Ericsson Inc. TX$3.8B · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431301883 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.