Employers › American Financial Group
Recordkeeping fees per participant · American Financial Group 401(k) Retirement and Savings Plan · plan year 2024
$46.83
Higher than 79% of the 790 plans over $1B that report it.
= $476,573 / 10,176
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251013080926NAL0000365971001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013080926NAL0000365971001, received 2025-10-13
Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-13.
Administrative expenses excluding investment management, per participant
$64.12
Higher than 76% of the 1,045 plans over $1B that report it.
= $652,523 / 10,176
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251013080926NAL0000365971001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013080926NAL0000365971001, received 2025-10-13
Administrative expenses per participant
$64.12
Higher than 46% of the 1,076 plans over $1B that report it.
= $652,523 / 10,176
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013080926NAL0000365971001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013080926NAL0000365971001, received 2025-10-13
Administrative expenses as a share of assets
0.028%
Higher than 28% of the 1,076 plans over $1B that report it.
= $652,523 / $2,317,806,333
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013080926NAL0000365971001, received 2025-10-13
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251013080926NAL0000365971001, received 2025-10-13
Employer contributions per participant
$5,880
Higher than 75% of the 1,135 plans over $1B that report it.
= $59,835,917 / 10,176
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013080926NAL0000365971001, received 2025-10-13
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013080926NAL0000365971001, received 2025-10-13
Employer share of total contributions
39.3%
Higher than 72% of the 1,135 plans over $1B that report it.
= $59,835,917 / $152,317,991
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013080926NAL0000365971001, received 2025-10-13
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251013080926NAL0000365971001, received 2025-10-13
Plan terms are described in American Financial Group, Inc.'s SEC filings: Form 10-K filed 2026-02-25. No term could be quoted from them with the required precision.
2E profit-sharing · 2F ERISA 404(c) plan · 2H partially participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 3H controlled-group sponsor · 2S pre-approved plan document · 2T default investment (QDIA) · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251013080926NAL0000365971001, received 2025-10-13
| Field | Value | Source |
|---|---|---|
| Plan sponsor | AMERICAN FINANCIAL GROUP, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251013080926NAL0000365971001, received 2025-10-13 |
| Plan name | AMERICAN FINANCIAL GROUP 401K RETIREMENT AND SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251013080926NAL0000365971001, received 2025-10-13 |
| Sponsor EIN / plan number | 31-1544320 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251013080926NAL0000365971001, received 2025-10-13 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251013080926NAL0000365971001, received 2025-10-13 |
| Sponsor location | CINCINNATI, OH | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251013080926NAL0000365971001, received 2025-10-13 |
| Industry (business code) | 551112, Management of companies and enterprises | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251013080926NAL0000365971001, received 2025-10-13 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251013080926NAL0000365971001, received 2025-10-13 |
| Filing received | 2025-10-13 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251013080926NAL0000365971001, received 2025-10-13 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251013080926NAL0000365971001, received 2025-10-13 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251013080926NAL0000365971001, received 2025-10-13 |
| Participants, beginning of year | 10,439 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251013080926NAL0000365971001, received 2025-10-13 |
| Active participants | 7,790 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251013080926NAL0000365971001, received 2025-10-13 |
| Participants, end of year | 10,455 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251013080926NAL0000365971001, received 2025-10-13 |
| Participants with an account balance | 10,176 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251013080926NAL0000365971001, received 2025-10-13 |
| Total assets, beginning of year | $2,067,348,792 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251013080926NAL0000365971001, received 2025-10-13 |
| Total assets, end of year | $2,317,806,333 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251013080926NAL0000365971001, received 2025-10-13 |
| Net assets, end of year | $2,317,806,333 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251013080926NAL0000365971001, received 2025-10-13 |
| Total income | $459,187,610 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251013080926NAL0000365971001, received 2025-10-13 |
| Net income | $250,457,541 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251013080926NAL0000365971001, received 2025-10-13 |
| Employer contributions | $59,835,917 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251013080926NAL0000365971001, received 2025-10-13 |
| Participant contributions | $79,480,884 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251013080926NAL0000365971001, received 2025-10-13 |
| Other contributions (incl. rollovers) | $13,001,190 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251013080926NAL0000365971001, received 2025-10-13 |
| Total contributions | $152,317,991 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251013080926NAL0000365971001, received 2025-10-13 |
| Benefit payments | $208,058,249 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251013080926NAL0000365971001, received 2025-10-13 |
| Total expenses (incl. benefit payments) | $208,730,069 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251013080926NAL0000365971001, received 2025-10-13 |
| Total administrative expenses | $652,523 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251013080926NAL0000365971001, received 2025-10-13 |
| Recordkeeping fees | $476,573 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251013080926NAL0000365971001, received 2025-10-13 |
| IQPA audit fees | $19,700 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251013080926NAL0000365971001, received 2025-10-13 |
| Administrative expenses excluding investment management | $652,523 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251013080926NAL0000365971001, received 2025-10-13 |
| Held in common/collective trusts | $1,200,810,739 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251013080926NAL0000365971001, received 2025-10-13 |
| Held in mutual funds | $715,273,717 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251013080926NAL0000365971001, received 2025-10-13 |
| Independent auditor | CLARK, SCHAEFER, HACKETT & CO | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251013080926NAL0000365971001, received 2025-10-13 |
Position = column in the DOL layout for form year 2024. Filing 20251013080926NAL0000365971001, received 2025-10-13.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER & SMIrecordkeeper | RECORDKEEPER | 15 Recordkeeping and information management; 59 Shareholder servicing fees; 60 Sub-transfer agency fees; 62 Float revenue; 71 Securities brokerage commissions and fees; 72 Other investment fees and expenses | $476,573 | yes |
| UBS FINANCIAL SERVICES INC | CONSULTANT | 50 Direct payment from the plan; 70 Consulting fees | $156,250 | no |
| CLARK SCHAEFER HACKET | ACCOUNTANT | 10 Accounting (including auditing); 50 Direct payment from the plan | $19,700 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251013080926NAL0000365971001, received 2025-10-13.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $2,067,348,792 | $2,317,806,333 | 12.1% |
| Participants with a balance | 10,157 | 10,176 | 0.2% |
| Administrative expenses | $616,510 | $652,523 | 5.8% |
| Recordkeeping fees per participant | $45.32 | $46.83 | 3.3% |
| Employer contributions | $53,478,781 | $59,835,917 | 11.9% |
Prior filing 20241011113312NAL0021768305001, received 2024-10-11; the plan years are contiguous.
Sponsor name as filed: AMERICAN FINANCIAL GROUP, INC.; SEC registrant: AMERICAN FINANCIAL GROUP INC (CIK 1042046, matched by EIN).