Plan Ledger DOL Form 5500 · updated monthly

Tradeweb Markets LLC401(k)

TRADEWEB MARKETS LLC 401(K) PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Tradeweb Markets LLC reported $69,177 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,957 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 0.03% to 0.02%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other finance & insurance employers. By assets it is the 320th-largest of 5,648 plans among New York employers on file, and the 414th of 4,798 in finance & insurance. In 2024, employees put in $1.98 for every $1.00 the employer contributed; active participation has grown from 798 to 1,016 since 2022.

Plan summary
Net assets, end of year$331,919,077
Participants with balances1,321
Active participants1,016
Employer contributions$8,084,391
Employee contributions$15,971,949
Employer contribution per active participant$7,957
Average account balance$251,263
Benefits paid to participants$9,687,518
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$331.9M · 1,321 accts · $8.1M emplr
2023$268.3M · 1,143 accts · $6.9M emplr
2022$223.6M · 1,106 accts · $6.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,679
Total administrative$69,177
The Tradeweb Markets LLC 401(k) match · 2024
Employer contribution per active participant$7,957
Median for plans this size$4,294
2024$7,957 per active participant
2023$8,311 per active participant
2022$7,720 per active participant

Tradeweb Markets LLC's 2024 employer contribution ran above the $4,294 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
T ROWE PRICE RPS INC · Recordkeeping · Trustee$68,679
CHARLES SCHWAB & CO. INC. · Securities brokerage$1,224

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

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Administrative cost history3
2024$69,177 · 0.02%
2023$66,569 · 0.03%
2022$61,037 · 0.03%
Same employer
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Baron Capital, Inc. NY$353.9M · 0.01%
Warburg Pincus LLC NY$324.9M · 0.01%
Cowen Inc. NY$321.9M · 0.11%
Scor U.S. Corporation NY$314.6M · 0.05%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261429475 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.