KEYCORP 401K SAVINGS PLAN · CLEVELAND, OH · plan year 2024
Reported admin expense ratio · 2024
0.13%
Peer grade: C+· admin costs + employer contributions vs same-size plans · how grading works
Keycorp reported $5,211,613 in plan administrative expenses for 2024: 0.13% of average plan assets, higher than ~90% of peers. Employer contributions averaged $5,822 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 0.12% to 0.13%. 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 16th-largest of 3,295 plans among Ohio employers on file, and the 50th of 4,798 in finance & insurance. In 2024, employees put in $1.45 for every $1.00 the employer contributed.
Plan summary
Net assets, end of year$4,129,131,619
Participants with balances27,787
Active participants17,385
Employer contributions$101,218,868
Employee contributions$146,537,004
Employer contribution per active participant$5,822
Employer contribution per active participant$5,822
Median for plans this size$5,259
2024$5,822 per active participant
2023$5,662 per active participant
2022$4,401 per active participant
Keycorp'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 346542451 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.