Plan Ledger DOL Form 5500 · updated monthly

Loews Corporation401(k)

LOEWS CORPORATION EMPLOYEES' SAVINGS PLAN · NEW YORK, NY · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Loews Corporation reported $17,455 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $23,650 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 0.02% to 0.01%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other management of companies employers. By assets it is the 546th-largest of 5,648 plans among New York employers on file, and the 165th of 786 in management of companies. In 2024, the employer put in $1.19 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$167,655,147
Participants with balances282
Active participants121
Employer contributions$2,861,681
Employee contributions$2,412,344
Employer contribution per active participant$23,650
Average account balance$594,522
Benefits paid to participants$9,377,422
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$167.7M · 282 accts · $2.9M emplr
2023$145.6M · 325 accts · $2.8M emplr
2022$114.8M · 308 accts · $2.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$17,422
Total administrative$17,455
The Loews Corporation 401(k) match · 2024
Employer contribution per active participant$23,650
Median for plans this size$3,635
2024$23,650 per active participant
2023$21,710 per active participant
2022$20,895 per active participant

Loews Corporation'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
T. ROWE PRICE · Recordkeeping · Trustee$17,422

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

Recordkeeper by year2
2024T. Rowe Price
2023T. Rowe Price

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

Administrative cost history3
2024$17,455 · 0.01%
2023$23,100 · 0.02%
2022$23,295 · 0.02%
Same employer
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Curia Global, Inc. NY$285.7M · 0.10%
Moelis & Company Holdings LP NY$206.4M · 0.05%
Lvmh Inc. NY$166.1M
Fanduel Group, Inc. NY$157.7M · 0.19%
Hps Investment Partners, LLC NY$102.5M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 132646102 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.