Plan Ledger DOL Form 5500 · updated monthly

Everest Reinsurance Company401(k)

EVEREST REINSURANCE EMPLOYEE SAVINGS PLAN · WARREN, NJ · plan year 2025

Reported admin expense ratio · 2025
0.08%

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

Everest Reinsurance Company reported $407,923 in plan administrative expenses for 2025: 0.08% of average plan assets, above the peer median. Employer contributions averaged $14,862 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 3 years on file its reported administrative ratio rose from 0.03% to 0.08%. The plan sits in the $250M–$1B size bracket, benchmarked here against 230 comparable plans and shown alongside other finance & insurance employers. By assets it is the 113th-largest of 2,419 plans among New Jersey employers on file, and the 289th of 4,798 in finance & insurance. In 2025, the employer put in $1.02 for every $1.00 employees contributed themselves; active participation has grown from 1,816 to 2,001 since 2022.

Plan summary
Net assets, end of year$553,047,433
Participants with balances2,692
Active participants2,001
Employer contributions$29,739,238
Employee contributions$29,190,768
Employer contribution per active participant$14,862
Average account balance$205,441
Benefits paid to participants$69,982,402
Plan auditUnmodified (clean) audit opinion
AuditorKPMG LLP
Plan history4
Yearassets · accounts · employer contribution
2025$553.0M · 2,692 accts · $29.7M emplr
2024$470.5M · 2,584 accts · $27.8M emplr
2023$395.1M · 2,526 accts · $23.3M emplr
2022$313.5M · 2,263 accts · $19.1M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$108,910
Investment management$265,626
Total administrative$407,923
The Everest Reinsurance Company 401(k) match · 2025
Employer contribution per active participant$14,862
Median for plans this size$4,295
2025$14,862 per active participant
2024$13,887 per active participant
2023$11,384 per active participant
2022$10,490 per active participant

Everest Reinsurance Company's 2025 employer contribution ran above the $4,295 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20255
EMPOWER ADVISORY GROUP, LLC · Investment management$190,626
MORGAN STANLEY · Investment advisory (plan)$75,000
ELLENOFF GROSSMAN & SCHOLE LLP$33,088
QDRO CONSULTANTS COMPANY, LLC · Consulting$300

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

Administrative cost history4
2025$407,923 · 0.08%
2024Not separately reported
2023$47,055 · 0.01%
2022$101,906 · 0.03%
Same employer
Similar plansFinance & Insurance · New Jersey
Bessemer Trust Company NJ$764.1M · 0.00%
Valley National Bank NJ$662.6M · 0.06%
U.S. Fire Insurance Co. NJ$590.7M · 0.06%
Lord, Abbett & Co. LLC NJ$554.1M · 0.03%
Standard Chartered Bank NJ$407.3M · 0.05%
Freedom Mortgage Corporation NJ$200.2M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222005057 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.