Plan Ledger DOL Form 5500 · updated monthly

T-Mobile USA, Inc.401(k)

T-MOBILE USA, INC. 401(K) RETIREMENT SAVINGS PLAN & TRUST · BELLEVUE, WA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

T-Mobile USA, Inc. reported $2,175,543 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,425 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 0.04% to 0.03%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other information & media employers. By assets it is the 7th-largest of 1,714 plans among Washington employers on file, and the 10th of 2,199 in information & media. In 2024, employees put in $2.27 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,051,782,189
Participants with balances78,399
Active participants69,015
Employer contributions$167,364,416
Employee contributions$379,921,899
Employer contribution per active participant$2,425
Average account balance$115,458
Benefits paid to participants$1,039,084,700
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$9.1B · 78,399 accts · $167.4M emplr
2023$8.3B · 80,596 accts · $181.0M emplr
2022$7.3B · 84,980 accts · $190.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,826,502
Investment management$1,829
Audit (IQPA)$60,500
Total administrative$2,175,543
The T-Mobile USA, Inc. 401(k) match · 2024
Employer contribution per active participant$2,425
Median for plans this size$5,259
2024$2,425 per active participant
2023$2,717 per active participant
2022$2,669 per active participant

T-Mobile USA, Inc.'s 2024 employer contribution ran below the $5,259 median for plans its size, in the bottom 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$1,831,894
MERCER INVESTMENTS LLC · Consulting · Investment advisory (plan)$217,212
CLARK NUBER · Accounting / audit$123,000

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$2,175,543 · 0.03%
2023$2,324,248 · 0.03%
2022$3,319,603 · 0.04%
Same employer
Similar plansInformation & Media · Washington
Microsoft Corporation WA$77.8B · 0.06%
Comcast Corporation PA$19.7B · 0.04%
Twdc Enterprises 18 Corp. CA$12.7B · 0.01%
Qualcomm Incorporated CA$9.7B · 0.00%
Salesforce, Inc. CA$9.1B · 0.02%
Cox Enterprises, Inc. GA$8.1B · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 911983600 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.