Plan Ledger DOL Form 5500 · updated monthly

Virtu Financial Operating LLC401(k)

VIRTU FINANCIAL LLC 401K PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Virtu Financial Operating LLC reported $192,267 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 0.05% to 0.03%. 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 176th-largest of 5,648 plans among New York employers on file, and the 252nd of 4,798 in finance & insurance.

Plan summary
Net assets, end of year$659,639,259
Participants with balances1,786
Active participants630
Employer contributions$0
Employee contributions$16,162,681
Employer contribution per active participant$0
Average account balance$369,339
Benefits paid to participants$38,566,513
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$659.6M · 1,786 accts
2023$578.7M · 1,875 accts
2022$486.1M · 1,935 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$127,415
Investment management$27,412
Audit (IQPA)$37,440
Total administrative$192,267
The Virtu Financial Operating LLC 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$4,294

Virtu Financial Operating LLC's 2024 employer contribution ran below the $4,294 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$96,024
EISNERAMPER LLP · Accounting / audit$37,440
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$27,412

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$192,267 · 0.03%
2023$278,774 · 0.05%
2022$264,526 · 0.05%
Same employer
Similar plansFinance & Insurance · New York
Two Sigma Investments, LP NY$698.4M · 0.00%
Jane Street Group, LLC NY$686.9M · 0.01%
Hf Management Services, LLC NY$678.5M · 0.12%
Cooperatieve Rabobank U.A. NY$578.9M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262211621 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.