Plan Ledger DOL Form 5500 · updated monthly

Td Bank US Holding Company401(k)

TD 401(K) RETIREMENT PLAN · FALMOUTH, ME · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Td Bank US Holding Company reported $1,362,089 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,186 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 0.023% to 0.025%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other management of companies employers. By assets it is the 1st-largest of 354 plans among Maine employers on file, and the 13th of 786 in management of companies. In 2024, employees put in $1.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,971,163,889
Participants with balances42,188
Active participants32,012
Employer contributions$198,025,637
Employee contributions$233,461,552
Employer contribution per active participant$6,186
Average account balance$141,537
Benefits paid to participants$438,498,087
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$6.0B · 42,188 accts · $198.0M emplr
2023$4.9B · 40,954 accts · $168.5M emplr
2022$4.1B · 38,752 accts · $149.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,232,452
Investment management$128,737
Total administrative$1,362,089
The Td Bank US Holding Company 401(k) match · 2024
Employer contribution per active participant$6,186
Median for plans this size$5,259
2024$6,186 per active participant
2023$5,319 per active participant
2022$4,966 per active participant

Td Bank US Holding Company's 2024 employer contribution ran above the $5,259 median for plans its size. 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
T ROWE PRICE RPS INC · Recordkeeping · Trustee$1,236,024
MORNINGSTAR · Investment advisory (participants)$128,737

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$1,362,089 · 0.02%
2023$1,187,742 · 0.03%
2022$1,039,806 · 0.02%
Similar plansManagement of Companies · Maine
Warner Media, LLC NY$6.7B · 0.02%
State Street Corporation MA$6.5B · 0.04%
Geico Corporation DC$6.2B · 0.04%
Illinois Tool Works Inc. IL$4.2B · 0.05%
Iqvia Inc. NC$3.6B · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 010437984 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.