Plan Ledger DOL Form 5500 · updated monthly

Dz Bank AG, New York Branch401(k)

DZ BANK AG, NEW YORK BRANCH 401K SAVINGS AND INVESTMENT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Dz Bank AG, New York Branch reported $90,033 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $9,596 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 rose from 0.10% to 0.13%. 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 1,050th-largest of 5,648 plans among New York employers on file, and the 1,281st of 4,798 in finance & insurance. In 2024, employees put in $2.22 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$71,378,288
Participants with balances135
Active participants69
Employer contributions$662,104
Employee contributions$1,468,324
Employer contribution per active participant$9,596
Average account balance$528,728
Benefits paid to participants$2,384,704
Plan auditUnmodified (clean) audit opinion
AuditorWIPFLI LLP
Plan history3
Yearassets · accounts · employer contribution
2024$71.4M · 135 accts · $662K emplr
2023$62.5M · 135 accts · $625K emplr
2022$62.3M · 140 accts · $599K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$33,625
Investment management$46,828
Trustee / custodial$9,320
Total administrative$90,033
The Dz Bank AG, New York Branch 401(k) match · 2024
Employer contribution per active participant$9,596
Median for plans this size$3,635
2024$9,596 per active participant
2023$8,931 per active participant
2022$9,211 per active participant

Dz Bank AG, New York Branch's 2024 employer contribution ran above the $3,635 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 · 20243
SENTINEL BENEFITS GROUP LLC · Recordkeeping · Legal$33,625
MORGAN STANLEY SMITH BARNEY LLC · Investment advisory (plan)$46,828
CHARLES SCHWAB TRUST BANK · Custodial (securities) · Trustee$9,580

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

Recordkeeper by year2
2024Sentinel Group
2023Sentinel Group

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

Administrative cost history3
2024$90,033 · 0.13%
2023$67,312 · 0.11%
2022$66,244 · 0.10%
Similar plansFinance & Insurance · New York
Wafra Inc. NY$72.6M · 0.21%
New Mountain Capital, LLC NY$72.2M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132847358 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.