Retirement plan

FINRA EMPLOYEES RETIREMENT PLAN

FINRAEIN 53-0088710Plan #001PY 2024
1700 K STREET, NW - WASHINGTON, DC 20006301-590-6500finra.orgLinkedIn1001-5000 employeesfinancial services
Other plans on this EIN
1 filing
Prospect flagsNo flags tripped

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(301) 590-6500
Plan administrator signer
JENNIFER KEATING
Signed 10/03/2025
Plan administrator entity
FINRA PENSION/401(K) PLAN COMMITTEE
EIN 521087606

Summary metrics

Total assets (EOY)
$535M
-11.8% from 2016
Total participants
2,254
+2.3% from 2016
Average account balance
$0
No prior year
Annual return
3.83%
-7.74 pp from 2016

Benchmarks

Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants1,000-4,999
Cohort782 peers
Snapshot2024
Participant deferral / active EE
$0
median $197
Employer contribution / active EE
$18,779
median $9,844
Participation rate
0.0%
median 0.0%
Avg account balance
$0
Admin fee / account holder
$0
Annual return
3.83%
median 7.40%
Overall peer rank
45th percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$534.96M
Average account balance
Total assets / participants with a balance (line 6g)
$237K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
1,189
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
0.0%
Contributions (total)
Employer and participant dollars contributed each year
$20.00M
Contributions per participant
Average employer and participant contribution per enrolled participant
$19K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+3.83%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$0
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 7 by compensation
ProviderService typeCompensation
Service code 11 · EIN 22-2232264
Actuarial
$438,671
Service code 28 · EIN 33-0629048
Investment Management
$286,350
Service code 28 · EIN 04-2755549
Investment Management
$221,665
Service code 27 · EIN 36-3109431
Advisory (Plan)
$189,835
Service code 28 · EIN 04-3304963
Investment Management
$115,865
Service code 21 · EIN 94-3112180
Bank Trustee
$100,473
Service code 19 · EIN 13-5160382
Securities Custodian
$100,130

Enrolled actuary

1 attachment
SB

RACHEL A. PANOS

AON CONSULTING, INC.
Enrollment #2307687
MSC # 17850
PO BOX 7505
FORT WASHINGTON, PA 19034
(847) 442-2627
Signed 2025-09-15

Top hat statement on fileNQDC

Filed August 6, 2024 (most recent of 5 filings on file)

Plans declared (2)

  • FINRA 457(b) DEFERRED COMPENSATION PLAN163 emp
  • FINRA SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN2 emp

Total covered: 165 employees

Plan features & details

Pension benefit codes1A
Plan features
  • 1A
    Benefits are primarily pay related
    Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).

Opportunity flags

0 tripped
No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II
Admin total
$1.7M
$1587 / participant
  • Trustee / custodial$100K5.9%
  • Investment mgmt$914K54.1%
  • Actuarial$439K26.0%
  • Other / not subdivided$237K14.0%
% of EOY assets
0.316%
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
ERNST & YOUNG LLP
Auditor EIN
346565596
Audit fees
(not subdivided)
Opinion code
Unqualified