Plan Ledger DOL Form 5500 · updated monthly

Cushman & Wakefield401(k)

CUSHMAN & WAKEFIELD 401(K) PLAN · NEEDHAM, MA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Cushman & Wakefield reported $1,810,704 in plan administrative expenses for 2024: 0.11% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,991 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 0.12% to 0.11%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other administrative & support services employers. By assets it is the 32nd-largest of 2,726 plans among Massachusetts employers on file, and the 11th of 2,534 in administrative & support services. In 2024, employees put in $2.47 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,688,786,800
Participants with balances19,002
Active participants23,448
Employer contributions$46,677,570
Employee contributions$115,245,155
Employer contribution per active participant$1,991
Average account balance$88,874
Benefits paid to participants$204,406,443
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$1.7B · 19,002 accts · $46.7M emplr
2023$1.5B · 18,450 accts · $31.3M emplr
2022$1.2B · 17,309 accts · $28.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$775,738
Investment management$873,766
Audit (IQPA)$67,200
Total administrative$1,810,704
The Cushman & Wakefield 401(k) match · 2024
Employer contribution per active participant$1,991
Median for plans this size$5,259
2024$1,991 per active participant
2023$1,328 per active participant
2022$1,137 per active participant

Cushman & Wakefield's 2024 employer contribution ran below the $5,259 median for plans its size, in the bottom 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$873,766
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$775,738
AON HEWITT INVESTMENT COMSULTANT · Investment advisory (plan)$94,000
CLIFTONLARSONALLEN LLP · Accounting / audit$67,200

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$1,810,704 · 0.11%
2023$1,599,679 · 0.12%
2022$1,628,598 · 0.12%
Same employer
Similar plansAdministrative & Support Services · Massachusetts
Expedia, Inc. WA$2.1B · 0.07%
Plan Professionals, LLC NJ$1.5B · 0.54%

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Source: U.S. Department of Labor, Form 5500 series, EIN 430955234 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.