Employers › Cincinnati Financial
Recordkeeping fees per participant · Cincinnati Financial Corporation Tax-qualified Savings Plan · plan year 2024
$38.33
Higher than 59% of the 790 plans over $1B that report it.
= $240,494 / 6,274
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250620104634NAL0002291347001, received 2025-06-20
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250620104634NAL0002291347001, received 2025-06-20
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 2025-06-20.
Administrative expenses excluding investment management, per participant
$55.39
Higher than 66% of the 1,045 plans over $1B that report it.
= $347,534 / 6,274
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250620104634NAL0002291347001, received 2025-06-20
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250620104634NAL0002291347001, received 2025-06-20
Administrative expenses per participant
$101.10
Higher than 71% of the 1,076 plans over $1B that report it.
= $634,301 / 6,274
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250620104634NAL0002291347001, received 2025-06-20
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250620104634NAL0002291347001, received 2025-06-20
Administrative expenses as a share of assets
0.049%
Higher than 53% of the 1,076 plans over $1B that report it.
= $634,301 / $1,286,419,450
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250620104634NAL0002291347001, received 2025-06-20
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250620104634NAL0002291347001, received 2025-06-20
Employer contributions per participant
$4,552
Higher than 62% of the 1,135 plans over $1B that report it.
= $28,558,484 / 6,274
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250620104634NAL0002291347001, received 2025-06-20
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250620104634NAL0002291347001, received 2025-06-20
Employer share of total contributions
31.7%
Higher than 44% of the 1,135 plans over $1B that report it.
= $28,558,484 / $90,223,077
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250620104634NAL0002291347001, received 2025-06-20
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250620104634NAL0002291347001, received 2025-06-20
Employer match
“Participants are eligible for a Company match of 100% up to the first 6% of eligible compensation on a per-pay-period basis; however, those participants who accrue benefits under the Cincinnati Financial Corporation Retirement Plan are not eligible for the Company match.”
Form 11-K filed 2026-06-17, for the year ended 2025-12-31 · plan description note, contributions · source document
Vesting
“Participants are vested immediately in their contributions plus actual earnings thereon and vested in any Company matching contribution and profit-sharing contribution attributed to them plus actual earnings thereon after three years of eligible service.”
Form 11-K filed 2026-06-17, for the year ended 2025-12-31 · plan description note, vesting · source document
Automatic enrollment
“Eligible participants are initially enrolled in the Plan at a 6% contribution rate to encourage associate savings, with an automatic increase of a participant’s contribution rate by 1% each year to a maximum 10%, for these automatically enrolled participants.”
Form 11-K filed 2026-06-17, for the year ended 2025-12-31 · plan description note, contributions · source document
Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2O ESOP-related feature · 2R participant brokerage window · 2S pre-approved plan document · 2T default investment (QDIA) · 3F · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250620104634NAL0002291347001, received 2025-06-20
| Field | Value | Source |
|---|---|---|
| Plan sponsor | CINCINNATI FINANCIAL CORPORATION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250620104634NAL0002291347001, received 2025-06-20 |
| Plan name | CINCINNATI FINANCIAL CORPORATION TAX-QUALIFIED SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250620104634NAL0002291347001, received 2025-06-20 |
| Sponsor EIN / plan number | 31-0746871 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250620104634NAL0002291347001, received 2025-06-20 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250620104634NAL0002291347001, received 2025-06-20 |
| Sponsor location | FAIRFIELD, OH | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250620104634NAL0002291347001, received 2025-06-20 |
| Industry (business code) | 524150, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250620104634NAL0002291347001, received 2025-06-20 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250620104634NAL0002291347001, received 2025-06-20 |
| Filing received | 2025-06-20 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250620104634NAL0002291347001, received 2025-06-20 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250620104634NAL0002291347001, received 2025-06-20 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250620104634NAL0002291347001, received 2025-06-20 |
| Participants, beginning of year | 6,242 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250620104634NAL0002291347001, received 2025-06-20 |
| Active participants | 5,564 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250620104634NAL0002291347001, received 2025-06-20 |
| Participants, end of year | 6,394 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250620104634NAL0002291347001, received 2025-06-20 |
| Participants with an account balance | 6,274 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250620104634NAL0002291347001, received 2025-06-20 |
| Total assets, beginning of year | $1,092,493,308 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250620104634NAL0002291347001, received 2025-06-20 |
| Total assets, end of year | $1,286,419,450 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250620104634NAL0002291347001, received 2025-06-20 |
| Net assets, end of year | $1,286,419,450 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250620104634NAL0002291347001, received 2025-06-20 |
| Total income | $264,634,309 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250620104634NAL0002291347001, received 2025-06-20 |
| Net income | $193,926,142 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250620104634NAL0002291347001, received 2025-06-20 |
| Employer contributions | $28,558,484 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250620104634NAL0002291347001, received 2025-06-20 |
| Participant contributions | $53,988,646 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250620104634NAL0002291347001, received 2025-06-20 |
| Other contributions (incl. rollovers) | $7,675,947 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250620104634NAL0002291347001, received 2025-06-20 |
| Total contributions | $90,223,077 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250620104634NAL0002291347001, received 2025-06-20 |
| Benefit payments | $70,030,587 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250620104634NAL0002291347001, received 2025-06-20 |
| Total expenses (incl. benefit payments) | $70,708,167 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250620104634NAL0002291347001, received 2025-06-20 |
| Total administrative expenses | $634,301 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250620104634NAL0002291347001, received 2025-06-20 |
| Contract administrator fees | $9,000 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250620104634NAL0002291347001, received 2025-06-20 |
| Recordkeeping fees | $240,494 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250620104634NAL0002291347001, received 2025-06-20 |
| IQPA audit fees | $53,000 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250620104634NAL0002291347001, received 2025-06-20 |
| Investment advisory and management fees | $286,767 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250620104634NAL0002291347001, received 2025-06-20 |
| Administrative expenses excluding investment management | $347,534 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250620104634NAL0002291347001, received 2025-06-20 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250620104634NAL0002291347001, received 2025-06-20 |
| Held in common/collective trusts | $0 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250620104634NAL0002291347001, received 2025-06-20 |
| Held in mutual funds | $1,151,108,902 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250620104634NAL0002291347001, received 2025-06-20 |
| Independent auditor | DELOITTE AND TOUCHE LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250620104634NAL0002291347001, received 2025-06-20 |
Position = column in the DOL layout for form year 2024. Filing 20250620104634NAL0002291347001, received 2025-06-20.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 25 Trustee (directed); 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $311,459 | yes |
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $286,767 | no |
| DELOITTE & TOUCHE LLP | AUDITOR | 10 Accounting (including auditing) | $53,000 | no |
| KEATING MUETHING & KLEKAMP PLL | ATTORNEY/LEGAL | 16 Consulting (general); 29 Legal | $10,045 | 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 20250620104634NAL0002291347001, received 2025-06-20.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $1,092,493,308 | $1,286,419,450 | 17.8% |
| Participants with a balance | 6,138 | 6,274 | 2.2% |
| Administrative expenses | $687,746 | $634,301 | -7.8% |
| Recordkeeping fees per participant | $35.97 | $38.33 | 6.6% |
| Employer contributions | $26,334,611 | $28,558,484 | 8.4% |
Prior filing 20240618154936NAL0002457793001, received 2024-06-18; the plan years are contiguous.
Sponsor name as filed: CINCINNATI FINANCIAL CORPORATION; SEC registrant: CINCINNATI FINANCIAL CORP (CIK 20286, matched by EIN; display name from the Form 11-K cover).