Plan Ledger DOL Form 5500 · updated monthly

Lloyds Bank Corporate Markets PLC401(k)

LLOYDS BANK CORPORATE MARKETS PLC 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Lloyds Bank Corporate Markets PLC reported $7,124 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $18,689 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 0.02% to 0.01%. 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 647th-largest of 5,648 plans among New York employers on file, and the 809th of 4,798 in finance & insurance. In 2024, the employer put in $1.17 for every $1.00 employees contributed themselves; active participation has shrunk from 279 to 210 since 2022.

Plan summary
Net assets, end of year$130,157,729
Participants with balances459
Active participants210
Employer contributions$3,924,623
Employee contributions$3,350,896
Employer contribution per active participant$18,689
Average account balance$283,568
Benefits paid to participants$21,362,351
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$130.2M · 459 accts · $3.9M emplr
2023$127.1M · 510 accts · $3.8M emplr
2022$111.0M · 510 accts · $3.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$232
Total administrative$7,124
The Lloyds Bank Corporate Markets PLC 401(k) match · 2024
Employer contribution per active participant$18,689
Median for plans this size$3,635
2024$18,689 per active participant
2023$13,714 per active participant
2022$13,492 per active participant

Lloyds Bank Corporate Markets PLC'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 history3
2024$7,124 · 0.01%
2023$2,243 · 0.00%
2022$26,530 · 0.02%
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Source: U.S. Department of Labor, Form 5500 series, EIN 981390502 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.