Plan Ledger DOL Form 5500 · updated monthly

Mapfre U.S.A. Corp.401(k)

MAPFRE U.S.A. CORP. PROFIT SHARING & 401(K) SAVINGS PLAN · WEBSTER, MA · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Mapfre U.S.A. Corp. reported $178,253 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,730 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 rose from 0.01% to 0.04%. 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 113th-largest of 2,726 plans among Massachusetts employers on file, and the 298th of 4,798 in finance & insurance. In 2024, employees put in $1.52 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$517,491,010
Participants with balances3,123
Active participants1,982
Employer contributions$9,374,356
Employee contributions$14,249,956
Employer contribution per active participant$4,730
Average account balance$165,703
Benefits paid to participants$49,728,128
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$517.5M · 3,123 accts · $9.4M emplr
2023$472.1M · 3,196 accts · $9.2M emplr
2022$408.1M · 3,245 accts · $9.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,635
Investment management$118,868
Total administrative$178,253
The Mapfre U.S.A. Corp. 401(k) match · 2024
Employer contribution per active participant$4,730
Median for plans this size$4,294
2024$4,730 per active participant
2023$4,483 per active participant
2022$4,293 per active participant

Mapfre U.S.A. Corp.'s 2024 employer contribution ran above 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 · 20244
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$118,868
FIDUCIENT ADVISORS · Investment advisory (plan)$48,750
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$11,361

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$178,253 · 0.04%
2023$102,076 · 0.02%
2022$67,009 · 0.01%
Similar plansFinance & Insurance · Massachusetts
Bain Capital, LP MA$389.8M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042599931 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.