401(k) Monitor

Ascensus 401(k) plans and fees

Source: Schedule C of Form 5500 filings, form year 2024, DOL EFAST2 bulk data · DOL 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

Ascensus recordkeeps 913 of the 50,598 large 401(k) plans with an identified recordkeeper in form-year-2024 Form 5500 filings, a 1.8% plan share covering 478,366 participants.

$136.09

Median plan-paid administrative cost per participant across the 911 published plans recordkept by Ascensus with computable fee data, form-year-2024 filings.

$13.92 above the $122.17 median across all 54,783 published plans with fee data.

How many 401(k) plans does Ascensus recordkeep?

Universe figures from Schedule C across all form-year-2024 filings; published figures from the 913 plans on 401(k) Monitor naming Ascensus. Assets and participants as filed.
Plans recordkept, full universeOf 50,598 form-year-2024 filings with an identified recordkeeper.913
Plan share1.8%
Participants in those plans478,366
Participant share0.6%
Plans published on 401(k) MonitorOf 57,824 plans published so far from the 57,824 in the form-year-2024 data.913
Participants in published plans478,366
Assets in published plans$20.6B

The published subset skews toward the largest plans, so its totals and medians do not describe the whole Ascensus book. The universe counts do.

What do 401(k) plans recordkept by Ascensus pay in fees?

The median plan-paid administrative cost across the 911 published plans recordkept by Ascensus is $136.09 per participant, against $122.17 across all 54,783 published plans with fee data. 414 of the 911 (45%) pay less than that all-plans median.

These are plan-paid expenses from Schedule H only. Fees the sponsor pays directly, and fees embedded in fund expense ratios, never appear here, so every figure is a floor, not the all-in cost. The recordkeeper is one of several providers a plan pays. 2 of the 913 published plans report no computable plan-paid cost and are excluded from the median. How to read your own plan’s number: are your 401(k) fees high?

Which are the biggest 401(k) plans Ascensus administers?

The 10 plans naming Ascensus as recordkeeper with the most active participants. Published subset only, not the whole Ascensusbook.
#PlanActive participantsAssetsPlan-paid cost / participant
1Greystar 401(k) Plan20,689$757.4M$59.05
2Northeast Georgia Health System, Inc. 401(k) Retirement Savings Plan11,682$847.5M$42.87
3Thekey 401(k) Plan9,548$32.3M$14.59
4Southwest Foodservice Excellence 401(k) Plan8,163$12.5M$34.55
5Koch Meat Co., Inc. 401(k) Plan7,046$101.5M$32.23
6Staffing Partners Holdings 401(k) Plan6,247$19.3M$30.52
7Mutual Of Omaha 401(k) Retirement Savings Plan6,050$1.0B$15.97
8Prairie Farms Dairy 401(k) Plan3,809$39.0M$59.25
9Mcr 401(k) Plan3,639$29.0M$32.25
10Nash Johnson & Sons' Svgs & Ret Plan3,395$57.0M$71.08

Each linked page shows the plan’s full fee breakdown and its percentile among plans of the same size.

Where do Ascensus 401(k) participants log in?

Participants in a plan recordkept by Ascensus manage their account at Ascensus.

If your employer has since changed recordkeepers, an old balance may not be there. The DOL’s Retirement Savings Lost & Found ↗ tracks accounts left behind.

Source

DatasetDOL EFAST2 Form 5500 bulk data (FOIA)
Form year2024
Recordkeeper identificationService code 15 or 64; the mapping from raw filing names to brands is ours.Schedule C, Part I, Item 2
Dataset last refreshedJuly 28, 2026

Bulk dataset at askebsa.dol.gov ↗ · How the recordkeeper is identified

Cite this page

401(k) Monitor, "Ascensus 401(k) plans and fees", computed from DOL EFAST2 Form 5500 bulk data, form year 2024.