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Recordkeeping fees per participant · Bloomberg L.P. 401(k) Plan · plan year 2024
$12.86
Higher than 16% of the 790 plans over $1B that report it.
= $247,054 / 19,208
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250922085310NAL0005394992001, received 2025-09-22
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250922085310NAL0005394992001, received 2025-09-22
Percentiles compare this plan with the Schedule H plans over $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 2025-09-22.
Administrative expenses excluding investment management, per participant
$12.86
Higher than 12% of the 1,045 plans over $1B that report it.
= $247,054 / 19,208
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250922085310NAL0005394992001, received 2025-09-22
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250922085310NAL0005394992001, received 2025-09-22
Administrative expenses per participant
$12.86
Higher than 5% of the 1,076 plans over $1B that report it.
= $247,054 / 19,208
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250922085310NAL0005394992001, received 2025-09-22
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250922085310NAL0005394992001, received 2025-09-22
Administrative expenses as a share of assets
0.004%
Higher than 3% of the 1,076 plans over $1B that report it.
= $247,054 / $5,733,238,778
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250922085310NAL0005394992001, received 2025-09-22
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250922085310NAL0005394992001, received 2025-09-22
Employer contributions per participant
$4,795
Higher than 65% of the 1,135 plans over $1B that report it.
= $92,107,768 / 19,208
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250922085310NAL0005394992001, received 2025-09-22
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250922085310NAL0005394992001, received 2025-09-22
Employer share of total contributions
23.4%
Higher than 18% of the 1,135 plans over $1B that report it.
= $92,107,768 / $393,283,743
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250922085310NAL0005394992001, received 2025-09-22
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250922085310NAL0005394992001, received 2025-09-22
Plan terms are not published in public filings.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250922085310NAL0005394992001, received 2025-09-22
| Field | Value | Source |
|---|---|---|
| Plan sponsor | BLOOMBERG L.P. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250922085310NAL0005394992001, received 2025-09-22 |
| Plan name | BLOOMBERG L.P. 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250922085310NAL0005394992001, received 2025-09-22 |
| Sponsor EIN / plan number | 13-3417984 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250922085310NAL0005394992001, received 2025-09-22 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250922085310NAL0005394992001, received 2025-09-22 |
| Sponsor location | NEW YORK, NY | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250922085310NAL0005394992001, received 2025-09-22 |
| Industry (business code) | 541990, Professional, scientific, and technical services | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250922085310NAL0005394992001, received 2025-09-22 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250922085310NAL0005394992001, received 2025-09-22 |
| Filing received | 2025-09-22 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250922085310NAL0005394992001, received 2025-09-22 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250922085310NAL0005394992001, received 2025-09-22 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250922085310NAL0005394992001, received 2025-09-22 |
| Participants, beginning of year | 20,114 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250922085310NAL0005394992001, received 2025-09-22 |
| Active participants | 14,853 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250922085310NAL0005394992001, received 2025-09-22 |
| Participants, end of year | 20,110 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250922085310NAL0005394992001, received 2025-09-22 |
| Participants with an account balance | 19,208 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250922085310NAL0005394992001, received 2025-09-22 |
| Total assets, beginning of year | $4,771,762,507 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250922085310NAL0005394992001, received 2025-09-22 |
| Total assets, end of year | $5,733,238,778 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250922085310NAL0005394992001, received 2025-09-22 |
| Net assets, end of year | $5,733,238,778 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250922085310NAL0005394992001, received 2025-09-22 |
| Total income | $1,202,826,248 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250922085310NAL0005394992001, received 2025-09-22 |
| Net income | $961,476,271 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250922085310NAL0005394992001, received 2025-09-22 |
| Employer contributions | $92,107,768 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250922085310NAL0005394992001, received 2025-09-22 |
| Participant contributions | $266,352,730 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250922085310NAL0005394992001, received 2025-09-22 |
| Other contributions (incl. rollovers) | $34,823,245 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250922085310NAL0005394992001, received 2025-09-22 |
| Total contributions | $393,283,743 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250922085310NAL0005394992001, received 2025-09-22 |
| Benefit payments | $240,804,993 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250922085310NAL0005394992001, received 2025-09-22 |
| Total expenses (incl. benefit payments) | $241,349,977 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250922085310NAL0005394992001, received 2025-09-22 |
| Total administrative expenses | $247,054 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250922085310NAL0005394992001, received 2025-09-22 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250922085310NAL0005394992001, received 2025-09-22 |
| Recordkeeping fees | $247,054 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250922085310NAL0005394992001, received 2025-09-22 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250922085310NAL0005394992001, received 2025-09-22 |
| Investment advisory and management fees | $0 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250922085310NAL0005394992001, received 2025-09-22 |
| Administrative expenses excluding investment management | $247,054 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250922085310NAL0005394992001, received 2025-09-22 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250922085310NAL0005394992001, received 2025-09-22 |
| Held in common/collective trusts | $5,283,132,336 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250922085310NAL0005394992001, received 2025-09-22 |
| Held in mutual funds | $399,059,078 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250922085310NAL0005394992001, received 2025-09-22 |
| Independent auditor | EISNER AMPER LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250922085310NAL0005394992001, received 2025-09-22 |
Position = column in the DOL layout for form year 2024. Filing 20250922085310NAL0005394992001, received 2025-09-22.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANYrecordkeeper | NONE | 15 Recordkeeping and information management; 16 Consulting (general); 50 Direct payment from the plan; 64 Recordkeeping fees | $240,704 | yes |
| EMPOWER FINANCIAL SERVICES INC | NONE | 33 Securities brokerage; 59 Shareholder servicing fees; 63 Distribution (12b-1) fees; 72 Other investment fees and expenses | $5,500 | 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 20250922085310NAL0005394992001, received 2025-09-22.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $4,771,762,507 | $5,733,238,778 | 20.1% |
| Participants with a balance | 18,998 | 19,208 | 1.1% |
| Administrative expenses | $241,829 | $247,054 | 2.2% |
| Recordkeeping fees per participant | $12.50 | $12.86 | 2.9% |
| Employer contributions | $87,385,211 | $92,107,768 | 5.4% |
Prior filing 20240923101750NAL0011312817001, received 2024-09-23; the plan years are contiguous.
Sponsor name as filed: BLOOMBERG L.P.; SEC registrant: Bloomberg SEF LLC (CIK 2030356, matched by EIN).