Plan Ledger DOL Form 5500 · updated monthly

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
Average account balance$176,092
Benefits paid to participants$3,576,566,499
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$52.4B · 297,359 accts · $1.3B emplr
2023$44.0B · 295,407 accts · $1.1B emplr
2022$36.4B · 287,908 accts · $973.9M emplr
Administrative expenses, itemized · 2024
Investment management$20,061,266
Total administrative$21,837,335
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.

Service providers · 202412
WELLINGTON MANAGEMENT COMPANY, LLP · Investment management$6,340,829
BLACKROCK INST TRUST CO., N.A. · Trustee · Trustee (discretionary)$3,458,216
COLUMBIA MNGMNT INV ADVISERS, LLC · Investment management$2,735,065
JENNISON ASSOCIATES, LLC · Investment management$2,481,651
T. ROWE PRICE ASSOCIATES, INC. · Investment management$2,193,265
CAUSEWAY CAPITAL MGMT · Investment management$1,479,676
PIMCO · Investment management$1,372,564
JPMORGAN CHASE BANK, N.A. · Plan administrator$1,292,297
MERCER · Consulting$236,436
FIDUCIARY COUNSELORS INC. · Consulting$125,000
QDRO CONSULTANTS CO, LLC · Consulting$69,950
ALTERITY GROUP LLC · Consulting$35,000

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$21,837,335 · 0.05%
2023$18,677,845 · 0.05%
2022$18,307,067 · 0.05%
Same employer
Similar plansFinance & Insurance · New Jersey
Citigroup Inc. CT$23.2B · 0.09%
Ubs AG NJ$10.2B · 0.14%
Metlife Group, Inc. NJ$8.3B · 0.13%

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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.