Plan Ledger DOL Form 5500 · updated monthly

Continental Casualty Company401(k)

CNA 401K PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Continental Casualty Company reported $3,021,000 in plan administrative expenses for 2024: 0.13% of average plan assets, higher than ~90% of peers. Employer contributions averaged $12,416 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 0.14% to 0.13%. 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 35th-largest of 3,702 plans among Illinois employers on file, and the 20th of 786 in management of companies. In 2024, the employer put in $1.02 for every $1.00 employees contributed themselves; active participation has grown from 4,990 to 5,585 since 2022.

Plan summary
Net assets, end of year$2,505,188,000
Participants with balances9,282
Active participants5,585
Employer contributions$69,344,000
Employee contributions$68,151,000
Employer contribution per active participant$12,416
Average account balance$269,897
Benefits paid to participants$237,632,000
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$2.5B · 9,282 accts · $69.3M emplr
2023$2.3B · 9,260 accts · $66.2M emplr
2022$2.0B · 8,935 accts · $59.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$433,023
Investment management$2,569,972
Trustee / custodial$18,005
Total administrative$3,021,000
The Continental Casualty Company 401(k) match · 2024
Employer contribution per active participant$12,416
Median for plans this size$5,259
2024$12,416 per active participant
2023$12,285 per active participant
2022$11,921 per active participant

Continental Casualty Company'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 · 20246
ALIGHT SOLUTIONS, LLC · Recordkeeping · Investment advisory (participants)$1,544,469
ATLANTA CAPITAL MANAGEMENT CO,LLC · Investment advisory (plan)$524,162
LSV ASSET MANAGEMENT · Investment management$460,468
INVESCO · Investment management$300,206
NORTHERN TRUST INVESTMENTS INC. · Investment management$133,218
NORTHERN TRUST COMPANY · Trustee$18,005

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

Recordkeeper by year2
2024Alight
2023Alight

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Administrative cost history3
2024$3,021,000 · 0.13%
2023$2,930,000 · 0.14%
2022$3,261,000 · 0.14%
Same employer
Similar plansManagement of Companies · Illinois
Illinois Tool Works Inc. IL$4.2B · 0.05%
Kemper Corporation IL$887.5M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 362114545 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.