Ernst & Young Infrastructure Advisors
Ernst & Young Infrastructure Advisors, LLC · SECAUCUS, NJ · Professional, scientific, and technical services · sponsor EIN 34-6565596 · 1 plan with Schedule H financials, latest plan year 2024
plan sponsor as filed: Ernst & Young U.S. LLP.
Plan terms
Plan terms are not published in public filings.
ERNST & YOUNG RETIREMENT SAVINGS PLAN
Plan year 2024-01-01 to 2024-12-31 · $18,327,167,732 in assets · 94,372 participants with a balance · >$1B bucket, single-employer · plan number 112
At a glance
Recordkeeping fees per participant (headline)
$50.08
higher than 82% of the 790 plans of similar size (>$1B) that report it
= recordkeeping_fees / participants_with_balance. Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015172009NAL0002696307001, received 2025-10-15 · participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015172009NAL0002696307001, received 2025-10-15
Administrative expenses excluding investment management, per participant
$50.08
higher than 59% of the 1,045 plans of similar size (>$1B) that report it
= admin_excl_invmgmt / participants_with_balance. derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015172009NAL0002696307001, received 2025-10-15 · participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015172009NAL0002696307001, received 2025-10-15
Administrative expenses per participant
$50.51
higher than 30% of the 1,076 plans of similar size (>$1B) that report it
= admin_expenses / participants_with_balance. Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015172009NAL0002696307001, received 2025-10-15 · participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015172009NAL0002696307001, received 2025-10-15
Administrative expenses as a share of assets
0.026%
higher than 25% of the 1,076 plans of similar size (>$1B) that report it
= admin_expenses / assets_eoy. Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015172009NAL0002696307001, received 2025-10-15 · assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015172009NAL0002696307001, received 2025-10-15
Employer contributions per participant
$2,778
higher than 33% of the 1,135 plans of similar size (>$1B) that report it
= employer_contrib / participants_with_balance. Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015172009NAL0002696307001, received 2025-10-15 · participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015172009NAL0002696307001, received 2025-10-15
Employer share of total contributions
19.4%
higher than 9% of the 1,135 plans of similar size (>$1B) that report it
= employer_contrib / total_contrib. Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015172009NAL0002696307001, received 2025-10-15 · total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015172009NAL0002696307001, received 2025-10-15
Percentiles compare this plan with the Schedule H plans of the same asset bucket and plan year, excluding final filings; a percentile is shown only where at least 50 comparable plans report the figure. The match formula is not in the filing; only amounts are shown.
Plan features
2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 3B · 3J Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251015172009NAL0002696307001, received 2025-10-15
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL (recordkeeper) | RECORD KEEPER | 50 Direct payment from the plan; 64 Recordkeeping fees; 65 Account maintenance fees | $4,726,090 | yes |
| BLACK ROCK INSTITUTIONAL TRUST CO. | FUND MANAGER | 50 Direct payment from the plan; 51 Investment management fees paid directly by plan; 99 Other fees | $41,081 | yes |
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 20251015172009NAL0002696307001, received 2025-10-15.
Full record
| Field | Value | Source |
|---|---|---|
| Plan sponsor | ERNST & YOUNG U.S. LLP | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251015172009NAL0002696307001, received 2025-10-15 |
| Plan name | ERNST & YOUNG RETIREMENT SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251015172009NAL0002696307001, received 2025-10-15 |
| Sponsor EIN / plan number | 34-6565596 / 112 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251015172009NAL0002696307001, received 2025-10-15 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251015172009NAL0002696307001, received 2025-10-15 |
| Sponsor location | SECAUCUS, NJ | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251015172009NAL0002696307001, received 2025-10-15 |
| Industry (business code) | 541211, Professional, scientific, and technical services | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251015172009NAL0002696307001, received 2025-10-15 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251015172009NAL0002696307001, received 2025-10-15 |
| Filing received | 2025-10-15 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251015172009NAL0002696307001, received 2025-10-15 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251015172009NAL0002696307001, received 2025-10-15 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251015172009NAL0002696307001, received 2025-10-15 |
| Participants, beginning of year | 96,780 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251015172009NAL0002696307001, received 2025-10-15 |
| Active participants | 55,849 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251015172009NAL0002696307001, received 2025-10-15 |
| Participants, end of year | 97,058 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251015172009NAL0002696307001, received 2025-10-15 |
| Participants with an account balance | 94,372 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251015172009NAL0002696307001, received 2025-10-15 |
| Total assets, beginning of year | $15,543,526,764 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251015172009NAL0002696307001, received 2025-10-15 |
| Total assets, end of year | $18,327,167,732 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251015172009NAL0002696307001, received 2025-10-15 |
| Net assets, end of year | $18,326,751,229 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251015172009NAL0002696307001, received 2025-10-15 |
| Total income | $4,087,760,337 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251015172009NAL0002696307001, received 2025-10-15 |
| Net income | $2,753,239,784 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251015172009NAL0002696307001, received 2025-10-15 |
| Employer contributions | $262,198,914 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251015172009NAL0002696307001, received 2025-10-15 |
| Participant contributions | $794,359,760 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251015172009NAL0002696307001, received 2025-10-15 |
| Other contributions (incl. rollovers) | $292,303,012 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251015172009NAL0002696307001, received 2025-10-15 |
| Total contributions | $1,348,861,686 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251015172009NAL0002696307001, received 2025-10-15 |
| Benefit payments | $1,329,753,382 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251015172009NAL0002696307001, received 2025-10-15 |
| Total expenses (incl. benefit payments) | $1,334,520,553 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251015172009NAL0002696307001, received 2025-10-15 |
| Total administrative expenses | $4,767,171 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251015172009NAL0002696307001, received 2025-10-15 |
| Recordkeeping fees | $4,726,090 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251015172009NAL0002696307001, received 2025-10-15 |
| Investment advisory and management fees | $41,081 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251015172009NAL0002696307001, received 2025-10-15 |
| Administrative expenses excluding investment management | $4,726,090 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251015172009NAL0002696307001, received 2025-10-15 |
| Held in common/collective trusts | $9,888,098,613 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251015172009NAL0002696307001, received 2025-10-15 |
| Held in mutual funds | $8,280,349,183 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251015172009NAL0002696307001, received 2025-10-15 |
| Independent auditor | BDO USA, P.C. | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251015172009NAL0002696307001, received 2025-10-15 |
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $15,543,526,764 | $18,327,167,732 | 17.9% |
| Participants with a balance | 93,802 | 94,372 | 0.6% |
| Administrative expenses | $5,228,063 | $4,767,171 | -8.8% |
| Recordkeeping fees per participant | $55.74 | $50.08 | -10.1% |
| Employer contributions | $252,827,603 | $262,198,914 | 3.7% |
Prior filing 20241015153941NAL0050236320001, received 2024-10-15; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: ERNST & YOUNG U.S. LLP; SEC registrant: Ernst & Young Infrastructure Advisors, LLC (CIK 1617793, matched by EIN).