Retirement plan

MORGAN STANLEY 401(K) PLAN

MORGAN STANLEY DOMESTIC HOLDINGS, LLCEIN 20-8764829Plan #003PY 2024
750 SEVENTH AVENUE - NEW YORK, NY 10019212-762-2591
Other plans on this EIN
1 filing
Prospect flagsHigh assets / participant

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
MARK BEACHAM
Signed 10/10/2025
(212) 762-2591
Plan administrator signer
JENNIFER CACCIATORE
Signed 10/10/2025
Plan administrator entity
MORGAN STANLEY 401(K) PLAN
EIN 810663617
(212) 762-2792

Summary metrics

Total assets (EOY)
$22180.7M
-12.4% from 2016
Total participants
80,789
-2.0% from 2016
Average account balance
$286,798
-13.1% from 2016
Annual return
16.67%
-16.75 pp from 2016

Benchmarks

Peer group
Industry52 - Finance and Insurance
Plan typeDefined contribution
Participants>=10,000
Cohort92 peers
Snapshot2024
Participant deferral / active EE
$15,411
median $8,429
Employer contribution / active EE
$7,353
median $4,818
Participation rate
93.6%
median 96.2%
Avg account balance
$286,798
median $141,415
Admin fee / account holder
$221
median $59
Annual return
16.67%
median 14.94%
Overall peer rank
62nd percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$22.18B
Average account balance
Total assets / participants with a balance (line 6g)
$287K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
77,339
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
93.6%
Contributions (total)
Employer and participant dollars contributed each year
$1.23B
Contributions per participant
Average employer and participant contribution per enrolled participant
$23K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+16.67%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$221
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 10 of 16 by compensation
ProviderService typeCompensation
Service code 28 · EIN 52-0556948
Investment Management
$3,773,377
Service code 28 · EIN 80-0175963
Investment Management
$1,724,662
Service code 18 · EIN 81-4017137
Investment management fees paid direc...
$1,639,301
Service code 28 · EIN 33-0629048
Investment Management
$1,451,401
Service code 51 · EIN 30-0551775
Investment Mgmt Fees
$1,448,835
Service code 21 · EIN 94-3112180
Bank Trustee
$1,267,210
Service code 27 · EIN 13-3160186
Advisory (Plan)
$1,161,879
Service code 28 · EIN 13-2510833
Investment Management
$1,099,930
Service code 28 · EIN 20-1733361
Investment Management
$913,515
Service code 28 · EIN 54-0854396
Investment Management
$811,667

Plan features & details

Pension benefit codes2E2F2G2J2K2O2T3F3H2A
Plan features
  • 2A
    Age/service weighted or new comparability plan
    Age/service weighted plan where allocations are based on age service or age and service; or new comparability or similar plan where allocations are based on participant classifications consisting entirely or predominantly of highly compensated employees or the plan provides an additional allocation rate on compensation above a specified threshold that exceeds the permitted disparity limits of Code section 401(l).
  • 2E
    Profit-sharing
    Profit-sharing plan.
  • 2F
    ERISA section 404(c) plan
    This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
  • 2G
    Total participant-directed account plan
    Participants 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.
  • 2J
    Code section 401(k) feature
    Cash 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.
  • 2K
    Code section 401(m) arrangement
    Employee 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.
  • 2O
    ESOP other than a leveraged ESOP
    Employee stock ownership plan that is not leveraged.
  • 2T
    Default investment account
    Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
  • 3F
    Leased employees
    Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
  • 3H
    Controlled group member
    Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

1 tripped
  • InformationalHigh assets / participant

    Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II
Admin total
$17.1M
$316 / participant
  • Recordkeeping$81K0.5%
  • Trustee / custodial$111K0.7%
  • Investment mgmt$17M97.8%
  • Other / not subdivided$177K1.0%
% of EOY assets
0.077%
all-in expense ratio
Categories reported
3 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm
DELOITTE & TOUCHE LLP
Auditor EIN
133891517
Audit fees
$115,000
Opinion code
Unqualified