Securities Industry and Financial Markets Association401(k)

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

Securities Industry and Financial Markets Association reported $203,008 in plan administrative expenses for 2024: 0.21% of average plan assets, above the peer median. Employer contributions averaged $19,662 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 rose from 0.08% to 0.21%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 774th-largest of 5,648 plans among New York employers on file, and the 193rd of 3,341 in other services. In 2024, the employer put in $1.29 for every $1.00 employees contributed themselves; active participation has grown from 128 to 147 since 2022.