Plan Ledger DOL Form 5500 · updated monthly

Zurich American Insurance Company401(k)

ZURICH SAVINGS PLAN · SCHAUMBURG, IL · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Zurich American Insurance Company reported $755,579 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $11,522 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 finance & insurance employers. By assets it is the 27th-largest of 3,702 plans among Illinois employers on file, and the 57th of 4,798 in finance & insurance. In 2024, the employer put in $1.05 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$3,686,044,787
Participants with balances14,357
Active participants9,738
Employer contributions$112,199,105
Employee contributions$106,703,566
Employer contribution per active participant$11,522
Average account balance$256,742
Benefits paid to participants$317,077,775
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.7B · 14,357 accts · $112.2M emplr
2023$3.4B · 14,047 accts · $108.3M emplr
2022$2.9B · 14,165 accts · $101.5M emplr
The Zurich American Insurance Company 401(k) match · 2024
Employer contribution per active participant$11,522
Median for plans this size$5,259
2024$11,522 per active participant
2023$11,643 per active participant
2022$10,857 per active participant

Zurich American Insurance Company'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
THE VANGUARD GROUP, INC. · Recordkeeping · Trustee (directed)$624,256
VANGUARD ADVISERS INC. · Investment advisory (participants)$170,002

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Vanguard
2023Vanguard

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$755,579 · 0.02%
2023$709,700 · 0.02%
2022$1,063,163 · 0.03%
Same employer
Similar plansFinance & Insurance · Illinois
Bmo Financial Corp. IL$5.0B · 0.02%
Aon Consulting, Inc. IL$3.1B · 0.32%
Hub International Limited IL$1.6B · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364233459 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.