Plan Ledger DOL Form 5500 · updated monthly

Ing Financial Services LLC401(k)

ING FINANCIAL SERVICES LLC 401(K) SAVINGS PLAN · NEW YORK, NY · plan year 2025

Reported admin expense ratio · 2025
0.04%

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

Ing Financial Services LLC reported $199,162 in plan administrative expenses for 2025: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $13,097 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 rose from 0.03% to 0.04%. The plan sits in the $250M–$1B size bracket, benchmarked here against 230 comparable plans and shown alongside other finance & insurance employers. By assets it is the 222nd-largest of 5,648 plans among New York employers on file, and the 304th of 4,798 in finance & insurance. In 2025, employees put in $1.53 for every $1.00 the employer contributed; active participation has grown from 591 to 752 since 2022.

Plan summary
Net assets, end of year$510,317,939
Participants with balances1,246
Active participants752
Employer contributions$9,848,906
Employee contributions$15,054,748
Employer contribution per active participant$13,097
Average account balance$409,565
Benefits paid to participants$43,597,317
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$510.3M · 1,246 accts · $9.8M emplr
2024$454.6M · 1,190 accts · $8.2M emplr
2023$402.6M · 1,099 accts · $7.7M emplr
2022$350.0M · 1,101 accts · $7.1M emplr
Administrative expenses, itemized · 2025
Investment management$40,089
Total administrative$199,162
The Ing Financial Services LLC 401(k) match · 2025
Employer contribution per active participant$13,097
Median for plans this size$4,295
2025$13,097 per active participant
2024$11,523 per active participant
2023$12,114 per active participant
2022$11,997 per active participant

Ing Financial Services LLC's 2025 employer contribution ran above the $4,295 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20253
RWBAIRD · Investment advisory (participants)$200,823
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$40,089
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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

Administrative cost history4
2025$199,162 · 0.04%
2024$106,156 · 0.02%
2023$86,072 · 0.02%
2022$120,305 · 0.03%
Same employer
Similar plansFinance & Insurance · New York
Cooperatieve Rabobank U.A. NY$578.9M · 0.03%
Community Bank System, Inc. NY$509.3M · 0.02%
C.V. Starr & Co., Inc. NY$486.8M · 0.04%
Jennison Associates LLC NY$485.9M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133713590 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.