Employers › Assetmark Financial Holdings
Recordkeeping fees per participant · Assetmark Financial 401(k) Plan · plan year 2024
$224.07
Higher than 96% of the 5,847 plans $50 to 250M that report it.
= $280,086 / 1,250
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250915173110NAL0000814067001, received 2025-09-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250915173110NAL0000814067001, received 2025-09-15
Percentiles compare this plan with the Schedule H plans $50 to 250M 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 2025-09-15.
Administrative expenses excluding investment management, per participant
$224.07
Higher than 88% of the 8,758 plans $50 to 250M that report it.
= $280,086 / 1,250
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250915173110NAL0000814067001, received 2025-09-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250915173110NAL0000814067001, received 2025-09-15
Administrative expenses per participant
$224.07
Higher than 75% of the 9,042 plans $50 to 250M that report it.
= $280,086 / 1,250
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250915173110NAL0000814067001, received 2025-09-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250915173110NAL0000814067001, received 2025-09-15
Administrative expenses as a share of assets
0.160%
Higher than 58% of the 9,049 plans $50 to 250M that report it.
= $280,086 / $175,031,430
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250915173110NAL0000814067001, received 2025-09-15
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250915173110NAL0000814067001, received 2025-09-15
Employer contributions per participant
$6,604
Higher than 85% of the 9,105 plans $50 to 250M that report it.
= $8,254,959 / 1,250
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250915173110NAL0000814067001, received 2025-09-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250915173110NAL0000814067001, received 2025-09-15
Employer share of total contributions
37.8%
Higher than 72% of the 9,112 plans $50 to 250M that report it.
= $8,254,959 / $21,866,757
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250915173110NAL0000814067001, received 2025-09-15
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250915173110NAL0000814067001, received 2025-09-15
Plan terms are described in Assetmark Financial Holdings, Inc.'s SEC filings: Form 10-K filed 2024-03-14. No term could be quoted from them with the required precision.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250915173110NAL0000814067001, received 2025-09-15
| Field | Value | Source |
|---|---|---|
| Plan sponsor | ASSETMARK FINANCIAL HOLDINGS, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250915173110NAL0000814067001, received 2025-09-15 |
| Plan name | ASSETMARK FINANCIAL 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250915173110NAL0000814067001, received 2025-09-15 |
| Sponsor EIN / plan number | 30-0774039 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250915173110NAL0000814067001, received 2025-09-15 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250915173110NAL0000814067001, received 2025-09-15 |
| Sponsor location | CONCORD, CA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250915173110NAL0000814067001, received 2025-09-15 |
| Industry (business code) | 523900, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250915173110NAL0000814067001, received 2025-09-15 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250915173110NAL0000814067001, received 2025-09-15 |
| Filing received | 2025-09-15 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250915173110NAL0000814067001, received 2025-09-15 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250915173110NAL0000814067001, received 2025-09-15 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250915173110NAL0000814067001, received 2025-09-15 |
| Participants, beginning of year | 1,232 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250915173110NAL0000814067001, received 2025-09-15 |
| Active participants | 1,024 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250915173110NAL0000814067001, received 2025-09-15 |
| Participants, end of year | 1,255 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250915173110NAL0000814067001, received 2025-09-15 |
| Participants with an account balance | 1,250 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250915173110NAL0000814067001, received 2025-09-15 |
| Total assets, beginning of year | $141,479,428 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250915173110NAL0000814067001, received 2025-09-15 |
| Total assets, end of year | $175,031,430 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250915173110NAL0000814067001, received 2025-09-15 |
| Net assets, end of year | $175,031,430 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250915173110NAL0000814067001, received 2025-09-15 |
| Total income | $45,292,430 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250915173110NAL0000814067001, received 2025-09-15 |
| Net income | $33,552,002 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250915173110NAL0000814067001, received 2025-09-15 |
| Employer contributions | $8,254,959 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250915173110NAL0000814067001, received 2025-09-15 |
| Participant contributions | $11,779,339 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250915173110NAL0000814067001, received 2025-09-15 |
| Other contributions (incl. rollovers) | $1,832,459 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250915173110NAL0000814067001, received 2025-09-15 |
| Total contributions | $21,866,757 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250915173110NAL0000814067001, received 2025-09-15 |
| Benefit payments | $11,460,342 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250915173110NAL0000814067001, received 2025-09-15 |
| Total expenses (incl. benefit payments) | $11,740,428 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250915173110NAL0000814067001, received 2025-09-15 |
| Total administrative expenses | $280,086 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250915173110NAL0000814067001, received 2025-09-15 |
| Recordkeeping fees | $280,086 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250915173110NAL0000814067001, received 2025-09-15 |
| Administrative expenses excluding investment management | $280,086 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250915173110NAL0000814067001, received 2025-09-15 |
| Held in mutual funds | $165,602,386 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250915173110NAL0000814067001, received 2025-09-15 |
| Independent auditor | BPM LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250915173110NAL0000814067001, received 2025-09-15 |
Position = column in the DOL layout for form year 2024. Filing 20250915173110NAL0000814067001, received 2025-09-15.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| EPIC RETIREMENT PLAN SERVICESrecordkeeper | NONE | 15 Recordkeeping and information management; 37 Participant loan processing; 38 Participant communication | $280,086 | 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 20250915173110NAL0000814067001, received 2025-09-15.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $141,479,428 | $175,031,430 | 23.7% |
| Participants with a balance | 1,228 | 1,250 | 1.8% |
| Administrative expenses | $213,484 | $280,086 | 31.2% |
| Recordkeeping fees per participant | $173.85 | $224.07 | 28.9% |
| Employer contributions | $7,621,618 | $8,254,959 | 8.3% |
Prior filing 20240912172232NAL0005365987001, received 2024-09-12; the plan years are contiguous.
Sponsor name as filed: ASSETMARK FINANCIAL HOLDINGS, INC.; SEC registrant: AssetMark Financial Holdings, Inc. (CIK 1591587, matched by EIN; display name from the Form 10-K cover).