Plan Ledger DOL Form 5500 · updated monthly

American International Group, Inc.401(k)

AMERICAN INTERNATIONAL GROUP, INC. INCENTIVE SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.06%

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

American International Group, Inc. reported $2,639,150 in plan administrative expenses for 2024: 0.06% of average plan assets, above the peer median. Employer contributions averaged $17,002 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 2 years on file its reported administrative ratio rose from 0.03% to 0.06%. 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 37th-largest of 5,648 plans among New York employers on file, and the 48th of 4,798 in finance & insurance. In 2024, the employer put in $1.05 for every $1.00 employees contributed themselves; active participation has shrunk from 8,143 to 5,072 since 2022.

Plan summary
Net assets, end of year$4,480,201,267
Participants with balances19,879
Active participants5,072
Employer contributions$86,233,017
Employee contributions$82,130,794
Employer contribution per active participant$17,002
Average account balance$225,374
Benefits paid to participants$737,088,337
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.5B · 19,879 accts · $86.2M emplr
2023$4.4B · 21,454 accts · $95.0M emplr
2022$3.9B · 22,783 accts · $155.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$474,473
Investment management$1,306,712
Trustee / custodial$12,183
Total administrative$2,639,150
The American International Group, Inc. 401(k) match · 2024
Employer contribution per active participant$17,002
Median for plans this size$5,259
2024$17,002 per active participant
2023$13,271 per active participant
2022$19,080 per active participant

American International Group, Inc.'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 · 20244
ALIGHT SOLUTIONS · Recordkeeping · Loan processing$474,473
ALIGHT FINANCIAL ADVISORS, LLC · Investment advisory (participants)$1,240,741
AON INVESTMENTS USA INC · Investment advisory (participants)$65,971
NORTHERN TRUST · Trustee$12,183

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

Administrative cost history3
2024$2,639,150 · 0.06%
2023$1,219,321 · 0.03%
2022$1,695,128 · 0.03%
Same employer
Similar plansFinance & Insurance · New York
Blackrock, Inc. NY$4.8B · 0.00%
Blackrock, Inc. NY$3.4B · 0.01%
Mufg Bank, LTD NY$3.1B · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132592361 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.