Plan Ledger DOL Form 5500 · updated monthly

Brandes Investment Partners, L.P.401(k)

BRANDES INVESTMENT PARTNERS, L.P. 401(K) PLAN · LA JOLLA, CA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Brandes Investment Partners, L.P. reported $292,982 in plan administrative expenses for 2024: 0.11% of average plan assets, above the peer median. Employer contributions averaged $33,474 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 0.112%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other finance & insurance employers. By assets it is the 431st-largest of 9,483 plans among California employers on file, and the 464th of 4,798 in finance & insurance. In 2024, the employer put in $2.25 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$278,824,829
Participants with balances279
Active participants143
Employer contributions$4,786,777
Employee contributions$2,125,574
Employer contribution per active participant$33,474
Average account balance$999,372
Benefits paid to participants$8,825,303
Plan auditUnmodified (clean) audit opinion
AuditorLAVINE, LOFGREN, MORRIS & ENGELBERG
Plan history3
Yearassets · accounts · employer contribution
2024$278.8M · 279 accts · $4.8M emplr
2023$245.3M · 284 accts · $4.4M emplr
2022$200.6M · 294 accts · $4.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$140,089
Audit (IQPA)$56,995
Total administrative$292,982
The Brandes Investment Partners, L.P. 401(k) match · 2024
Employer contribution per active participant$33,474
Median for plans this size$4,294
2024$33,474 per active participant
2023$31,200 per active participant
2022$28,531 per active participant

Brandes Investment Partners, L.P.'s 2024 employer contribution ran above the $4,294 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 · 20245
TRI-AD ACTUARIES, INC. · Contract administrator · Recordkeeping$85,041
NORTHERN TRUST CO. · Custodial (securities) · Loan processing$95,898
MATRIX TRUST COMPANY · Trustee$55,048
LAVINE, LOFGREN, MORRIS & ENGELBERG · Accounting / audit$33,035
JAYANT GHEVARIA & CO · Accounting / audit$22,460

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

Recordkeeper by year2
2024TRI-AD ACTUARIES, INC.
2023TRI-AD ACTUARIES, INC.

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Administrative cost history3
2024$292,982 · 0.11%
2023$192,240 · 0.09%
2022$233,247 · 0.11%
Same employer
Similar plansFinance & Insurance · California
B. Riley Financial, Inc. CA$289.7M · 0.02%
Cathay General Bancorp CA$259.6M · 0.14%
Bank of Hope CA$252.5M · 0.09%
Robinhood Markets, Inc. CA$246.2M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330704072 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.