Employers › Commerce Group
Recordkeeping fees per participant · Mapfre U.S.A. Corp. Profit Sharing & 401(k) Savings Plan · plan year 2024
$3.31
Higher than 4% of the 1,697 plans $250M to 1B that report it.
= $10,335 / 3,123
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250930101208NAL0019223586001, received 2025-09-30
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250930101208NAL0019223586001, received 2025-09-30
Percentiles compare this plan with the Schedule H plans $250M to 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 2025-09-30.
Administrative expenses excluding investment management, per participant
$19.02
Higher than 10% of the 2,324 plans $250M to 1B that report it.
= $59,385 / 3,123
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250930101208NAL0019223586001, received 2025-09-30
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250930101208NAL0019223586001, received 2025-09-30
Administrative expenses per participant
$57.08
Higher than 26% of the 2,405 plans $250M to 1B that report it.
= $178,253 / 3,123
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250930101208NAL0019223586001, received 2025-09-30
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250930101208NAL0019223586001, received 2025-09-30
Administrative expenses as a share of assets
0.034%
Higher than 21% of the 2,407 plans $250M to 1B that report it.
= $178,253 / $517,491,010
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250930101208NAL0019223586001, received 2025-09-30
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250930101208NAL0019223586001, received 2025-09-30
Employer contributions per participant
$3,002
Higher than 48% of the 2,457 plans $250M to 1B that report it.
= $9,374,356 / 3,123
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250930101208NAL0019223586001, received 2025-09-30
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250930101208NAL0019223586001, received 2025-09-30
Employer share of total contributions
34.8%
Higher than 62% of the 2,459 plans $250M to 1B that report it.
= $9,374,356 / $26,966,068
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250930101208NAL0019223586001, received 2025-09-30
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250930101208NAL0019223586001, received 2025-09-30
Plan terms are described in Commerce Group Inc's SEC filings: Form 11-K filed 2001-06-28 and Form 10-K filed 2008-02-29. No term could be quoted from them with the required precision.
2G fully participant-directed · 2J 401(k) feature · 2S pre-approved plan document · 2T default investment (QDIA) · 3H controlled-group sponsor · 2E profit-sharing · 3D IRS pre-approved plan · 2R participant brokerage window · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250930101208NAL0019223586001, received 2025-09-30
| Field | Value | Source |
|---|---|---|
| Plan sponsor | MAPFRE U.S.A. CORP. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250930101208NAL0019223586001, received 2025-09-30 |
| Plan name | MAPFRE U.S.A. CORP. PROFIT SHARING & 401(K) SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250930101208NAL0019223586001, received 2025-09-30 |
| Sponsor EIN / plan number | 04-2599931 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250930101208NAL0019223586001, received 2025-09-30 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250930101208NAL0019223586001, received 2025-09-30 |
| Sponsor location | WEBSTER, MA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250930101208NAL0019223586001, received 2025-09-30 |
| Industry (business code) | 524150, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250930101208NAL0019223586001, received 2025-09-30 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250930101208NAL0019223586001, received 2025-09-30 |
| Filing received | 2025-09-30 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250930101208NAL0019223586001, received 2025-09-30 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250930101208NAL0019223586001, received 2025-09-30 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250930101208NAL0019223586001, received 2025-09-30 |
| Participants, beginning of year | 3,230 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250930101208NAL0019223586001, received 2025-09-30 |
| Active participants | 1,982 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250930101208NAL0019223586001, received 2025-09-30 |
| Participants, end of year | 3,146 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250930101208NAL0019223586001, received 2025-09-30 |
| Participants with an account balance | 3,123 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250930101208NAL0019223586001, received 2025-09-30 |
| Total assets, beginning of year | $472,091,708 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250930101208NAL0019223586001, received 2025-09-30 |
| Total assets, end of year | $517,491,010 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250930101208NAL0019223586001, received 2025-09-30 |
| Net assets, end of year | $517,491,010 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250930101208NAL0019223586001, received 2025-09-30 |
| Total income | $95,316,471 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250930101208NAL0019223586001, received 2025-09-30 |
| Net income | $45,399,302 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250930101208NAL0019223586001, received 2025-09-30 |
| Employer contributions | $9,374,356 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250930101208NAL0019223586001, received 2025-09-30 |
| Participant contributions | $14,249,956 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250930101208NAL0019223586001, received 2025-09-30 |
| Other contributions (incl. rollovers) | $3,341,756 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250930101208NAL0019223586001, received 2025-09-30 |
| Total contributions | $26,966,068 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250930101208NAL0019223586001, received 2025-09-30 |
| Benefit payments | $49,728,128 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250930101208NAL0019223586001, received 2025-09-30 |
| Total expenses (incl. benefit payments) | $49,917,169 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250930101208NAL0019223586001, received 2025-09-30 |
| Total administrative expenses | $178,253 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250930101208NAL0019223586001, received 2025-09-30 |
| Contract administrator fees | $300 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250930101208NAL0019223586001, received 2025-09-30 |
| Recordkeeping fees | $10,335 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250930101208NAL0019223586001, received 2025-09-30 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250930101208NAL0019223586001, received 2025-09-30 |
| Investment advisory and management fees | $118,868 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250930101208NAL0019223586001, received 2025-09-30 |
| Administrative expenses excluding investment management | $59,385 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250930101208NAL0019223586001, received 2025-09-30 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250930101208NAL0019223586001, received 2025-09-30 |
| Held in common/collective trusts | $12,772,803 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250930101208NAL0019223586001, received 2025-09-30 |
| Held in mutual funds | $476,714,042 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250930101208NAL0019223586001, received 2025-09-30 |
| Independent auditor | GRAY, GRAY & GRAY LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250930101208NAL0019223586001, received 2025-09-30 |
Position = column in the DOL layout for form year 2024. Filing 20250930101208NAL0019223586001, received 2025-09-30.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $118,868 | no |
| FIDUCIENT ADVISORS | INVESTMENT ADVISOR | 27 Investment advisory (plan) | $48,750 | no |
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees; 71 Securities brokerage commissions and fees | $11,361 | yes |
| FIDELITY HEALTH INSURANCE SERVICES | CONTRACT ADMIN | 55 Other commissions | $0 | yes |
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 20250930101208NAL0019223586001, received 2025-09-30.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $472,091,708 | $517,491,010 | 9.6% |
| Participants with a balance | 3,196 | 3,123 | -2.3% |
| Administrative expenses | $102,076 | $178,253 | 74.6% |
| Recordkeeping fees per participant | $4.59 | $3.31 | -27.9% |
| Employer contributions | $9,159,033 | $9,374,356 | 2.4% |
Prior filing 20241007150459NAL0007705907001, received 2024-10-07; the plan years are contiguous.
Sponsor name as filed: MAPFRE U.S.A. CORP.; SEC registrant: COMMERCE GROUP INC /MA (CIK 811612, matched by EIN).