Plan Ledger DOL Form 5500 · updated monthly

Amwins Group, Inc.401(k)

AMWINS GROUP, INC. 401(K) PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Amwins Group, Inc. reported $690,374 in plan administrative expenses for 2024: 0.09% of average plan assets, above the peer median. Employer contributions averaged $2,539 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 fell from 0.10% to 0.09%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other finance & insurance employers. By assets it is the 47th-largest of 2,005 plans among North Carolina employers on file, and the 209th of 4,798 in finance & insurance. In 2024, employees put in $3.55 for every $1.00 the employer contributed; active participation has grown from 5,781 to 6,644 since 2022.

Plan summary
Net assets, end of year$844,480,313
Participants with balances6,540
Active participants6,644
Employer contributions$16,871,957
Employee contributions$59,826,938
Employer contribution per active participant$2,539
Average account balance$129,125
Benefits paid to participants$47,903,924
Plan auditUnmodified (clean) audit opinion
AuditorBERNARD ROBINSON AND COMPANY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$844.5M · 6,540 accts · $16.9M emplr
2023$692.9M · 6,166 accts · $15.0M emplr
2022$544.5M · 5,669 accts · $13.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$281,982
Investment management$322,975
Audit (IQPA)$16,500
Total administrative$690,374
The Amwins Group, Inc. 401(k) match · 2024
Employer contribution per active participant$2,539
Median for plans this size$4,294
2024$2,539 per active participant
2023$2,393 per active participant
2022$2,276 per active participant

Amwins Group, Inc.'s 2024 employer contribution ran below the $4,294 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 · 20245
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$322,975
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$281,982
CREATIVE PLANNING, LLC · Investment advisory (plan)$53,917
BERNARD ROBINSON & COMPANY LLP · Accounting / audit$16,500
ALLIANT RETIREMENT SERVICES LLC · Investment advisory (plan)$15,000

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$690,374 · 0.09%
2023$703,720 · 0.11%
2022$584,807 · 0.10%
Same employer
Similar plansFinance & Insurance · North Carolina
Crc Insurance Group, LLC NC$1.6B · 0.01%
The Capfinancial Group, LLC NC$323.3M · 0.00%
Brighthouse Services, LLC NC$322.4M · 0.01%
Allspring Buyer LLC NC$310.4M · 0.03%
Iat Insurance Group Inc. NC$287.9M · 0.00%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 134009411 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.