Farmers Group, Inc.401(k)
FARMERS GROUP, INC. 401(K) SAVINGS PLAN · WOODLAND HILLS, CA · plan year 2024
Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works
Farmers Group, Inc. reported $5,042,816 in plan administrative expenses for 2024: 0.11% of average plan assets, higher than ~75% of peers. Employer contributions averaged $8,235 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 0.12% to 0.11%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other finance & insurance employers. By assets it is the 33rd-largest of 9,483 plans among California employers on file, and the 41st of 4,798 in finance & insurance. In 2024, employees put in $1.18 for every $1.00 the employer contributed; active participation has shrunk from 22,503 to 17,891 since 2022.
Farmers Group, Inc.'s 2024 employer contribution ran above the $5,259 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.
Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
Looking for an account from a past job here? How to find an old 401(k).
Why are you looking at this plan?
Source: U.S. Department of Labor, Form 5500 series, EIN 950725935 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.