Employers › American Tower
Recordkeeping fees per participant · American Tower Retirement Savings Plan · plan year 2024
$50.99
Higher than 51% of the 1,697 plans $250M to 1B that report it.
= $170,460 / 3,343
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250916142350NAL0002060129001, received 2025-09-16
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250916142350NAL0002060129001, received 2025-09-16
Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-09-16.
Administrative expenses excluding investment management, per participant
$51.71
Higher than 33% of the 2,324 plans $250M to 1B that report it.
= $172,860 / 3,343
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250916142350NAL0002060129001, received 2025-09-16
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250916142350NAL0002060129001, received 2025-09-16
Administrative expenses per participant
$51.71
Higher than 21% of the 2,405 plans $250M to 1B that report it.
= $172,860 / 3,343
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250916142350NAL0002060129001, received 2025-09-16
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250916142350NAL0002060129001, received 2025-09-16
Administrative expenses as a share of assets
0.033%
Higher than 20% of the 2,407 plans $250M to 1B that report it.
= $172,860 / $522,798,765
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250916142350NAL0002060129001, received 2025-09-16
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250916142350NAL0002060129001, received 2025-09-16
Employer contributions per participant
$3,474
Higher than 56% of the 2,457 plans $250M to 1B that report it.
= $11,613,008 / 3,343
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250916142350NAL0002060129001, received 2025-09-16
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250916142350NAL0002060129001, received 2025-09-16
Employer share of total contributions
30.9%
Higher than 49% of the 2,459 plans $250M to 1B that report it.
= $11,613,008 / $37,615,314
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250916142350NAL0002060129001, received 2025-09-16
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250916142350NAL0002060129001, received 2025-09-16
Employer match
“For the years ended December 31, 2025, 2024 and 2023, the Company matched 100% of the first 5% of a participant's contributions.”
Form 10-K filed 2026-02-24, for the year ended 2025-12-31 · benefits note, 10-K benefits note · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3H controlled-group sponsor · 2E profit-sharing · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250916142350NAL0002060129001, received 2025-09-16
| Field | Value | Source |
|---|---|---|
| Plan sponsor | AMERICAN TOWER CORPORATION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250916142350NAL0002060129001, received 2025-09-16 |
| Plan name | AMERICAN TOWER RETIREMENT SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250916142350NAL0002060129001, received 2025-09-16 |
| Sponsor EIN / plan number | 65-0723837 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250916142350NAL0002060129001, received 2025-09-16 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250916142350NAL0002060129001, received 2025-09-16 |
| Sponsor location | BOSTON, MA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250916142350NAL0002060129001, received 2025-09-16 |
| Industry (business code) | 531190, Real estate and rental and leasing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250916142350NAL0002060129001, received 2025-09-16 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250916142350NAL0002060129001, received 2025-09-16 |
| Filing received | 2025-09-16 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250916142350NAL0002060129001, received 2025-09-16 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250916142350NAL0002060129001, received 2025-09-16 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250916142350NAL0002060129001, received 2025-09-16 |
| Participants, beginning of year | 2,746 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250916142350NAL0002060129001, received 2025-09-16 |
| Active participants | 2,436 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250916142350NAL0002060129001, received 2025-09-16 |
| Participants, end of year | 3,510 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250916142350NAL0002060129001, received 2025-09-16 |
| Participants with an account balance | 3,343 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250916142350NAL0002060129001, received 2025-09-16 |
| Total assets, beginning of year | $375,952,394 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250916142350NAL0002060129001, received 2025-09-16 |
| Total assets, end of year | $522,798,765 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250916142350NAL0002060129001, received 2025-09-16 |
| Net assets, end of year | $522,798,765 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250916142350NAL0002060129001, received 2025-09-16 |
| Total income | $114,338,974 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250916142350NAL0002060129001, received 2025-09-16 |
| Net income | $85,010,236 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250916142350NAL0002060129001, received 2025-09-16 |
| Employer contributions | $11,613,008 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250916142350NAL0002060129001, received 2025-09-16 |
| Participant contributions | $23,172,821 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250916142350NAL0002060129001, received 2025-09-16 |
| Other contributions (incl. rollovers) | $2,829,485 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250916142350NAL0002060129001, received 2025-09-16 |
| Total contributions | $37,615,314 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250916142350NAL0002060129001, received 2025-09-16 |
| Benefit payments | $29,146,594 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250916142350NAL0002060129001, received 2025-09-16 |
| Total expenses (incl. benefit payments) | $29,328,738 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250916142350NAL0002060129001, received 2025-09-16 |
| Total administrative expenses | $172,860 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250916142350NAL0002060129001, received 2025-09-16 |
| Contract administrator fees | $2,400 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250916142350NAL0002060129001, received 2025-09-16 |
| Recordkeeping fees | $170,460 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250916142350NAL0002060129001, received 2025-09-16 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250916142350NAL0002060129001, received 2025-09-16 |
| Investment advisory and management fees | $0 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250916142350NAL0002060129001, received 2025-09-16 |
| Administrative expenses excluding investment management | $172,860 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250916142350NAL0002060129001, received 2025-09-16 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250916142350NAL0002060129001, received 2025-09-16 |
| Held in common/collective trusts | $328,235,018 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250916142350NAL0002060129001, received 2025-09-16 |
| Held in mutual funds | $174,316,530 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250916142350NAL0002060129001, received 2025-09-16 |
| Independent auditor | GRAY, GRAY & GRAY LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250916142350NAL0002060129001, received 2025-09-16 |
Position = column in the DOL layout for form year 2024. Filing 20250916142350NAL0002060129001, received 2025-09-16.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees | $172,860 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250916142350NAL0002060129001, received 2025-09-16.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $375,952,394 | $522,798,765 | 39.1% |
| Participants with a balance | 2,681 | 3,343 | 24.7% |
| Administrative expenses | $121,618 | $172,860 | 42.1% |
| Recordkeeping fees per participant | $44.92 | $50.99 | 13.5% |
| Employer contributions | $9,113,004 | $11,613,008 | 27.4% |
Prior filing 20240924142318NAL0012878017001, received 2024-09-24; the plan years are contiguous.
Sponsor name as filed: AMERICAN TOWER CORPORATION; SEC registrant: AMERICAN TOWER CORP /MA/ (CIK 1053507, matched by EIN; display name from the Form 10-K cover).