Plan Ledger DOL Form 5500 · updated monthly

Kyndryl, Inc.401(k)

KYNDRYL 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Kyndryl, Inc. reported $100,822 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,708 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 0.015%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 153rd-largest of 5,648 plans among New York employers on file, and the 234th of 11,654 in professional & technical services. In 2024, employees put in $2.51 for every $1.00 the employer contributed; active participation has shrunk from 7,525 to 5,741 since 2022.

Plan summary
Net assets, end of year$764,440,236
Participants with balances7,513
Active participants5,741
Employer contributions$44,252,346
Employee contributions$110,882,371
Employer contribution per active participant$7,708
Average account balance$101,749
Benefits paid to participants$84,642,772
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$764.4M · 7,513 accts · $44.3M emplr
2023$579.7M · 8,074 accts · $47.0M emplr
2022$358.5M · 8,002 accts · $47.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$100,822
Total administrative$100,822
The Kyndryl, Inc. 401(k) match · 2024
Employer contribution per active participant$7,708
Median for plans this size$4,294
2024$7,708 per active participant
2023$6,858 per active participant
2022$6,243 per active participant

Kyndryl, Inc.'s 2024 employer contribution ran above the $4,294 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.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$100,822

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$100,822 · 0.02%
2023$82,722 · 0.02%
2022$45,925 · 0.02%
Same employer
Similar plansProfessional & Technical Services · New York
White & Case, LLP NY$1.1B · 0.03%
Weil, Gotshal & Manges LLP NY$785.9M · 0.00%
Eisner Advisory Group, LLC NY$699.3M · 0.06%
Havas North America, Inc. NY$670.3M · 0.00%
Ramboll Limited NY$659.1M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 861182761 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.