Plan Ledger DOL Form 5500 · updated monthly

Employers Mutual Casualty Company401(k)

EMPLOYERS MUTUAL CASUALTY COMPANY 401(K) SAVINGS · DES MOINES, IA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Employers Mutual Casualty Company reported $85,945 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,096 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 0.02%. 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 14th-largest of 878 plans among Iowa employers on file, and the 287th of 4,798 in finance & insurance. In 2024, employees put in $2.62 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$555,020,121
Participants with balances2,941
Active participants2,130
Employer contributions$8,723,517
Employee contributions$22,869,895
Employer contribution per active participant$4,096
Average account balance$188,718
Benefits paid to participants$67,962,629
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$555.0M · 2,941 accts · $8.7M emplr
2023$524.9M · 3,039 accts · $8.4M emplr
2022$466.4M · 3,044 accts · $7.9M emplr
The Employers Mutual Casualty Company 401(k) match · 2024
Employer contribution per active participant$4,096
Median for plans this size$4,294
2024$4,096 per active participant
2023$3,819 per active participant
2022$3,588 per active participant

Employers Mutual Casualty Company'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 · 20241

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$85,945 · 0.02%
2023$293,639 · 0.06%
2022$277,437 · 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%

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Source: U.S. Department of Labor, Form 5500 series, EIN 420234980 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.