Plan Ledger DOL Form 5500 · updated monthly

Australia & New Zealand Banking Group Limited (Anz)401(k)

AUSTRALIA AND NEW ZEALAND BANKING GROUP LTD. RETIREMENT SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Australia & New Zealand Banking Group Limited (Anz) reported $163,554 in plan administrative expenses for 2024: 0.24% of average plan assets, higher than ~75% of peers. Employer contributions averaged $10,683 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 rose from 0.11% to 0.24%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 1,055th-largest of 5,648 plans among New York employers on file, and the 1,289th of 4,798 in finance & insurance. In 2024, employees put in $1.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$70,997,869
Participants with balances228
Active participants150
Employer contributions$1,602,454
Employee contributions$2,511,716
Employer contribution per active participant$10,683
Average account balance$311,394
Benefits paid to participants$9,780,384
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$71.0M · 228 accts · $1.6M emplr
2023$66.4M · 233 accts · $1.6M emplr
2022$53.0M · 215 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,194
Investment management$50,000
Audit (IQPA)$13,513
Total administrative$163,554
The Australia & New Zealand Banking Group Limited (Anz) 401(k) match · 2024
Employer contribution per active participant$10,683
Median for plans this size$3,635
2024$10,683 per active participant
2023$10,192 per active participant
2022$10,738 per active participant

Australia & New Zealand Banking Group Limited (Anz)'s 2024 employer contribution ran above the $3,635 median for plans its size, placing it in the top quarter of its peers. 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 · 20244
T ROWE PRICE RPS INC · Recordkeeping · Trustee$18,230
GROOM LAW GROUP, CHARTERED · Legal$81,847
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$50,000
CARON & BLETZER PLLC · Accounting / audit$12,200

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$163,554 · 0.24%
2023$57,864 · 0.10%
2022$65,377 · 0.11%
Same employer
Similar plansFinance & Insurance · New York
Wafra Inc. NY$72.6M · 0.21%
New Mountain Capital, LLC NY$72.2M · 0.17%
Dz Bank AG, New York Branch NY$71.4M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132623463 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.