Plan Ledger DOL Form 5500 · updated monthly

Finra401(k)

FINRA SAVINGS PLUS PLAN · WASHINGTON, DC · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Finra reported $774,004 in plan administrative expenses for 2024: 0.03% of average plan assets, below the peer median. Employer contributions averaged $16,320 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 0.033%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other other services employers. By assets it is the 4th-largest of 618 plans among District of Columbia employers on file, and the 3rd of 3,341 in other services. In 2024, employees put in $1.07 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,487,396,082
Participants with balances6,191
Active participants4,223
Employer contributions$68,917,575
Employee contributions$73,516,148
Employer contribution per active participant$16,320
Average account balance$401,776
Benefits paid to participants$160,469,779
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.5B · 6,191 accts · $68.9M emplr
2023$2.2B · 6,135 accts · $68.6M emplr
2022$1.8B · 5,993 accts · $59.6M emplr
The Finra 401(k) match · 2024
Employer contribution per active participant$16,320
Median for plans this size$5,259
2024$16,320 per active participant
2023$16,330 per active participant
2022$15,053 per active participant

Finra'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 · 20242
THE VANGUARD GROUP, INC. · Recordkeeping · Trustee (directed)$129,072
VANGUARD ADVISERS INC. · Investment advisory (participants)$659,187

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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

Administrative cost history3
2024$774,004 · 0.03%
2023$675,980 · 0.03%
2022$657,229 · 0.03%
Same employer
Similar plansOther Services · District of Columbia
Cintas Corporation OH$4.4B · 0.09%
Service Corporation Intl TX$1.8B · 0.08%
Aarp DC$998.5M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 530088710 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.