Plan Ledger DOL Form 5500 · updated monthly

Pan-American Life Insurance Company401(k)

PAN-AMERICAN LIFE INSURANCE COMPANY SAVINGS AND RETIREMENT PLAN · NEW ORLEANS, LA · plan year 2024

Reported admin expense ratio · 2024
0.19%

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

Pan-American Life Insurance Company reported $316,248 in plan administrative expenses for 2024: 0.19% of average plan assets, above the peer median. Employer contributions averaged $5,673 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 has held roughly steady near 0.190%. 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 38th-largest of 884 plans among Louisiana employers on file, and the 645th of 4,798 in finance & insurance. In 2024, employees put in $1.69 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$176,501,320
Participants with balances885
Active participants639
Employer contributions$3,625,252
Employee contributions$6,121,789
Employer contribution per active participant$5,673
Average account balance$199,437
Benefits paid to participants$13,195,037
Plan auditUnmodified (clean) audit opinion
AuditorBOURGEOIS BENNETT, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$176.5M · 885 accts · $3.6M emplr
2023$155.6M · 882 accts · $3.5M emplr
2022$129.5M · 860 accts · $3.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$316,248
Total administrative$316,248
The Pan-American Life Insurance Company 401(k) match · 2024
Employer contribution per active participant$5,673
Median for plans this size$3,635
2024$5,673 per active participant
2023$5,501 per active participant
2022$5,533 per active participant

Pan-American Life Insurance Company's 2024 employer contribution ran above the $3,635 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$316,248
ALLIANT INSURANCE SERVICES, INC. · Investment advisory (plan)indirect comp
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$316,248 · 0.19%
2023$278,343 · 0.20%
2022$278,943 · 0.19%
Same employer
Similar plansFinance & Insurance · Louisiana
Pfm Financial Advisors LLC PA$176.5M · 0.01%
Vystar Credit Union FL$175.7M · 0.08%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 720281240 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.