JPMorgan Chase Bank, National Association401(k) + ESOP (KSOP)
JPMORGAN CHASE 401(K) SAVINGS PLAN · JERSEY CITY, NJ · plan year 2024
Reported admin expense ratio · 2024
0.05%
Peer grade: B+· admin costs + employer contributions vs same-size plans · how grading works
JPMorgan Chase Bank, National Association reported $21,837,335 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $6,810 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 0.045%. 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 1st-largest of 2,419 plans among New Jersey employers on file, and the 1st of 4,798 in finance & insurance. In 2024, employees put in $1.35 for every $1.00 the employer contributed.
Plan summary
Net assets, end of year$52,362,525,216
Participants with balances297,359
Active participants185,310
Employer contributions$1,261,974,961
Employee contributions$1,709,701,770
Employer contribution per active participant$6,810
The JPMorgan Chase Bank, National Association 401(k) match · 2024
Employer contribution per active participant$6,810
Median for plans this size$5,259
2024$6,810 per active participant
2023$6,039 per active participant
2022$5,528 per active participant
JPMorgan Chase Bank, National Association's 2024 employer contribution ran above the $5,259 median for plans its size. 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.
Source: U.S. Department of Labor, Form 5500 series, EIN 134994650 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.