Employers › State Street
Recordkeeping fees per participant · State Street Salary Savings Program · plan year 2024
$126.73
Higher than 99% of the 790 plans over $1B that report it.
= $2,694,935 / 21,266
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250929100558NAL0012035056001, received 2025-09-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250929100558NAL0012035056001, received 2025-09-29
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 2025-09-29.
Administrative expenses excluding investment management, per participant
$126.73
Higher than 95% of the 1,045 plans over $1B that report it.
= $2,694,935 / 21,266
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250929100558NAL0012035056001, received 2025-09-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250929100558NAL0012035056001, received 2025-09-29
Administrative expenses per participant
$126.73
Higher than 81% of the 1,076 plans over $1B that report it.
= $2,694,935 / 21,266
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250929100558NAL0012035056001, received 2025-09-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250929100558NAL0012035056001, received 2025-09-29
Administrative expenses as a share of assets
0.041%
Higher than 44% of the 1,076 plans over $1B that report it.
= $2,694,935 / $6,532,301,643
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250929100558NAL0012035056001, received 2025-09-29
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250929100558NAL0012035056001, received 2025-09-29
Employer contributions per participant
$4,646
Higher than 64% of the 1,135 plans over $1B that report it.
= $98,806,837 / 21,266
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250929100558NAL0012035056001, received 2025-09-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250929100558NAL0012035056001, received 2025-09-29
Employer share of total contributions
34.1%
Higher than 53% of the 1,135 plans over $1B that report it.
= $98,806,837 / $290,177,226
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250929100558NAL0012035056001, received 2025-09-29
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250929100558NAL0012035056001, received 2025-09-29
Employer match
“State Street provides for matching contributions to the Plan in amounts equal to 100% of the first 6% of the employee’s contributions.”
Form 11-K filed 2026-06-23, for the year ended 2025-12-31 · plan description note, contributions · source document
Eligibility
“All employees of State Street and certain related companies (collectively, the "Company") are immediately eligible to participate in the Plan except for the following categories of employees:”
Form 11-K filed 2026-06-23, for the year ended 2025-12-31 · plan description note, general (fallback) · source document
Vesting
“Employees are immediately vested in the matching contributions.”
Form 11-K filed 2026-06-23, for the year ended 2025-12-31 · plan description note, vesting · source document
Automatic enrollment
“The Plan includes an auto-enrollment provision whereby all new eligible employees are automatically enrolled in the Plan, invested in the Qualified Default Investment Alternative ("QDIA"), unless they affirmatively elect to participate at a different rate or elect not to participate.”
Form 11-K filed 2026-06-23, for the year ended 2025-12-31 · plan description note, contributions · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
2K 401(m) arrangement · 2T default investment (QDIA) · 3F · 2G fully participant-directed · 2J 401(k) feature · 2R participant brokerage window · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250929100558NAL0012035056001, received 2025-09-29
| Field | Value | Source |
|---|---|---|
| Plan sponsor | STATE STREET CORPORATION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250929100558NAL0012035056001, received 2025-09-29 |
| Plan name | STATE STREET SALARY SAVINGS PROGRAM | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250929100558NAL0012035056001, received 2025-09-29 |
| Sponsor EIN / plan number | 04-2456637 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250929100558NAL0012035056001, received 2025-09-29 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250929100558NAL0012035056001, received 2025-09-29 |
| Sponsor location | BOSTON, MA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250929100558NAL0012035056001, received 2025-09-29 |
| Industry (business code) | 551111, Management of companies and enterprises | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250929100558NAL0012035056001, received 2025-09-29 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250929100558NAL0012035056001, received 2025-09-29 |
| Filing received | 2025-09-29 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250929100558NAL0012035056001, received 2025-09-29 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250929100558NAL0012035056001, received 2025-09-29 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250929100558NAL0012035056001, received 2025-09-29 |
| Participants, beginning of year | 21,964 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250929100558NAL0012035056001, received 2025-09-29 |
| Active participants | 11,992 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250929100558NAL0012035056001, received 2025-09-29 |
| Participants, end of year | 21,533 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250929100558NAL0012035056001, received 2025-09-29 |
| Participants with an account balance | 21,266 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250929100558NAL0012035056001, received 2025-09-29 |
| Total assets, beginning of year | $5,728,363,515 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250929100558NAL0012035056001, received 2025-09-29 |
| Total assets, end of year | $6,532,301,643 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250929100558NAL0012035056001, received 2025-09-29 |
| Net assets, end of year | $6,531,617,802 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250929100558NAL0012035056001, received 2025-09-29 |
| Total income | $1,234,470,556 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250929100558NAL0012035056001, received 2025-09-29 |
| Net income | $803,835,413 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250929100558NAL0012035056001, received 2025-09-29 |
| Employer contributions | $98,806,837 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250929100558NAL0012035056001, received 2025-09-29 |
| Participant contributions | $163,121,552 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250929100558NAL0012035056001, received 2025-09-29 |
| Other contributions (incl. rollovers) | $28,248,837 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250929100558NAL0012035056001, received 2025-09-29 |
| Total contributions | $290,177,226 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250929100558NAL0012035056001, received 2025-09-29 |
| Benefit payments | $427,940,208 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250929100558NAL0012035056001, received 2025-09-29 |
| Total expenses (incl. benefit payments) | $430,635,143 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250929100558NAL0012035056001, received 2025-09-29 |
| Total administrative expenses | $2,694,935 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250929100558NAL0012035056001, received 2025-09-29 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250929100558NAL0012035056001, received 2025-09-29 |
| Recordkeeping fees | $2,694,935 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250929100558NAL0012035056001, received 2025-09-29 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250929100558NAL0012035056001, received 2025-09-29 |
| Investment advisory and management fees | $0 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250929100558NAL0012035056001, received 2025-09-29 |
| Administrative expenses excluding investment management | $2,694,935 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250929100558NAL0012035056001, received 2025-09-29 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250929100558NAL0012035056001, received 2025-09-29 |
| Held in common/collective trusts | $5,463,403,820 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250929100558NAL0012035056001, received 2025-09-29 |
| Held in mutual funds | $431,638,122 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250929100558NAL0012035056001, received 2025-09-29 |
| Independent auditor | ERNST & YOUNG LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250929100558NAL0012035056001, received 2025-09-29 |
Position = column in the DOL layout for form year 2024. Filing 20250929100558NAL0012035056001, received 2025-09-29.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| STATE STREET GLOBAL ADVISORS | INVESTMENT MANAGEMENT | 25 Trustee (directed); 51 Investment management fees paid directly by plan | $1,422,487 | no |
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $756,613 | no |
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $369,053 | yes |
| TOWERS WATSON INVESTMENT SERVICES, | CONSULTANT | 16 Consulting (general) | $174,174 | no |
| ERNST & YOUNG US LLP | ACCOUNTANT/AUDITOR | 10 Accounting (including auditing) | $67,500 | no |
| NEWPORT TRUST COMPANY | INVESTMENT ADVISOR | 28 Investment management | $37,500 | no |
| ROPES AND GRAY LLP | ATTORNEY/LEGAL | 29 Legal | $11,093 | no |
| WILLIS TOWERS WATSON US LLC | CONSULTANT | 16 Consulting (general) | $8,845 | 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 20250929100558NAL0012035056001, received 2025-09-29.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $5,728,363,515 | $6,532,301,643 | 14.0% |
| Participants with a balance | 21,330 | 21,266 | -0.3% |
| Administrative expenses | $2,287,994 | $2,694,935 | 17.8% |
| Recordkeeping fees per participant | not reported | $126.73 | |
| Employer contributions | $96,166,666 | $98,806,837 | 2.7% |
Prior filing 20241011121208NAL0036872704001, received 2024-10-11; the plan years are contiguous.
Sponsor name as filed: STATE STREET CORPORATION; SEC registrant: STATE STREET CORP (CIK 93751, matched by EIN; display name from the Form 11-K cover).