Plan Ledger DOL Form 5500 · updated monthly

Michael & Susan Dell Foundation401(k)

MICHAEL & SUSAN DELL FOUNDATION 401(K) PLAN · AUSTIN, TX · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Michael & Susan Dell Foundation reported $82,995 in plan administrative expenses for 2024: 0.19% of average plan assets, below the peer median. Employer contributions averaged $19,939 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 1 year on file its reported administrative ratio rose from 0.15% to 0.19%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other other services employers. By assets it is the 1,119th-largest of 5,688 plans among Texas employers on file, and the 455th of 3,341 in other services. In 2024, the employer put in $1.50 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$46,471,089
Participants with balances134
Active participants95
Employer contributions$1,894,200
Employee contributions$1,259,322
Employer contribution per active participant$19,939
Average account balance$346,799
Benefits paid to participants$3,380,477
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$46.5M · 134 accts · $1.9M emplr
2023$40.4M · 133 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$19,483
Investment management$63,512
Total administrative$82,995
The Michael & Susan Dell Foundation 401(k) match · 2024
Employer contribution per active participant$19,939
Median for plans this size$2,416
2024$19,939 per active participant
2023$20,736 per active participant

Michael & Susan Dell Foundation's 2024 employer contribution ran above the $2,416 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 · 20242
CAPFINANCIAL PARTNERS LLC · Investment advisory (plan)$63,512
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$19,483

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

Administrative cost history2
2024$82,995 · 0.19%
2023$54,754 · 0.15%
Similar plansOther Services · Texas
Saber Power Services, LLC TX$49.6M · 0.47%
Texas A&M Foundation TX$46.1M · 0.10%
J&J Maintenance, Inc. TX$44.9M · 0.28%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364336415 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.