Plan Ledger DOL Form 5500 · updated monthly

Balyasny Asset Management, L.P.401(k)

BALYASNY ASSET MANAGEMENT 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Balyasny Asset Management, L.P. reported $83,689 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,417 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 0.06% to 0.04%. 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 263rd-largest of 3,702 plans among Illinois employers on file, and the 485th of 4,798 in finance & insurance. In 2024, employees put in $6.22 for every $1.00 the employer contributed; active participation has grown from 1,083 to 1,393 since 2022.

Plan summary
Net assets, end of year$262,953,598
Participants with balances1,695
Active participants1,393
Employer contributions$4,759,878
Employee contributions$29,597,923
Employer contribution per active participant$3,417
Average account balance$155,135
Benefits paid to participants$25,892,571
Plan auditUnmodified (clean) audit opinion
AuditorMILLER COOPER & COMPANY, LTD.
Plan history3
Yearassets · accounts · employer contribution
2024$263.0M · 1,695 accts · $4.8M emplr
2023$206.2M · 1,552 accts · $5.1M emplr
2022$141.0M · 1,307 accts · $3.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,660
Investment management$19,029
Total administrative$83,689
The Balyasny Asset Management, L.P. 401(k) match · 2024
Employer contribution per active participant$3,417
Median for plans this size$3,635
2024$3,417 per active participant
2023$3,806 per active participant
2022$2,969 per active participant

Balyasny Asset Management, L.P.'s 2024 employer contribution ran below the $3,635 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 · 20244
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping · Investment advisory (participants)$68,615
MORNINGSTAR INC · Investment management$6,742
CREATIVE PLANNING HOLDCO LLC · Investment management$5,045
CHARLES SCHWAB & CO., INC. · Securities brokerage$4,359

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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

Administrative cost history3
2024$83,689 · 0.04%
2023$65,644 · 0.04%
2022$76,332 · 0.06%
Same employer
Similar plansFinance & Insurance · Illinois
Drw Holdings, LLC IL$309.8M · 0.02%
Trustmark Services Company IL$307.3M · 0.09%
First Busey Corporation IL$268.2M · 0.15%
Modern Woodmen of America IL$250.5M · 0.01%
Calamos Investments LLC IL$232.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364486492 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.