Plan Ledger DOL Form 5500 · updated monthly

United Services Automobile Association401(k)

USAA RETIREMENT SAVINGS PLAN · SAN ANTONIO, TX · plan year 2024

Reported admin expense ratio · 2024
0.00%

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

United Services Automobile Association reported $501,455 in plan administrative expenses for 2024: 0.00% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,493 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 0.01% to 0.00%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other finance & insurance employers. By assets it is the 11th-largest of 5,688 plans among Texas employers on file, and the 14th of 4,798 in finance & insurance. In 2024, employees put in $1.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,906,214,049
Participants with balances53,289
Active participants37,957
Employer contributions$322,383,982
Employee contributions$353,464,230
Employer contribution per active participant$8,493
Average account balance$204,662
Benefits paid to participants$1,093,363,997
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.9B · 53,289 accts · $322.4M emplr
2023$9.8B · 52,645 accts · $314.2M emplr
2022$8.7B · 51,056 accts · $312.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$501,455
Total administrative$501,455
The United Services Automobile Association 401(k) match · 2024
Employer contribution per active participant$8,493
Median for plans this size$5,259
2024$8,493 per active participant
2023$8,431 per active participant
2022$8,493 per active participant

United Services Automobile Association'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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$629,877

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$501,455 · 0.00%
2023$437,293 · 0.00%
2022$1,208,137 · 0.01%
Same employer
Similar plansFinance & Insurance · Texas
Edward D. Jones & Co., L.P. MO$12.4B · 0.01%
Ath Holding Company, LLC IN$12.1B · 0.05%
Liberty Mutual Group Inc. MA$10.8B · 0.12%
Travelers Companies, Inc. MN$10.4B · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 740959140 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.