Plan Ledger DOL Form 5500 · updated monthly

American Financial Group, Inc.401(k)

AMERICAN FINANCIAL GROUP 401K RETIREMENT AND SAVINGS PLAN · CINCINNATI, OH · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

American Financial Group, Inc. reported $652,523 in plan administrative expenses for 2024: 0.03% of average plan assets, below the peer median. Employer contributions averaged $7,681 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 3 years on file its reported administrative ratio has held roughly steady near 0.030%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other management of companies employers. By assets it is the 27th-largest of 3,295 plans among Ohio employers on file, and the 24th of 786 in management of companies. In 2024, employees put in $1.33 for every $1.00 the employer contributed; active participation has grown from 6,912 to 7,790 since 2022.

Plan summary
Net assets, end of year$2,317,806,333
Participants with balances10,176
Active participants7,790
Employer contributions$59,835,917
Employee contributions$79,480,884
Employer contribution per active participant$7,681
Average account balance$227,772
Benefits paid to participants$208,058,249
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.3B · 10,176 accts · $59.8M emplr
2023$2.1B · 10,157 accts · $53.5M emplr
2022$1.9B · 9,567 accts · $48.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$476,573
Audit (IQPA)$19,700
Total administrative$652,523
The American Financial Group, Inc. 401(k) match · 2024
Employer contribution per active participant$7,681
Median for plans this size$5,259
2024$7,681 per active participant
2023$7,037 per active participant
2022$6,965 per active participant

American Financial Group, Inc.'s 2024 employer contribution ran above the $5,259 median for plans its size. 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 · 20243
MERRILL LYNCH, PIERCE, FENNER & SMI · Recordkeeping$476,573
UBS FINANCIAL SERVICES INC$156,250
CLARK SCHAEFER HACKET · Accounting / audit$19,700

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

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Administrative cost history3
2024$652,523 · 0.03%
2023$616,510 · 0.03%
2022$610,731 · 0.03%
Same employer
Similar plansManagement of Companies · Ohio
Assurant, Inc. GA$2.4B · 0.04%
Pearson Education Inc NJ$2.4B · 0.07%
W.R. Berkley Corporation CT$2.3B · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 311544320 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.