401(k) Retirement Plan · Active
JPMORGAN CHASE 401(K) SAVINGS PLAN
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION·EIN 134994650
545 WASHINGTON BLVD · JERSEY CITY, NJ 07310
Plan year
2024
Plan #
002
Industry
Filing ACK
202508211524…
Prospect flagsFailed to transmit contributionsCorrective distributions
Summary metrics
Total assets (EOY)
$52913.5M
$177,945 per participant
Active participants
300,272
64.7% participation
Participation rate
64.7%
26th percentile
Annual return
20.12%
93rd percentile
Admin expense
0.07%
% of assets
Flag timeline
Issue history by plan year
Tripped years: 4Watched years: 0
2021
1 tripped
2022
1 tripped
2023
2 tripped
2024
2 tripped
CleanWatchedTripped (shade = count)
Section 02
How this plan compares
Peer groupIndustry52, Assets>$1B, Participants>=10,000, Snapshot2024
- Participant contribution$9,22640th pctile
- Employer contribution$6,81056th pctile
- Participation rate64.7%26th pctile
- Assets per participant$177,94548th pctile
- Expense efficiency$11841st pctile
- Annual return20.12%93rd pctile
Overall peer rank
- Bottom quartile
- Mid
- Top quartile
Averaged across 6 normalized metrics within the selected peer group.
Fee trend
Return trend
Section 03
10-year trajectory2021 - 2024
How plan year 2024 played out
Asset flow
+$8.36B
Start of year to end of year
Section 04
Asset composition
End-of-year allocation
Cash drag vs peers
Plan cash
0.7%
Peer average
0.9%
In line with peersPeer marker at 0.9%
Section 04
Service providers
Top 10 of 13 by compensation
| Provider | Service type | Compensation |
|---|---|---|
WELLINGTON MANAGEMENT COMPANY, LLP Service code 28 | Investment Management | $6,340,829 |
BLACKROCK INST TRUST CO., N.A. Service code 21 | Bank Trustee | $3,458,216 |
COLUMBIA MNGMNT INV ADVISERS, LLC Service code 28 | Investment Management | $2,735,065 |
JENNISON ASSOCIATES, LLC Service code 28 | Investment Management | $2,481,651 |
T. ROWE PRICE ASSOCIATES, INC. Service code 28 | Investment Management | $2,193,265 |
CAUSEWAY CAPITAL MGMT Service code 28 | Investment Management | $1,479,676 |
PIMCO Service code 28 | Investment Management | $1,372,564 |
JPMORGAN CHASE BANK, N.A. Service code 14 | Plan Administrator | $1,292,297 |
MERCER Service code 16 | Consulting | $236,436 |
FIDUCIARY COUNSELORS INC. Service code 16 | Consulting | $125,000 |
Section 05Plan features & details
ShowHide features, contributions, expenses, fidelity bond & compliancePension benefit codes2E2F2G2J2K2O2S2T
Section 05
Plan features & details
ShowHide features, contributions, expenses, fidelity bond & compliance
Pension benefit codes2E2F2G2J2K2O2S2T
Plan features
- 2EProfit-sharingProfit-sharing plan.
- 2FERISA section 404(c) planThis plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
- 2GTotal participant-directed account planParticipants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
- 2JCode section 401(k) featureCash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
- 2KCode section 401(m) arrangementEmployee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
- 2OESOP other than a leveraged ESOPEmployee stock ownership plan that is not leveraged.
- 2SAutomatic enrollmentPlan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
- 2TDefault investment accountTotal or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
Contributions
Employer total$1,261,974,961
Participant total$1,709,701,770
Employer / P$6,810
Participant / P$9,226
Expenses
Admin expenses$21,837,335
Per participant$117.84
% of assets0.04%
Fidelity bond
Coverage amount$500,000,000
% of assets0.94%Below ERISA §412 10% minimum
Section 06
Other plans under this sponsor
Same EIN ·134994650