Plan Ledger DOL Form 5500 · updated monthly

Euler Hermes North America Ins401(k)

EULER HERMES NORTH AMERICA INSURANCE COMPANY RETIREMENT SAVINGS PLAN · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Euler Hermes North America Ins reported $81,548 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $10,374 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 0.07% to 0.05%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other finance & insurance employers. By assets it is the 105th-largest of 1,671 plans among Maryland employers on file, and the 684th of 4,798 in finance & insurance. In 2024, employees put in $1.02 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$165,509,923
Participants with balances674
Active participants501
Employer contributions$5,197,453
Employee contributions$5,297,855
Employer contribution per active participant$10,374
Average account balance$245,564
Benefits paid to participants$21,975,891
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$165.5M · 674 accts · $5.2M emplr
2023$153.6M · 687 accts · $5.5M emplr
2022$137.5M · 607 accts · $4.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$77,061
Investment management$1,897
Total administrative$81,548
The Euler Hermes North America Ins 401(k) match · 2024
Employer contribution per active participant$10,374
Median for plans this size$3,635
2024$10,374 per active participant
2023$10,659 per active participant
2022$9,521 per active participant

Euler Hermes North America Ins's 2024 employer contribution ran above the $3,635 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 · 20241
EMPOWER ANNUITY INSURANCE COMPANY · Loan processing · Recordkeeping$87,309

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

Recordkeeper by year2
2024Empower
2023Empower

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$81,548 · 0.05%
2023$85,726 · 0.06%
2022$113,388 · 0.07%
Same employer
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Source: U.S. Department of Labor, Form 5500 series, EIN 520222226 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.