Plan Ledger DOL Form 5500 · updated monthly

Camico Mutual Insurance Company401(k)

CAMICO SAVINGS AND INVESTMENT PLAN · SAN MATEO, CA · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Camico Mutual Insurance Company reported $55,742 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $3,305 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 0.20% to 0.21%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other finance & insurance employers. By assets it is the 2,892nd-largest of 9,483 plans among California employers on file, and 2,569th of 4,798 in finance & insurance. In 2024, employees put in $3.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,214,885
Participants with balances105
Active participants87
Employer contributions$287,556
Employee contributions$1,035,495
Employer contribution per active participant$3,305
Average account balance$259,189
Benefits paid to participants$1,918,816
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.2M · 105 accts · $288K emplr
2023$24.7M · 112 accts · $281K emplr
2022$21.4M · 114 accts · $277K emplr
Administrative expenses, itemized · 2024
Investment management$38,742
Audit (IQPA)$17,000
Total administrative$55,742
The Camico Mutual Insurance Company 401(k) match · 2024
Employer contribution per active participant$3,305
Median for plans this size$2,416
2024$3,305 per active participant
2023$3,123 per active participant
2022$3,077 per active participant

Camico Mutual Insurance Company's 2024 employer contribution ran above the $2,416 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 · 20244
NWK GROUP INC · Investment advisory (plan)$40,322
CBIZ INC · Accounting / audit$17,000
EMPOWER ADVISORY GROUP, LLC · Investment management$14,503

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$55,742 · 0.21%
2023$43,031 · 0.19%
2022$46,336 · 0.20%
Similar plansFinance & Insurance · California
Alameda Alliance for Health CA$28.0M · 0.13%
Adelfi Credit Union CA$28.0M · 0.11%
American Assets Trust, LP CA$27.2M · 0.40%
River City Bank CA$26.7M · 0.04%
American First Credit Union CA$26.6M · 0.18%
Myvest Corporation CA$26.4M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770105482 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.