401(k) Retirement Plan · Active
AT&T SAVINGS AND SECURITY PLAN
AT&T INC.·EIN 431301883
P.O. BOX 132160 · DALLAS, TX 753132160
Plan year
2024
Plan #
004
Industry
Filing ACK
202510081647…
Prospect flagsNo flags tripped
Summary metrics
Total assets (EOY)
$2265.6M
$199,087 per participant
Active participants
27,558
89.2% participation
Participation rate
89.2%
98th percentile
Annual return
17.37%
83rd percentile
Admin expense
0.10%
% of assets
Flag timeline
Issue history by plan year
Tripped years: 0Watched years: 0
2021
Clean
2022
Clean
2023
Clean
2024
Clean
CleanWatchedTripped (shade = count)
Section 02
How this plan compares
Peer groupIndustry51, Assets>$1B, Participants>=10,000, Snapshot2024
- Participant contribution$2,0477th pctile
- Employer contribution$9142nd pctile
- Participation rate89.2%98th pctile
- Assets per participant$199,08749th pctile
- Expense efficiency$8454th pctile
- Annual return17.37%83rd 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
+$203.17M
Start of year to end of year
Section 04
Asset composition
End-of-year allocation
Cash drag vs peers
Plan cash
0.0%
Peer average
0.4%
In line with peersPeer marker at 0.4%
Section 04
Service providers
Top 10 of 12 by compensation
| Provider | Service type | Compensation |
|---|---|---|
FINANCIAL ENGINES, INC. Service code 27 | Advisory (Plan) | $836,000 |
FIDELITY INVESTMENTS INSTITUTIONAL Service code 27 | Advisory (Plan) | $730,017 |
AT&T INC. Service code 14 | Plan Administrator | $126,000 |
GOLDMAN SACHS ASSET MANAGEMENT Service code 28 | Investment Management | $114,000 |
THE BANK OF NEW YORK MELLON Service code 21 | Bank Trustee | $97,000 |
NEWPORT TRUST COMPANY Service code 28 | Investment Management | $60,000 |
CEM BENCHMARKING Service code 16 | Consulting | $27,000 |
BLACKROCK FINANCIAL MANAGEMENT INC. Service code 21 | Bank Trustee | $22,000 |
PWC US TAX LLP Service code 16 | Consulting | $21,000 |
AT&T SERVICES Service code 14 | Plan Administrator | $13,000 |
Section 05Plan features & details
ShowHide features, contributions, expenses, fidelity bond & compliancePension benefit codes2E2F2G2I2J2K2O2T3F3H
Section 05
Plan features & details
ShowHide features, contributions, expenses, fidelity bond & compliance
Pension benefit codes2E2F2G2I2J2K2O2T3F3H
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.
- 2IStock bonusStock bonus plan.
- 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.
- 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.
- 3FLeased employeesPlan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
- 3HControlled group memberPlan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
Contributions
Employer total$21,801,000
Participant total$48,825,000
Employer / P$914
Participant / P$2,047
Expenses
Admin expenses$2,015,000
Per participant$84.47
% of assets0.09%
Fidelity bond
Coverage amount$1,000,000
% of assets0.04%Below ERISA §412 10% minimum
Section 06
Other plans under this sponsor
Same EIN ·431301883