Plan Snapshot
- Plan Sponsor: Capital One Financial Corporation
- Sponsor EIN: 541719854
- Sponsor Address: 1680 CAPITAL ONE DRIVE, MCLEAN, VA, 221023491
- Plan Type: 401(k)
- Total Participants: 45,199
- Total Assets: $12.0B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 45,199 | $12.0B | $466.1M | $559.9M |
| 2023 | 44,933 | $10.2B | $464.9M | $540.4M |
| 2022 | 48,855 | $8.2B | $412.8M | $476.3M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| MERCER INVESTMENTS LLC | INVESTMENT ADVISOR | $2,972,635 | — | $2,972,635 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $2,771,599 | — | $2,771,599 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $609,538 | — | $609,538 |
| NEWPORT TRUST COMPANY | INVESTMENT ADVISOR | $135,000 | — | $135,000 |
| ERNST & YOUNG LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- ERNST & YOUNG LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $6,488,772
- Estimated Expense Ratio: 0.054% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $14,288,715 | $13,567,986 | $17,400 | — | — |
| 2023 | $13,966,602 | $9,661,169 | $13,800 | — | — |
| 2022 | $16,549,766 | $10,122,891 | — | — | — |