Plan Ledger DOL Form 5500 · updated monthly

Athene Annuity & Life Company401(k)

ATHENE SAVINGS & RETIREMENT PLAN · WEST DES MOINES, IA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Athene Annuity & Life Company reported $138,890 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $6,613 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 0.05% to 0.04%. 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 30th-largest of 878 plans among Iowa employers on file, and the 395th of 4,798 in finance & insurance. In 2024, employees put in $1.53 for every $1.00 the employer contributed; active participation has grown from 1,633 to 1,848 since 2022.

Plan summary
Net assets, end of year$351,504,251
Participants with balances2,542
Active participants1,848
Employer contributions$12,220,882
Employee contributions$18,749,232
Employer contribution per active participant$6,613
Average account balance$138,279
Benefits paid to participants$20,615,271
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history3
Yearassets · accounts · employer contribution
2024$351.5M · 2,542 accts · $12.2M emplr
2023$293.7M · 2,531 accts · $11.2M emplr
2022$238.7M · 2,344 accts · $10.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$138,890
Total administrative$138,890
The Athene Annuity & Life Company 401(k) match · 2024
Employer contribution per active participant$6,613
Median for plans this size$4,294
2024$6,613 per active participant
2023$6,022 per active participant
2022$6,325 per active participant

Athene Annuity & Life Company's 2024 employer contribution ran above 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$138,890

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$138,890 · 0.04%
2023$135,161 · 0.05%
2022$141,562 · 0.05%
Same employer
Similar plansFinance & Insurance · Iowa
Transamerica Corporation IA$2.7B · 0.00%
Wellmark, Inc. IA$467.9M · 0.05%
Hma Group Holdings, LLC IA$245.4M · 0.16%
Veridian Credit Union IA$198.7M · 0.19%
Tmg Insurance Services, LLC IA$183.5M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420175020 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.