Plan Ledger DOL Form 5500 · updated monthly

Bakkt, LLC401(k)

BAKKT 401(K) PLAN · ALPHARETTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Bakkt, LLC reported $78,648 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $4,047 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 3 years on file its reported administrative ratio has held roughly steady near 0.208%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other information & media employers. By assets it is the 549th-largest of 2,160 plans among Georgia employers on file, and the 624th of 2,199 in information & media. In 2024, employees put in $1.31 for every $1.00 the employer contributed; active participation has shrunk from 1,088 to 634 since 2022.

Plan summary
Net assets, end of year$40,391,498
Participants with balances955
Active participants634
Employer contributions$2,565,880
Employee contributions$3,365,022
Employer contribution per active participant$4,047
Average account balance$42,295
Benefits paid to participants$6,601,795
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$40.4M · 955 accts · $2.6M emplr
2023$35.3M · 1,026 accts · $3.3M emplr
2022$27.2M · 1,024 accts · $3.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$69,879
Investment management$8,769
Total administrative$78,648
The Bakkt, LLC 401(k) match · 2024
Employer contribution per active participant$4,047
Median for plans this size$2,416
2024$4,047 per active participant
2023$4,209 per active participant
2022$2,865 per active participant

Bakkt, LLC's 2024 employer contribution ran above the $2,416 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$69,879
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$8,769

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$78,648 · 0.21%
2023$77,738 · 0.25%
2022$55,920 · 0.21%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 371906173 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.