Charter Communications 401(k) match, vesting and fees
What Charter Communications' 401(k) plan says about matching contributions
The matching contribution equals 100% of the amount of the salary reduction the participant elects to defer (up to 6% of the participant’s eligible payroll compensation), excluding any catch-up contributions.
Quoted directly from the filing. Plan terms may have changed; check your current Summary Plan Description.
Plan features
Indented passages are quoted word for word from the audit report; plan terms may have changed since, so check your current Summary Plan Description.
| Employer match | Quoted from the filing above | Audit report, p. 22 ↗ |
| Automatic enrollment | Employees are automatically enrolled into the Plan at a 4% pre-tax contribution rate. Employees may choose to opt-out of the automatic enrollment, or may change their contribution to the Plan up to maximum limits of their eligible compensation, as defined in the Plan agreement, limited by requirements of the IRC. | Audit report, p. 22 ↗ |
| Loans | Participants may borrow from their fund accounts a minimum of $1 thousand up to a maximum equal to the lesser of $50 thousand, adjusted for the highest outstanding loan balance during the prior twelve month period, or one-half of the total value of their vested account balance, excluding the Company's contributions. Rollover contributions are included in the collateral for loans. The loan term may not exceed five years except for the purpose of purchasing a principal residence, in which case the term may not exceed ten years. Interest rates are determined as the prime rate plus 1% and range from 3.25% to 9.5% on loans outstanding as of December 31, 2024. | Audit report, p. 23 ↗ |
| Independent auditor | Armanino LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
All rows are from the plan year 2024 filing; plan features from its audit report.
How the plan compares
Plan year 2024 medians for 14 defined-contribution plans in information with 50,000 or more participants.
| Charter Communications: employer contribution per participant | $2,953 | |
| Peer median | $3,236 |
| Charter Communications: average balance | $77,997 | |
| Peer median | $164,552 |
| Charter Communications: admin expenses ÷ assets | 0.00% | |
| Peer median | 0.03% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $7.9B at the end of plan year 2023 to $8.9B at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 120,688 | $8.9B | $339M | $2,953 | 0.00% | Quoted in the audit report, p. 22 ↗ | Form 5500 ↗ |
| 2023 | 128,248 | $7.9B | $347M | $2,882 | 0.00% | Not published | Form 5500 ↗ |
Other Charter Communications plans (2)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Charter Communications, Inc. Retirement Accumulation Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Independent auditor | Armanino LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Profit-sharing · Active | Form 5500 ↗ |
Time Warner Cable Pension Plan
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Fid Inv Inst Ops Co | Schedule C ↗ |
| Independent auditor | Armanino LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | Pension (defined benefit) · Active | Form 5500 ↗ |
Common questions
Does Charter Communications match 401(k) contributions?
The audit report attached to the Charter Communications, Inc. 401(k) Savings Plan's plan year 2024 Form 5500, page 22 says: “The matching contribution equals 100% of the amount of the salary reduction the participant elects to defer (up to 6% of the participant’s eligible payroll compensation), excluding any catch-up contributions.” Plan terms may have changed; check your current Summary Plan Description.
When is the Charter Communications 401(k) match vested?
The vesting schedule for the Charter Communications, Inc. 401(k) Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Charter Communications 401(k)?
The filing names Charter Communications, Inc. as plan administrator; it does not list a recordkeeper.
I left Charter Communications. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Charter Communications, Inc., (314) 965-0555). The Charter Communications old 401(k) page lists the contacts from every plan filing. Find an old Charter Communications 401(k)
Data from the public Form 5500 annual reports Charter Communications filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Charter Communications. Not financial advice. Report a correction · Methodology