KPMG 401(K) CAPITAL ACCUMULATION PLAN · MONTVALE, NJ · plan year 2024
Reported admin expense ratio · 2024
0.02%
Peer grade: A· admin costs + employer contributions vs same-size plans · how grading works
KPMG LLP reported $2,203,202 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $10,795 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 fell from 0.03% to 0.02%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other professional & technical services employers. By assets it is the 9th-largest of 2,419 plans among New Jersey employers on file, and the 11th of 11,654 in professional & technical services. In 2024, employees put in $1.20 for every $1.00 the employer contributed.
Plan summary
Net assets, end of year$10,488,106,032
Participants with balances54,737
Active participants36,163
Employer contributions$390,367,935
Employee contributions$468,299,720
Employer contribution per active participant$10,795
Employer contribution per active participant$10,795
Median for plans this size$5,259
2024$10,795 per active participant
2023$10,234 per active participant
2022$8,960 per active participant
KPMG LLP's 2024 employer contribution ran above the $5,259 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 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 135565207 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.