Employers › Standard Chartered Bank
Recordkeeping fees per participant · Standard Chartered Bank Employees Capital Accumulation Plan · plan year 2024
$68.18
Higher than 75% of the 1,697 plans $250M to 1B that report it.
= $124,626 / 1,828
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251002054500NAL0000542194001, received 2025-10-02
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251002054500NAL0000542194001, received 2025-10-02
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 2025-10-02.
Administrative expenses excluding investment management, per participant
$98.37
Higher than 75% of the 2,324 plans $250M to 1B that report it.
= $179,826 / 1,828
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251002054500NAL0000542194001, received 2025-10-02
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251002054500NAL0000542194001, received 2025-10-02
Administrative expenses per participant
$103.02
Higher than 61% of the 2,405 plans $250M to 1B that report it.
= $188,318 / 1,828
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251002054500NAL0000542194001, received 2025-10-02
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251002054500NAL0000542194001, received 2025-10-02
Administrative expenses as a share of assets
0.046%
Higher than 30% of the 2,407 plans $250M to 1B that report it.
= $188,318 / $407,327,919
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251002054500NAL0000542194001, received 2025-10-02
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251002054500NAL0000542194001, received 2025-10-02
Employer contributions per participant
$7,447
Higher than 87% of the 2,457 plans $250M to 1B that report it.
= $13,613,250 / 1,828
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251002054500NAL0000542194001, received 2025-10-02
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251002054500NAL0000542194001, received 2025-10-02
Employer share of total contributions
38.3%
Higher than 71% of the 2,459 plans $250M to 1B that report it.
= $13,613,250 / $35,563,474
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251002054500NAL0000542194001, received 2025-10-02
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251002054500NAL0000542194001, received 2025-10-02
Plan terms are not published in public filings.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 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 20251002054500NAL0000542194001, received 2025-10-02
| Field | Value | Source |
|---|---|---|
| Plan sponsor | STANDARD CHARTERED BANK | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251002054500NAL0000542194001, received 2025-10-02 |
| Plan name | STANDARD CHARTERED BANK EMPLOYEES CAPITAL ACCUMULATION PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251002054500NAL0000542194001, received 2025-10-02 |
| Sponsor EIN / plan number | 94-1595409 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251002054500NAL0000542194001, received 2025-10-02 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251002054500NAL0000542194001, received 2025-10-02 |
| Sponsor location | NEWARK, NJ | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251002054500NAL0000542194001, received 2025-10-02 |
| Industry (business code) | 522298, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251002054500NAL0000542194001, received 2025-10-02 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251002054500NAL0000542194001, received 2025-10-02 |
| Filing received | 2025-10-02 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251002054500NAL0000542194001, received 2025-10-02 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251002054500NAL0000542194001, received 2025-10-02 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251002054500NAL0000542194001, received 2025-10-02 |
| Participants, beginning of year | 1,873 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251002054500NAL0000542194001, received 2025-10-02 |
| Active participants | 1,069 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251002054500NAL0000542194001, received 2025-10-02 |
| Participants, end of year | 1,848 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251002054500NAL0000542194001, received 2025-10-02 |
| Participants with an account balance | 1,828 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251002054500NAL0000542194001, received 2025-10-02 |
| Total assets, beginning of year | $347,244,822 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251002054500NAL0000542194001, received 2025-10-02 |
| Total assets, end of year | $407,327,919 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251002054500NAL0000542194001, received 2025-10-02 |
| Net assets, end of year | $407,327,919 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251002054500NAL0000542194001, received 2025-10-02 |
| Total income | $84,607,977 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251002054500NAL0000542194001, received 2025-10-02 |
| Net income | $60,083,097 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251002054500NAL0000542194001, received 2025-10-02 |
| Employer contributions | $13,613,250 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251002054500NAL0000542194001, received 2025-10-02 |
| Participant contributions | $17,155,369 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251002054500NAL0000542194001, received 2025-10-02 |
| Other contributions (incl. rollovers) | $4,794,855 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251002054500NAL0000542194001, received 2025-10-02 |
| Total contributions | $35,563,474 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251002054500NAL0000542194001, received 2025-10-02 |
| Benefit payments | $24,185,432 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251002054500NAL0000542194001, received 2025-10-02 |
| Total expenses (incl. benefit payments) | $24,524,880 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251002054500NAL0000542194001, received 2025-10-02 |
| Total administrative expenses | $188,318 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251002054500NAL0000542194001, received 2025-10-02 |
| Recordkeeping fees | $124,626 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251002054500NAL0000542194001, received 2025-10-02 |
| IQPA audit fees | $41,600 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251002054500NAL0000542194001, received 2025-10-02 |
| Investment advisory and management fees | $8,492 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251002054500NAL0000542194001, received 2025-10-02 |
| Administrative expenses excluding investment management | $179,826 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251002054500NAL0000542194001, received 2025-10-02 |
| Held in common/collective trusts | $272,193,887 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251002054500NAL0000542194001, received 2025-10-02 |
| Held in mutual funds | $113,425,488 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251002054500NAL0000542194001, received 2025-10-02 |
| Independent auditor | FORVIS MAZARS, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251002054500NAL0000542194001, received 2025-10-02 |
Position = column in the DOL layout for form year 2024. Filing 20251002054500NAL0000542194001, received 2025-10-02.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| THE VANGUARD GROUP, INC.recordkeeper | NONE | 15 Recordkeeping and information management; 16 Consulting (general); 25 Trustee (directed); 33 Securities brokerage; 37 Participant loan processing; 52 Investment management fees paid indirectly by plan; 99 Other fees | $124,626 | yes |
| FORVIS MAZARS, LLP | NONE | 99 Other fees | $41,600 | no |
| DELOITTE & TOUCHE LLP | NONE | 99 Other fees | $19,000 | no |
| VANGUARD ADVISERS INC. | NONE | 26 Investment advisory (participants) | $8,492 | 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 20251002054500NAL0000542194001, received 2025-10-02.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $347,244,822 | $407,327,919 | 17.3% |
| Participants with a balance | 1,851 | 1,828 | -1.2% |
| Administrative expenses | $215,271 | $188,318 | -12.5% |
| Recordkeeping fees per participant | $69.13 | $68.18 | -1.4% |
| Employer contributions | $13,692,123 | $13,613,250 | -0.6% |
Prior filing 20241014100332NAL0044083920001, received 2024-10-14; the plan years are contiguous.
Sponsor name as filed: STANDARD CHARTERED BANK; SEC registrant: STANDARD CHARTERED BANK (CIK 700880, matched by EIN).