Plan Ledger DOL Form 5500 · updated monthly

Munich American Reassurance Company401(k)

EMPLOYEE SAVINGS AND DEFERRED INCOME PLAN OF MUNICH AMERICAN REASSURANCE COMPANY · ATLANTA, GA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Munich American Reassurance Company reported $95,620 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $9,702 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 0.16% to 0.11%. 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 292nd-largest of 2,160 plans among Georgia employers on file, and the 1,057th of 4,798 in finance & insurance. In 2024, employees put in $1.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$93,776,174
Participants with balances444
Active participants298
Employer contributions$2,891,091
Employee contributions$5,391,354
Employer contribution per active participant$9,702
Average account balance$211,208
Benefits paid to participants$6,440,985
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$93.8M · 444 accts · $2.9M emplr
2023$77.8M · 421 accts · $2.4M emplr
2022$67.9M · 421 accts · $2.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$57,528
Investment management$20,492
Audit (IQPA)$17,600
Total administrative$95,620
The Munich American Reassurance Company 401(k) match · 2024
Employer contribution per active participant$9,702
Median for plans this size$3,635
2024$9,702 per active participant
2023$8,298 per active participant
2022$7,507 per active participant

Munich American Reassurance Company'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 · 20243
INVESTMENT RESEARCH & ADVISORY GROU · Investment advisory (plan)$20,492
CARR RIGGS & INGRAM LLC · Accounting / audit$17,600

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$95,620 · 0.11%
2023$107,759 · 0.15%
2022$120,478 · 0.16%
Similar plansFinance & Insurance · Georgia
Cor Partners, Inc. GA$134.0M · 0.21%
McLarens, LLC GA$99.1M · 0.13%
Examworks, LLC GA$89.9M · 0.20%
Georgia's Own Credit Union GA$87.9M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 580828824 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.