Plan Ledger DOL Form 5500 · updated monthly

W.R. Berkley Corporation401(k)

W.R. BERKLEY CORPORATION PROFIT SHARING PLAN · GREENWICH, CT · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

W.R. Berkley Corporation reported $349,834 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $10,876 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 0.03% to 0.02%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other management of companies employers. By assets it is the 16th-largest of 1,106 plans among Connecticut employers on file, and the 25th of 786 in management of companies. In 2024, the employer put in $1.05 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$2,293,288,872
Participants with balances9,048
Active participants6,382
Employer contributions$69,413,189
Employee contributions$66,281,216
Employer contribution per active participant$10,876
Average account balance$253,458
Benefits paid to participants$158,542,081
Plan auditUnmodified (clean) audit opinion
AuditorKPMG LLP
Plan history3
Yearassets · accounts · employer contribution
2024$2.3B · 9,048 accts · $69.4M emplr
2023$1.9B · 8,712 accts · $69.8M emplr
2022$1.6B · 8,578 accts · $61.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$211,029
Audit (IQPA)$84,805
Total administrative$349,834
The W.R. Berkley Corporation 401(k) match · 2024
Employer contribution per active participant$10,876
Median for plans this size$5,259
2024$10,876 per active participant
2023$11,434 per active participant
2022$10,428 per active participant

W.R. Berkley Corporation's 2024 employer contribution ran above the $5,259 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$211,029
CAPFINANCIAL PARTNERS, LLC. · Investment advisory (plan)$54,000
KPMG LLP · Accounting / auditindirect 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$349,834 · 0.02%
2023$379,656 · 0.02%
2022$474,298 · 0.03%
Same employer
Similar plansManagement of Companies · Connecticut
Assurant, Inc. GA$2.4B · 0.04%
Pearson Education Inc NJ$2.4B · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 221867895 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.