Plan Ledger DOL Form 5500 · updated monthly

Credit Suisse Securities USA LLC401(k)

EMPLOYEES SAVINGS AND RETIREMENT PLAN OF CREDIT SUISSE · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Credit Suisse Securities USA LLC reported $332,346 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,680,289 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 0.02% to 0.01%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other finance & insurance employers. By assets it is the 28th-largest of 5,648 plans among New York employers on file, and the 34th of 4,798 in finance & insurance. In 2024, employees put in $2.44 for every $1.00 the employer contributed; active participation has shrunk from 6,563 to 9 since 2022.

Plan summary
Net assets, end of year$5,434,520,271
Participants with balances10,945
Active participants9
Employer contributions$24,122,601
Employee contributions$58,803,823
Employer contribution per active participant$2,680,289
Average account balance$496,530
Benefits paid to participants$732,021,215
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$5.4B · 10,945 accts · $24.1M emplr
2023$5.2B · 15,791 accts · $44.5M emplr
2022$4.9B · 17,358 accts · $53.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$164,690
Audit (IQPA)$68,744
Total administrative$332,346
The Credit Suisse Securities USA LLC 401(k) match · 2024
Employer contribution per active participant$2,680,289
Median for plans this size$5,259
2024$2,680,289 per active participant
2023$10,492 per active participant
2022$8,161 per active participant

Credit Suisse Securities USA LLC'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 · 20247
ALIGHT SOLUTIONS · Recordkeeping · Other services$181,692
FIDELITY INVESTMENTS · Recordkeepingindirect comp
JOE HUBER · Consulting$100,055
THOMPSON HINE · Legal$71,513
PRICEWATERHOUSECOOPERS LLP · Accounting / audit$68,744
BUCK CONSULTANTS · Consulting$15,825
MCLAGAN PARTNERS, INC. · Consulting$5,000

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

Recordkeeper by year2
2024Alight, Fidelity
2023Alight, BUCK CONSULTANTS, Fidelity, THOMPSON HINE

This plan has changed recordkeepers within these filings. If you left Credit Suisse Securities USA LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$332,346 · 0.01%
2023$488,977 · 0.01%
2022$1,161,547 · 0.02%
Same employer
Similar plansFinance & Insurance · New York
Blackrock, Inc. NY$4.8B · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 050546650 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.