Plan Ledger DOL Form 5500 · updated monthly

Kbc Bank N.V.401(k)

KBC BANK N.V. SAVINGS AND INVESTMENT PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Kbc Bank N.V. reported $102,960 in plan administrative expenses for 2024: 0.20% of average plan assets, above the peer median. Employer contributions averaged $4,562 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 0.18% to 0.20%. 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 1,298th-largest of 5,648 plans among New York employers on file, and the 1,576th of 4,798 in finance & insurance. In 2024, employees put in $4.56 for every $1.00 the employer contributed; active participation has shrunk from 57 to 48 since 2022.

Plan summary
Net assets, end of year$53,853,694
Participants with balances142
Active participants48
Employer contributions$218,979
Employee contributions$999,175
Employer contribution per active participant$4,562
Average account balance$379,251
Benefits paid to participants$3,936,062
Plan auditUnmodified (clean) audit opinion
AuditorKPMG LLP
Plan history3
Yearassets · accounts · employer contribution
2024$53.9M · 142 accts · $219K emplr
2023$49.8M · 152 accts · $300K emplr
2022$43.1M · 159 accts · $350K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$102,960
Total administrative$102,960
The Kbc Bank N.V. 401(k) match · 2024
Employer contribution per active participant$4,562
Median for plans this size$3,635
2024$4,562 per active participant
2023$5,083 per active participant
2022$6,134 per active participant

Kbc Bank N.V.'s 2024 employer contribution ran above the $3,635 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$102,959
PRICEWATERHOUSECOOPERS LLP · Accounting / auditindirect comp
PENSIONMARK FINANCIAL GROUP, LLC · Investment advisory (plan)indirect comp

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$102,960 · 0.20%
2023$87,455 · 0.19%
2022$87,857 · 0.18%
Similar plansFinance & Insurance · New York
Greenhill & Co., Inc. NY$54.1M · 0.19%
Msd Partners, L.P. NY$52.9M · 0.01%
Alti Global Holdings, LLC NY$52.0M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522100337 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.