Plan Ledger DOL Form 5500 · updated monthly

Capital One Financial Corporation401(k)

CAPITAL ONE FINANCIAL CORPORATION ASSOCIATE SAVINGS PLAN · MCLEAN, VA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Capital One Financial Corporation reported $14,288,715 in plan administrative expenses for 2024: 0.13% of average plan assets, higher than ~90% of peers. Employer contributions averaged $10,312 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.

The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other management of companies employers. By assets it is the 5th-largest of 2,266 plans among Virginia employers on file, and the 4th of 786 in management of companies. In 2024, employees put in $1.20 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,993,429,563
Participants with balances68,883
Active participants45,199
Employer contributions$466,075,524
Employee contributions$559,877,149
Employer contribution per active participant$10,312
Average account balance$174,113
Benefits paid to participants$928,334,388
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$598,408
Investment management$13,567,986
Total administrative$14,288,715
The Capital One Financial Corporation 401(k) match · 2024
Employer contribution per active participant$10,312
Median for plans this size$5,259

Capital One Financial Corporation's 2024 employer contribution ran above the $5,259 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
MERCER INVESTMENTS LLC · Investment management$2,972,635
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$2,771,599
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$609,538
NEWPORT TRUST COMPANY · Investment management$135,000

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

Administrative cost history1
2024$14,288,715 · 0.13%
Same employer
Similar plansManagement of Companies · Virginia
Wells Fargo & Company CA$57.9B · 0.02%
The Allstate Corporation TX$7.6B · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541719854 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.