AT&T Savings And Security Plan
AT&T Inc. · Dallas, TX · EIN 431301883 · Plan 004 · Form 5500 for plan year 2024
What AT&T put into the plan, per active participant
$914
AT&T Inc. put $914 into this plan for each of its 23,855 active participants in plan year 2024. That is the whole employer side, matching money, profit sharing, non-elective and safe-harbor contributions and reallocated forfeitures together, because the Form 5500 reports them on one line, so it is not the match rate.
AT&T put in less per active participant than 88% of plans with 5,000+ participants in media, telecom and information. The middle plan in that group of 62 reported $3,707. Media, telecom and information comes from business code 517000, which AT&T Inc. 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 AT&T 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: Form 5500 filing for the plan year ended December 31, 2024, received by the DOL October 8, 2025 · DOL EFAST2 ↗
What the plan cost, per participant
$68.86
The plan paid $68.86 per participant in plan-paid administrative expenses in plan year 2024, more expensive than 62% of plans with 5,000+ participants. The middle plan of that size paid $54.84.
Why a plan this big pays less per person before anything else
Bigger plans pay less per head by construction, because the same negotiated bill divides across more people. That is why this ranking sits inside the plan's own size cohort and is never taken across all plans.
Schedule H reports only what came out of plan assets. Fees the sponsor pays directly, and fees taken inside fund expense ratios, never appear here, so this is a floor and not the all-in cost.
401(k) Monitor Score
19 out of 100
Where this plan stands against plans of its size and industry on two amounts its Form 5500 reports: employer money in per active person, and plan-paid cost per person. It reads no match formula, no vesting schedule and no fund lineup, because a Form 5500 states none of them.
- What the employer put in, per active participant: $914. Lower than 88% of plans with 5,000+ participants in media, telecom and information.
- What the plan cost, per participant: $68.86. Cheaper than 38% of plans with 5,000+ participants.
On this page: the match and vesting terms · what to check next · every figure on the filing · fees itemised · the plans this one is ranked against · service providers
The match and vesting terms, from a Form 11-K
The match formula and the vesting schedule are stated in a Form 11-K, which is filed only by employers whose plan holds company stock. A Form 5500 reports neither.
What AT&T puts in
Not stated in the filing
The filing does not disclose a match formula.
Two places state the terms in full: your plan’s Summary Plan Description, which your employer must provide on request, and your recordkeeper’s site, which for this plan is Fidelity NetBenefits ↗.
What you contribute to collect all of it
Not stated in the filing
The filing does not state the contribution rate that collects the full employer contribution.
Vesting score
Not scored
The filing does not state a vesting schedule for the employer match.
A schedule this cannot read at whole-year anniversaries is left without a number rather than given a middle one.
The filing does not state a vesting schedule for the employer match.
Vesting, word for word
“Detailed provisions covering participant eligibility, participant allotments from pay, participant withdrawals, participant loans, employer contributions and related vesting of contributions and plan expenses are provided in the plan texts and prospectuses.”
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
62nd percentile
$68.86 per participant in plan-paid administrative cost, more expensive than 62% of plans with 5,000+ participants.
The match, vesting and eligibility terms above are read from the Form 11-K filed by AT&T Inc., whose page states the full formula, the vesting schedule and the sentence behind each one.
What to check next
Your own numbers are not on this page
Every figure here is the whole plan for plan year 2024, taken from one filing and divided by headcounts. Your own contribution rate, your balance and the fees taken from your account are on your recordkeeper’s site, which this filing names as Fidelity NetBenefits ↗. What you may put in during a year is set by the IRS and not by the plan: this year’s limits ↗.
Key figures
| Total plan assets, end of year | $2,265,607,000 |
|---|---|
| Net assets | $2,264,210,000 |
| Participants, beginning of year | 29,262 |
| Of which active | 23,855 |
| Plan type | Single employer |
| Size cohortThe peer group we rank fees against. | 5,000+ participants |
| Employer share of the money that went in, plan year 2024The rest came from employees, who put in $48,825,000. The share falls when employees save more, so a plan whose staff contribute heavily reads lower here through no act of the employer. It is printed as a fact and it is not part of the score. | 31% |
Plan-paid administrative expenses
The plan paid $2,015,000 in administrative expenses in plan year 2024, across 29,262 participants: $68.86 per participant.
| Contract administrator fees | not reported in filing |
|---|---|
| Professional fees | not reported in filing |
| Investment management fees | $1,415,000 |
| Other administrative fees | $25,000 |
These are plan-paid expenses from Schedule H only. Fees the sponsor pays directly, and fees embedded in fund expense ratios, never appear here. This figure is a floor, not the all-in cost, and a low number is not “free”.
The plans this one is ranked against
Fees on this page are ranked against the 5,000+ participant cohort, where the median plan pays $54.84 per participant. The sponsor files from Texas, one of 4,254 plans on file there, at a median of $107.93 per participant. Its business code places the plan in media, telecom and information, one of 1,108 on file, which run to a median of $121.00.
Plans of a similar size in Texas
| Plan | Participants | Cost per participant |
|---|---|---|
| McLane Company, Inc. Profit Sharing PlanMcLane Company, Inc. | 29,794 | $66.81 |
| Jacobs 401(k) Plus Savings PlanJacobs Engineering Group Inc. | 29,527 | $59.58 |
| The SCI 401(k) Retirement Savings PlanService Corporation Intl | 27,628 | $46.57 |
| Keurig Dr Pepper 401(k) PlanKeurig Dr Pepper Inc. | 27,542 | $47.48 |
Service providers (Schedule C)
Recordkeeper: Fidelity Investments (as filed: “FIDELITY INVESTMENTS INSTITUTIONAL”)
10,593 plans on file name Fidelity Investments as their recordkeeper, at a median of $97.71 per participant.
| Provider | Service codes | Direct comp. ($) | Indirect comp. ($) |
|---|---|---|---|
| Financial Engines, Inc. | 51, 27 | 836,000 | not reported |
| Fidelity Investments Institutional | 65, 64, 37 | 677,000 | 53,017 |
| AT&T Inc. | 50, 14 | 126,000 | not reported |
| Goldman Sachs Asset Management | 51, 50, 28 | 114,000 | not reported |
| The Bank Of New York Mellon | 50, 21 | 97,000 | not reported |
| Newport Trust Company | 51, 50, 31, 28 | 60,000 | not reported |
| Cem Benchmarking | 50, 16 | 27,000 | not reported |
| Blackrock Financial Management Inc. | 51, 50, 24, 28, 21 | 22,000 | 0 |
| PwC US Tax LLP | 50, 16 | 21,000 | not reported |
| AT&T Services | 50, 14 | 13,000 | not reported |
| Fleishman Hillard Inc. | 50, 38 | 9,000 | not reported |
| Optavise LLC | 50, 16 | 8,000 | not reported |
Useful links
- Find a 401(k) you left at an old job ↗
The DOL's Retirement Savings Lost & Found. Free and official.
- Look up this plan's full Form 5500 ↗
The DOL's own filing search. Search by plan or sponsor name.
- Download this plan's data (CSV) ↗
Every field on this page, one row, ready for a spreadsheet.
Source
| Dataset | DOL EFAST2 Form 5500 bulk data (FOIA) |
|---|---|
| Form year | 2024 |
| Filing ACK_ID | 20251008164728NAL0009795232001 |
| Dataset last refreshed | July 28, 2026 |
Bulk dataset at askebsa.dol.gov ↗ · Look up the filing on EFAST2 ↗
Filings lag by design: a plan can file up to 9½ months after its year ends, so this is the newest data on file. Why filings lag
Cite this page
401(k) Monitor, "AT&T Savings And Security Plan: Form 5500 facts", from DOL EFAST2 filing 20251008164728NAL0009795232001, plan year ended December 31, 2024. 401(k) Monitor Score 19 out of 100 (exact value 19.33).