Commonwealth Bank of Austrailia 401(k) match, vesting and fees
What Commonwealth Bank of Austrailia's 401(k) plan says about matching contributions
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 | Transamerica Retirement Solutions | Schedule C ↗ |
| Independent auditor | Caron and Bletzer, PLLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 3,409 defined-contribution plans in finance and insurance with 100 to 499 participants.
| Commonwealth Bank of Austrailia: employer contribution per participant | $5,993 | |
| Peer median | $2,868 |
| Commonwealth Bank of Austrailia: average balance | $184,982 | |
| Peer median | $95,281 |
| Commonwealth Bank of Austrailia: admin expenses ÷ assets | 0.26% | |
| Peer median | 0.22% |
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 $28M at the end of plan year 2021 to $32M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 173 | $32M | $1M | $5,993 | 0.26% | Not published | Form 5500 ↗ |
| 2023 | 171 | $28.2M | $999K | $5,844 | 0.39% | Not published | Form 5500 ↗ |
| 2022 | 170 | $22.9M | $810K | $4,765 | 0.38% | Not published | Form 5500 ↗ |
| 2021 | 163 | $28M | $788K | $4,835 | 0.41% | Not published | Form 5500 ↗ |
Common questions
Does Commonwealth Bank of Austrailia match 401(k) contributions?
The match terms for the Commonwealth Bank of Australia Employees 401k Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $1M in employer contributions, about $5,993 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Commonwealth Bank of Austrailia 401(k) match vested?
The vesting schedule for the Commonwealth Bank of Australia Employees 401k Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Commonwealth Bank of Austrailia 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Transamerica Retirement Solutions. The plan administrator is Commonwealth Bank of Austrailia.
I left Commonwealth Bank of Austrailia. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Commonwealth Bank of Austrailia, (212) 848-9200) or the recordkeeper, Transamerica Retirement Solutions. The Commonwealth Bank of Austrailia old 401(k) page lists the contacts from every plan filing. Find an old Commonwealth Bank of Austrailia 401(k)
Data from the public Form 5500 annual reports Commonwealth Bank of Austrailia filed with the U.S. Department of Labor (plan years 2021 and 2022 and 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 Commonwealth Bank of Austrailia. Not financial advice. Report a correction · Methodology