Plan Ledger DOL Form 5500 · updated monthly

Strategic Value Partners, LLC401(k)

STRATEGIC VALUE PARTNERS 401(K) PROFIT SHARING PLAN · GREENWICH, CT · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Strategic Value Partners, LLC reported $44,878 in plan administrative expenses for 2024: 0.15% of average plan assets, below the peer median. Employer contributions averaged $8,899 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 0.18% to 0.15%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 385th-largest of 1,106 plans among Connecticut employers on file, and the 2,203rd of 4,798 in finance & insurance. In 2024, employees put in $1.86 for every $1.00 the employer contributed; active participation has grown from 135 to 161 since 2022.

Plan summary
Net assets, end of year$34,474,029
Participants with balances224
Active participants161
Employer contributions$1,432,671
Employee contributions$2,659,434
Employer contribution per active participant$8,899
Average account balance$153,902
Benefits paid to participants$1,516,263
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$34.5M · 224 accts · $1.4M emplr
2023$27.4M · 189 accts · $1.4M emplr
2022$21.0M · 166 accts · $2.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,701
Investment management$20,000
Audit (IQPA)$2,130
Trustee / custodial$9,047
Total administrative$44,878
The Strategic Value Partners, LLC 401(k) match · 2024
Employer contribution per active participant$8,899
Median for plans this size$2,416
2024$8,899 per active participant
2023$9,450 per active participant
2022$18,530 per active participant

Strategic Value Partners, LLC'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 · 20243
NEWPORT GROUP, INC. · Recordkeeping$15,832
UBS · Investment advisory (participants) · Investment advisory (plan)$20,000
NEWPORT TRUST COMPANY · Trustee$9,047

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$44,878 · 0.15%
2023$42,185 · 0.17%
2022$38,755 · 0.18%
Same employer
Similar plansFinance & Insurance · Connecticut
Newtown Savings Bank CT$37.5M · 0.29%
Suffolk Continuation, Inc. CT$37.5M · 0.37%
Verition Group LLC CT$33.4M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 030455248 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.