State Street Corporation 401(k): Fidelity, match 6% max
State Street Salary Savings Program · STT · CIK 93751
Fidelity Investments is the recordkeeper named on the Form 5500 filed for this plan, the company that keeps the account records. Where to log in, and what the filing says.
Maximum employer match, as a share of pay
6%
State Street Corporation matches 100% (dollar-for-dollar) of the first 6% of pay.
From the Form 11-K filed June 23, 2026 ↗, covering the plan year ended December 31, 2025. Page data last updated July 28, 2026, when the Form 5500 bulk data was last refreshed. Why filings lag
On this page: what the employer actually paid in · the formula, word for word · when the money becomes yours · who can join · who holds your account · what the plan reports to the DOL · how it compares · what to do next
What State Street puts in, and what the plan costs
What State Street put into the plan, per active participant
$8,239
State Street Corporation put $8,239 into this plan for each of its 11,992 active participants in plan year 2024. This is the whole employer side of the plan: matching money, profit sharing, non-elective and safe-harbor contributions, and reallocated forfeitures. The Form 5500 does not separate them, so this is what the employer put in and not the match.
State Street put in more per active participant than 84% of plans with 5,000+ participants at holding companies. The middle plan in that group of 62 reported $4,209. Holding companies comes from business code 551111, which State Street entered on its own Form 5500. Sponsors pick that code themselves, so a code that does not describe what the employer does ranks the plan against the wrong companies.
What this figure cannot separate: how much State Street pays, and how much it puts in
This is dollars, not a rate. A Form 5500 carries no payroll, so the figure reflects both how much the employer puts in and how much the employer pays: two plans running the same formula report different amounts when one pays better. Crossing the peer group with industry holds most of that difference still, and none of it disappears.
This is one plan year, not an average. A true-up, a plan merger or a one-off contribution moves a single year on its own.
Source: DOL Form 5500 for the plan year ended December 31, 2024, EIN 042456637, plan 002 · DOL EFAST2 ↗
The $8,239 above is the Form 5500 figure for plan year 2024, and it counts every employer dollar on one line. State Street Corporation also files a Form 11-K, which states the match formula for plan year 2025: the card below reads $2,970 a year at a $49,500 salary. That second figure is what the formula pays one worker on that salary, and not an amount either filing reports. The two figures cover different plan years and measure different things, so neither one is the other one corrected.
What State Street puts in
$2,970
a year, at a $49,500 salary.
The match paragraph, word for word
“State Street provides for matching contributions to the Plan in amounts equal to 100% of the first 6% of the employee’s contributions. Employees must have one year of service to be eligible to receive matching contributions. They are immediately 100% vested in matching contributions once eligible.”
What you contribute to collect all of it
Contribute at least 6% of your pay to collect the full match.
That is $2,970 a year at a $49,500 salary, and it scales with your own.
Vesting score
100 out of 100
How fast the employer’s money becomes yours. Higher than 48% of the 369 schedules we have scored.
It measures vesting speed and nothing else. It says nothing about the size of the match, what the plan charges, or the funds inside it.
Share of the employer's money that is the worker's at hire and at each of the first 6 anniversaries: 100%, 100%, 100%, 100%, 100%, 100%, 100%. The score is the average of those 7 readings.
Vesting, word for word
“Participant pre-tax deferral contributions and Roth after-tax contributions are always fully vested upon contribution. Employees are immediately vested in the matching contributions.”
A worker hired today collects no match for 1 year. This is a filed term, and it does not move the score above.
Eligibility, word for word
“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: •Non-resident aliens with no U.S.-source income •Student interns and co-op employees •Union employees •Leased employees and independent contractors •Employees of a non-participating affiliated company •Employees of a participating employer who are not on the U.S. payroll”
The wait before the match starts and the year-end true-up appear above when the filing states them. Neither is part of the score, and a filing that is silent on one of them is not a plan without it.
What the plan costs, against plans of its size
90th percentile
$122.70 per participant in plan-paid administrative cost, more expensive than 90% of plans with 5,000+ participants.
What is State Street's 401(k) match formula?
State Street's 401(k) employer match tops out at 6% of pay. One rate up to one limit is the commonest of the four shapes a match formula takes.
| Match formula | 100% (dollar-for-dollar) of the first 6% of pay |
|---|---|
| Maximum employer match | 6% of compensation |
| Paid in company stock | No, paid in cash or per your investment elections |
| Conditions | Employees must have one year of service to be eligible to receive matching contributions |
At a $90,000 salary, contributing 6% ($5,400) earns the full employer match of $5,400 for the year.
What the filing says, word for word
“State Street provides for matching contributions to the Plan in amounts equal to 100% of the first 6% of the employee’s contributions. Employees must have one year of service to be eligible to receive matching contributions. They are immediately 100% vested in matching contributions once eligible.”
Source: Form 11-K filed June 23, 2026, SEC EDGAR, corroborated by the filing's inline-XBRL facts · SEC ↗
What is State Street's 401(k) vesting schedule?
State Street vests the employer match immediately: 100% is yours as soon as it is paid in. Nothing is forfeited when you leave, which is not true of the two schedules that vest over time.
| Employer match vesting | Immediate: employer match is 100% vested when contributed |
|---|---|
| Your own contributions | Immediate: always 100% yours |
| Accelerated vesting | In the event of termination of the Plan, all participants will become fully vested |
Vesting, word for word
“Participant pre-tax deferral contributions and Roth after-tax contributions are always fully vested upon contribution. Employees are immediately vested in the matching contributions.”
Source: Form 11-K filed June 23, 2026, SEC EDGAR · SEC ↗
Who can join State Street's 401(k), and is enrollment automatic?
State Street enrolls new hires automatically at 3% of pay, rising 1% a year to 30% of pay.
| Plan entry | All employees of State Street and certain related companies are immediately eligible to participate in the Plan, subject to excluded categories |
|---|---|
| Match eligibility | One year of service required to be eligible to receive matching contributions |
| Excluded groups | Non-resident aliens with no U.S.-source income; student interns and co-op employees; union employees; leased employees and independent contractors; employees of a non-participating affiliated company; employees of a participating employer who are not on the U.S. payroll |
| Automatic enrollment | Yes: default deferral 3% of pay; auto-escalation +1%/yr to 30%; default investment: Qualified Default Investment Alternative (QDIA): the Target Retirement Date Fund corresponding to the participant's assumed target retirement year based on date of birth |
Eligibility, word for word
“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: •Non-resident aliens with no U.S.-source income •Student interns and co-op employees •Union employees •Leased employees and independent contractors •Employees of a non-participating affiliated company •Employees of a participating employer who are not on the U.S. payroll”
Automatic enrollment, word for word
“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. Automatically enrolled participants have their deferral rate set at 3% of eligible compensation. The Plan also includes an auto-escalation provision whereby participants' contributions automatically increase by 1% annually up to the maximum of 30%, or the participant opts out or chooses a different percentage.”
Source: Form 11-K filed June 23, 2026, SEC EDGAR · SEC ↗
Who holds your account
Schedule C of the Form 5500 filed for plan year 2024 reports Fidelity Investments, filed as “FIDELITY INVESTMENTS INSTITUTIONAL”. That is the company paid to keep the account records: what is in an account, what went into it, and usually the site a participant signs in to. The trustee that holds the plan’s assets can be a different company, and this filing does not name it.
10,593 plans on file name Fidelity Investments as their recordkeeper. Of those, the 10,022 with a computable fee have a median plan-paid cost of $97.71 per participant.
Participants log in at Fidelity NetBenefits ↗. 401(k) Monitor is not affiliated with Fidelity Investments or with any other recordkeeper, and takes nothing for this link. It is here because that is where the account is.
| Recordkeeper | Fidelity Investments |
|---|---|
| Recordkeeper EIN | 042647786 |
What does the State Street plan report on Form 5500?
The State Street plan reported $6.5B in assets and 21,964 participants for plan year 2024.
| Total plan assets | $6,532,301,643 |
|---|---|
| Participants | 21,964 |
| Plan-paid admin cost per participant | $122.70 |
How that cost compares
This plan pays $122.70 per participant. The median across plans at holding companies is $106.24, from the 612 of 643 whose Form 5500 yields a per-participant cost.
State Street Salary Savings Program on its Form 5500 filing: fees, providers and financials
How does State Street's 401(k) match compare?
State Street Corporation's maximum 401(k) match of 6% of pay compares with a median of 4% across the 269 companies in our data with a computable formula.
Employers worth reading next
Of the six employers below, three file at holding companies, two report the same recordkeeper and one vests on the same schedule.
Maximum match 6% of pay. Also at holding companies.
Maximum match 6% of pay. Also at holding companies.
Maximum match 5% of pay. Also at holding companies.
Maximum match 6% of pay. Same recordkeeper, Fidelity Investments.
Maximum match 6% of pay. Same recordkeeper, Fidelity Investments.
Maximum match 5% of pay. Vests immediately too, like State Street.
Compare State Street Corporation with any company, side by side
What can you do next?
- Read the Form 11-K on SEC EDGAR ↗
Form 11-K filed June 23, 2026, SEC EDGAR. Every match fact on this page comes from it.
- Changed jobs? Find an old 401(k) ↗
The Department of Labor's Retirement Savings Lost & Found, a free government database.
- This year's IRS contribution limits ↗
The official deferral and catch-up limits every formula operates under.
Questions this filing answers
What is State Street Corporation's 401(k) match?
State Street Corporation matches 100% of employee contributions up to 6% of eligible pay (plan year ended December 31, 2025).
When does the State Street Corporation 401(k) match vest?
Immediate: employer match is 100% vested when contributed.
Does State Street Corporation's 401(k) plan have automatic enrollment?
Yes: default deferral 3% of pay; auto-escalation +1%/yr to 30%; default investment: Qualified Default Investment Alternative (QDIA): the Target Retirement Date Fund corresponding to the participant's assumed target retirement year based on date of birth.
Who is the recordkeeper for State Street Corporation's 401(k)?
Fidelity Investments is named as the recordkeeper on the Form 5500 filed for State Street Salary Savings Program for plan year 2024. That is the company paid to keep the account records: what is in an account, what went into it, and usually the site a participant signs in to.
Source
The match formula, the vesting schedule and the enrollment rules on this page were read from one document: the Form 11-K annual report that State Street Corporation filed with the US Securities and Exchange Commission for the plan year ended December 31, 2025. Each of those fields carries the filing sentence it was read from, expandable where the field appears. Nothing on this page was supplied by the employer to this site.
The plan assets, the participant counts, the plan-paid fees and the recordkeeper come from a different document, the plan’s DOL Form 5500 annual return, and the section that reports them links it. Comparisons with other employers are computed across the filings named in the section they appear in.
Read the filing on SEC EDGAR ↗
| Document | Form 11-K annual report |
|---|---|
| Filed with | US Securities and Exchange Commission (EDGAR) |
| Filed by | State Street Corporation |
| SEC CIK | 93751 |
| Accession number | 0000093751-26-000380 |
| Plan | State Street Salary Savings Program |
| Period of report | December 31, 2025 |
| Filed | June 23, 2026 |
401(k) Monitor is not affiliated with State Street Corporation, with the Securities and Exchange Commission or with this plan’s recordkeeper, and publishes this page without their involvement. It republishes a public filing and says where it came from.
Cite this page
401(k) Monitor, “State Street Corporation 401(k) plan facts”, from SEC Form 11-K accession 0000093751-26-000380, plan year ended December 31, 2025.
