THE TRAVELERS 401(K) SAVINGS PLAN · ST. PAUL, MN · plan year 2024
Reported admin expense ratio · 2024
0.04%
Peer grade: B· admin costs + employer contributions vs same-size plans · how grading works
Travelers Companies, Inc. reported $3,725,973 in plan administrative expenses for 2024: 0.04% of average plan assets, below the peer median. Employer contributions averaged $4,857 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 0.05% to 0.04%. 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 7th-largest of 1,918 plans among Minnesota employers on file, and the 17th of 4,798 in finance & insurance. In 2024, employees put in $2.26 for every $1.00 the employer contributed.
Plan summary
Net assets, end of year$10,381,903,699
Participants with balances41,646
Active participants30,785
Employer contributions$149,533,994
Employee contributions$337,848,903
Employer contribution per active participant$4,857
Average account balance$249,289
Benefits paid to participants$784,841,791
Plan auditUnmodified (clean) audit opinion
AuditorKPMG, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$10.4B · 41,646 accts · $149.5M emplr
2023$9.2B · 41,483 accts · $145.8M emplr
2022$8.0B · 40,622 accts · $130.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$876,641
Investment management$202,210
Trustee / custodial$10,000
Total administrative$3,725,973
The Travelers Companies, Inc. 401(k) match · 2024
Employer contribution per active participant$4,857
Median for plans this size$5,259
2024$4,857 per active participant
2023$4,823 per active participant
2022$4,395 per active participant
Travelers Companies, Inc.'s 2024 employer contribution ran below 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.
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.
Source: U.S. Department of Labor, Form 5500 series, EIN 410518860 ·
Verify on EFAST2 ·
Amounts are as reported by the plan sponsor for the plan year shown.