Plan Ledger DOL Form 5500 · updated monthly

Allianz Asset Management of America LLC401(k)

ALLIANZ ASSET MANAGEMENT OF AMERICA 401(K) SAVINGS AND RETIREMENT PLAN · NEWPORT BEACH, CA · plan year 2024

Reported admin expense ratio · 2024
0.02%

Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works

Allianz Asset Management of America LLC reported $350,869 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $24,164 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio rose from 0.01% to 0.02%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other finance & insurance employers. By assets it is the 68th-largest of 9,483 plans among California employers on file, and the 92nd of 4,798 in finance & insurance. In 2024, the employer put in $1.34 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$2,157,697,959
Participants with balances4,907
Active participants2,228
Employer contributions$53,836,454
Employee contributions$40,291,968
Employer contribution per active participant$24,164
Average account balance$439,718
Benefits paid to participants$125,929,686
Plan auditUnmodified (clean) audit opinion
AuditorWRIGHT FORD YOUNG AND COMPANY
Plan history2
Yearassets · accounts · employer contribution
2024$2.2B · 4,907 accts · $53.8M emplr
2023$1.9B · 5,018 accts · $59.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$230,643
Investment management$120,226
Total administrative$350,869
The Allianz Asset Management of America LLC 401(k) match · 2024
Employer contribution per active participant$24,164
Median for plans this size$5,259
2024$24,164 per active participant
2023$24,476 per active participant

Allianz Asset Management of America LLC's 2024 employer contribution ran above the $5,259 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 202410
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping$219,925
EP WEALTH ADVISORS LLC · Investment advisory (participants)$36,715
CHARLES SCHWAB & CO., INC. · Securities brokerage$29,864
SIGNATUREFD LLC · Investment advisory (participants)$23,286
EVOKE WEALTH LLC · Investment advisory (participants)$15,685
MARINER PLATFORM SOLUTIONS LLC · Investment advisory (participants)$13,130
BROWN BROTHERS HARRIMAN · Investment management$10,793
PRIVATE OCEAN · Investment advisory (participants)$9,662
WEALTH ENHANCEMENT ADVISORY SE · Investment advisory (participants)$6,862
FISHER INVESTMENTS · Investment advisory (participants)$5,006

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history2
2024$350,869 · 0.02%
2023$213,040 · 0.01%
Similar plansFinance & Insurance · California
Visa Inc. CA$5.2B · 0.00%
Farmers Group, Inc. CA$4.9B · 0.11%
Franklin Resources, Inc. CA$3.6B · 0.02%
City National Bank CA$1.7B · 0.06%
Experian, Inc. CA$1.7B · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 990994535 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.