Plan Ledger DOL Form 5500 · updated monthly

Landesbank Hessen-Thuringen Girozentrale401(k)

LANDESBANK HESSEN-THURINGEN GIROZENTRALE - NEW YORK BRANCH 401(K) PLAN & TRUST · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

Landesbank Hessen-Thuringen Girozentrale reported $1,253 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $28,285 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.

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 1,003rd-largest of 5,648 plans among New York employers on file, and the 1,242nd of 4,798 in finance & insurance. In 2024, the employer put in $1.72 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$74,815,415
Participants with balances125
Active participants95
Employer contributions$2,687,069
Employee contributions$1,565,127
Employer contribution per active participant$28,285
Average account balance$598,523
Benefits paid to participants$10,282,009
The Landesbank Hessen-Thuringen Girozentrale 401(k) match · 2024
Employer contribution per active participant$28,285
Median for plans this size$3,635

Landesbank Hessen-Thuringen Girozentrale's 2024 employer contribution ran above the $3,635 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

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history1
2024$1,253 · 0.00%
Same employer
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Glencore LTD. NY$75.2M · 0.07%
Wafra Inc. NY$72.6M · 0.21%
New Mountain Capital, LLC NY$72.2M · 0.17%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133051986 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.