Employers › KeyCorp
Recordkeeping fees per participant · Keycorp 401(k) Savings Plan · plan year 2024
$22.60
Higher than 29% of the 790 plans over $1B that report it.
= $627,851 / 27,787
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250812170605NAL0018664450001, received 2025-08-12
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250812170605NAL0018664450001, received 2025-08-12
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 2025-08-12.
Administrative expenses excluding investment management, per participant
$25.41
Higher than 22% of the 1,045 plans over $1B that report it.
= $705,949 / 27,787
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250812170605NAL0018664450001, received 2025-08-12
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250812170605NAL0018664450001, received 2025-08-12
Administrative expenses per participant
$187.56
Higher than 91% of the 1,076 plans over $1B that report it.
= $5,211,613 / 27,787
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250812170605NAL0018664450001, received 2025-08-12
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250812170605NAL0018664450001, received 2025-08-12
Administrative expenses as a share of assets
0.126%
Higher than 93% of the 1,076 plans over $1B that report it.
= $5,211,613 / $4,130,143,138
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250812170605NAL0018664450001, received 2025-08-12
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250812170605NAL0018664450001, received 2025-08-12
Employer contributions per participant
$3,643
Higher than 48% of the 1,135 plans over $1B that report it.
= $101,218,868 / 27,787
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250812170605NAL0018664450001, received 2025-08-12
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250812170605NAL0018664450001, received 2025-08-12
Employer share of total contributions
37.3%
Higher than 66% of the 1,135 plans over $1B that report it.
= $101,218,868 / $271,241,389
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250812170605NAL0018664450001, received 2025-08-12
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250812170605NAL0018664450001, received 2025-08-12
Employer match
“The plan permits employees to contribute from 1% to 100% of eligible compensation, with up to 7% being eligible for matching contributions in 2024 and 2025.”
Form 10-K filed 2026-02-23, 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.
2E profit-sharing · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2O ESOP-related feature · 2S pre-approved plan document · 2T default investment (QDIA) · 3H controlled-group sponsor · 3I · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250812170605NAL0018664450001, received 2025-08-12
| Field | Value | Source |
|---|---|---|
| Plan sponsor | KEYCORP | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250812170605NAL0018664450001, received 2025-08-12 |
| Plan name | KEYCORP 401K SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250812170605NAL0018664450001, received 2025-08-12 |
| Sponsor EIN / plan number | 34-6542451 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250812170605NAL0018664450001, received 2025-08-12 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250812170605NAL0018664450001, received 2025-08-12 |
| Sponsor location | CLEVELAND, OH | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250812170605NAL0018664450001, received 2025-08-12 |
| Industry (business code) | 522110, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250812170605NAL0018664450001, received 2025-08-12 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250812170605NAL0018664450001, received 2025-08-12 |
| Filing received | 2025-08-12 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250812170605NAL0018664450001, received 2025-08-12 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250812170605NAL0018664450001, received 2025-08-12 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250812170605NAL0018664450001, received 2025-08-12 |
| Participants, beginning of year | 28,380 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250812170605NAL0018664450001, received 2025-08-12 |
| Active participants | 17,385 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250812170605NAL0018664450001, received 2025-08-12 |
| Participants, end of year | 28,272 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250812170605NAL0018664450001, received 2025-08-12 |
| Participants with an account balance | 27,787 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250812170605NAL0018664450001, received 2025-08-12 |
| Total assets, beginning of year | $3,728,102,862 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250812170605NAL0018664450001, received 2025-08-12 |
| Total assets, end of year | $4,130,143,138 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250812170605NAL0018664450001, received 2025-08-12 |
| Net assets, end of year | $4,129,131,619 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250812170605NAL0018664450001, received 2025-08-12 |
| Total income | $817,578,392 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250812170605NAL0018664450001, received 2025-08-12 |
| Net income | $402,147,403 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250812170605NAL0018664450001, received 2025-08-12 |
| Employer contributions | $101,218,868 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250812170605NAL0018664450001, received 2025-08-12 |
| Participant contributions | $146,537,004 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250812170605NAL0018664450001, received 2025-08-12 |
| Other contributions (incl. rollovers) | $23,485,517 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250812170605NAL0018664450001, received 2025-08-12 |
| Total contributions | $271,241,389 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250812170605NAL0018664450001, received 2025-08-12 |
| Benefit payments | $410,022,403 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250812170605NAL0018664450001, received 2025-08-12 |
| Total expenses (incl. benefit payments) | $415,430,989 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250812170605NAL0018664450001, received 2025-08-12 |
| Total administrative expenses | $5,211,613 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250812170605NAL0018664450001, received 2025-08-12 |
| Recordkeeping fees | $627,851 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250812170605NAL0018664450001, received 2025-08-12 |
| IQPA audit fees | $36,360 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250812170605NAL0018664450001, received 2025-08-12 |
| Investment advisory and management fees | $4,505,664 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250812170605NAL0018664450001, received 2025-08-12 |
| Administrative expenses excluding investment management | $705,949 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250812170605NAL0018664450001, received 2025-08-12 |
| Held in common/collective trusts | $2,943,610,783 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250812170605NAL0018664450001, received 2025-08-12 |
| Held in mutual funds | $405,435,742 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250812170605NAL0018664450001, received 2025-08-12 |
| Independent auditor | MEADEN & MOORE, LTD. | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250812170605NAL0018664450001, received 2025-08-12 |
Position = column in the DOL layout for form year 2024. Filing 20250812170605NAL0018664450001, received 2025-08-12.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| JENNISON ASSOCIATES LLC | INVESTMENT MGR | 28 Investment management; 50 Direct payment from the plan | $1,289,727 | yes |
| STRATEGIC ADVISORS INC. | ADVISOR | 27 Investment advisory (plan); 50 Direct payment from the plan | $1,247,971 | no |
| BLACKROCK INSTITUTIONAL TRUST CO | INVESTMENT MGR | 28 Investment management; 21 Trustee (bank, trust company or similar); 51 Investment management fees paid directly by plan; 50 Direct payment from the plan | $989,259 | yes |
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 64 Recordkeeping fees; 65 Account maintenance fees; 50 Direct payment from the plan | $627,851 | yes |
| T ROWE PRICE | INVESTMENT MGR | 28 Investment management; 50 Direct payment from the plan | $591,582 | no |
| PIMCO | INVESTMENT MGR | 28 Investment management; 51 Investment management fees paid directly by plan; 50 Direct payment from the plan | $387,125 | yes |
| THE NORTHERN TRUST COMPANY | TRUSTEE | 28 Investment management; 49 Other services; 50 Direct payment from the plan | $194,044 | yes |
| CALLAN LLC | CONSULTANT | 27 Investment advisory (plan); 50 Direct payment from the plan | $40,000 | no |
| MEADEN & MOORE LTD | AUDITOR | 10 Accounting (including auditing); 50 Direct payment from the plan | $36,360 | no |
| ALIGHT SOLUTIONS LLCrecordkeeper | RECORDKEEPER | 14 Plan administrator; 26 Investment advisory (participants); 27 Investment advisory (plan); 35 Employee (plan sponsor); 49 Other services; 50 Direct payment from the plan | $23,760 | no |
| THOMPSON HINE LLP | ATTORNEY | 29 Legal; 50 Direct payment from the plan; 16 Consulting (general) | $5,430 | no |
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 20250812170605NAL0018664450001, received 2025-08-12.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $3,728,102,862 | $4,130,143,138 | 10.8% |
| Participants with a balance | 28,380 | 27,787 | -2.1% |
| Administrative expenses | $6,357,687 | $5,211,613 | -18.0% |
| Recordkeeping fees per participant | $44.58 | $22.60 | -49.3% |
| Employer contributions | $99,845,649 | $101,218,868 | 1.4% |
Prior filing 20240914162742NAL0006864707001, received 2024-09-14; the plan years are contiguous.
Sponsor name as filed: KEYCORP; SEC registrant: KEYCORP /NEW/ (CIK 91576, matched by EIN; display name from the Form 11-K cover).