Employers › First Trust Portfolios
Recordkeeping fees per participant · First Trust Portfolios L.P. 401(k) Plan · plan year 2024
$17.50
Higher than 15% of the 1,697 plans $250M to 1B that report it.
= $20,894 / 1,194
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251014085842NAL0002452113001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014085842NAL0002452113001, received 2025-10-14
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 2025-10-14.
Administrative expenses excluding investment management, per participant
$52.16
Higher than 33% of the 2,324 plans $250M to 1B that report it.
= $62,277 / 1,194
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014085842NAL0002452113001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014085842NAL0002452113001, received 2025-10-14
Administrative expenses per participant
$52.16
Higher than 22% of the 2,405 plans $250M to 1B that report it.
= $62,277 / 1,194
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014085842NAL0002452113001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014085842NAL0002452113001, received 2025-10-14
Administrative expenses as a share of assets
0.017%
Higher than 10% of the 2,407 plans $250M to 1B that report it.
= $62,277 / $360,302,703
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014085842NAL0002452113001, received 2025-10-14
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014085842NAL0002452113001, received 2025-10-14
Employer contributions per participant
$2,999
Higher than 48% of the 2,457 plans $250M to 1B that report it.
= $3,580,952 / 1,194
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014085842NAL0002452113001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014085842NAL0002452113001, received 2025-10-14
Employer share of total contributions
13.9%
Higher than 6% of the 2,459 plans $250M to 1B that report it.
= $3,580,952 / $25,825,012
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014085842NAL0002452113001, received 2025-10-14
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014085842NAL0002452113001, received 2025-10-14
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 · 2R participant brokerage window · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251014085842NAL0002452113001, received 2025-10-14
| Field | Value | Source |
|---|---|---|
| Plan sponsor | FIRST TRUST PORTFOLIOS L.P. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251014085842NAL0002452113001, received 2025-10-14 |
| Plan name | FIRST TRUST PORTFOLIOS L.P. 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251014085842NAL0002452113001, received 2025-10-14 |
| Sponsor EIN / plan number | 36-3768815 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251014085842NAL0002452113001, received 2025-10-14 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251014085842NAL0002452113001, received 2025-10-14 |
| Sponsor location | WHEATON, IL | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251014085842NAL0002452113001, received 2025-10-14 |
| Industry (business code) | 523900, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251014085842NAL0002452113001, received 2025-10-14 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251014085842NAL0002452113001, received 2025-10-14 |
| Filing received | 2025-10-14 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251014085842NAL0002452113001, received 2025-10-14 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251014085842NAL0002452113001, received 2025-10-14 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251014085842NAL0002452113001, received 2025-10-14 |
| Participants, beginning of year | 1,158 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251014085842NAL0002452113001, received 2025-10-14 |
| Active participants | 1,090 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251014085842NAL0002452113001, received 2025-10-14 |
| Participants, end of year | 1,206 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251014085842NAL0002452113001, received 2025-10-14 |
| Participants with an account balance | 1,194 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014085842NAL0002452113001, received 2025-10-14 |
| Total assets, beginning of year | $295,272,366 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251014085842NAL0002452113001, received 2025-10-14 |
| Total assets, end of year | $360,302,703 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014085842NAL0002452113001, received 2025-10-14 |
| Net assets, end of year | $360,302,703 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251014085842NAL0002452113001, received 2025-10-14 |
| Total income | $74,304,738 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251014085842NAL0002452113001, received 2025-10-14 |
| Net income | $65,030,337 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251014085842NAL0002452113001, received 2025-10-14 |
| Employer contributions | $3,580,952 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014085842NAL0002452113001, received 2025-10-14 |
| Participant contributions | $20,222,049 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251014085842NAL0002452113001, received 2025-10-14 |
| Other contributions (incl. rollovers) | $2,022,011 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251014085842NAL0002452113001, received 2025-10-14 |
| Total contributions | $25,825,012 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014085842NAL0002452113001, received 2025-10-14 |
| Benefit payments | $9,212,124 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251014085842NAL0002452113001, received 2025-10-14 |
| Total expenses (incl. benefit payments) | $9,274,401 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251014085842NAL0002452113001, received 2025-10-14 |
| Total administrative expenses | $62,277 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014085842NAL0002452113001, received 2025-10-14 |
| Recordkeeping fees | $20,894 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251014085842NAL0002452113001, received 2025-10-14 |
| Administrative expenses excluding investment management | $62,277 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014085842NAL0002452113001, received 2025-10-14 |
| Held in mutual funds | $321,456,713 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251014085842NAL0002452113001, received 2025-10-14 |
| Independent auditor | DELOITTE & TOUCHE LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251014085842NAL0002452113001, received 2025-10-14 |
Position = column in the DOL layout for form year 2024. Filing 20251014085842NAL0002452113001, received 2025-10-14.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| ONEAMERICA RETIREMENT SERVICES LLCrecordkeeper | NONE | 15 Recordkeeping and information management; 36 Copying and duplicating; 37 Participant loan processing; 50 Direct payment from the plan; 64 Recordkeeping fees | $40,018 | no |
| TD AMERITRADE | NONE | 28 Investment management; 51 Investment management fees paid directly by plan | $20,894 | no |
| MATRIX TRUST COMPANY | NONE | 19 Custodial (securities); 21 Trustee (bank, trust company or similar); 25 Trustee (directed); 62 Float revenue | $0 | 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 20251014085842NAL0002452113001, received 2025-10-14.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $295,272,366 | $360,302,703 | 22.0% |
| Participants with a balance | 1,125 | 1,194 | 6.1% |
| Administrative expenses | $46,576 | $62,277 | 33.7% |
| Recordkeeping fees per participant | $29.72 | $17.50 | -41.1% |
| Employer contributions | $3,227,063 | $3,580,952 | 11.0% |
Prior filing 20241009093116NAL0018093185001, received 2024-10-09; the plan years are contiguous.
Sponsor name as filed: FIRST TRUST PORTFOLIOS L.P.; SEC registrant: FIRST TRUST PORTFOLIOS L.P. (CIK 875626, matched by EIN).