Department of Labor filing

SECURITIES INDUSTRY AND FINANCIAL MARKETS ASSOCIATION

SECURITIES INDUSTRY AND FINANCIAL MARKETS ASSOCIATION SAVINGS PLAN · For the plan year ended Dec 31, 2024

Public filing 2024 · received Sep 22, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

69filing comparison
out of 100

The filing looks somewhat better than typical peers on the measures we can compare. This is a filing comparison, not a complete benefits score.

$Employer support

$19,662

Reported employer contributions per active participant.

Higher than about 98% of comparable plans

#People in the filing

147

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$700 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 1% of comparable plans

↗Investment performance

Not available

Plan assets changed 10.4%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202469out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions98th percentileTypical peer $2,620 · based on 595 comparable plans

Lower reported administrative expense1st percentileTypical peer $101 · based on 590 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, SECURITIES INDUSTRY AND FINANCIAL MARKETS ASSOCIATION reported $2,890,270 in employer contributions across the plan and 147 active participants. That works out to $19,662 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy51%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 14.0%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 183.4%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context69/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $2,890,270
Participant contributions: $2,244,338
Other contributions: $91,769
Employer share of reported contributions: 56.3%
Beginning assets: $94,026,379
Ending assets: $103,760,216
Ending net assets: $103,760,216
Ending liabilities: $0
Total income: $18,561,029
Total expenses: $8,827,192
Administrative expenses: $203,008
Participant loans: $270,612

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$17,245

2023

$19,876

2024

$19,662

Plan-paid administrative expenses per participant

2022

$247

2023

$257

2024

$700

Active participants

2022

128

2023

133

2024

147

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$19,662	147	103.8M	20250922131442NAL0007714626001
2023	$19,876	133	94M	20241008131618NAL0008378179001
2022	$17,245	128	77M	20231004105422NAL0026126704001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 0.3%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 320178959-002

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 1981
Industry: Other services
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2C2E2G2J2K2S2T

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
AMERICAN FUNDS	2024	Not reported	unknown
DODGE AND COX	2024	Not reported	unknown
FRANKLIN TEMPLETON	2024	Not reported	unknown
INVESCO	2024	Not reported	unknown
METROPOLITAN WEST	2024	Not reported	unknown
MFS DISTRIBUTORS INC	2024	Not reported	unknown
PIMCO FUNDS DIST INST	2024	Not reported	unknown
VANGUARD MARKETING CORP	2024	Not reported	unknown

Current plan terms

Help fill the gap the filing leaves.

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Filing ACK_ID20250922131442NAL0007714626001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗