Employers › Farmers Group
Recordkeeping fees per participant · Farmers Group, Inc. 401(k) Savings Plan · plan year 2024
$35.97
Higher than 53% of the 790 plans over $1B that report it.
= $1,019,124 / 28,334
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250917144501NAL0000605169001, received 2025-09-17
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250917144501NAL0000605169001, received 2025-09-17
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 2025-09-17.
Administrative expenses excluding investment management, per participant
$48.16
Higher than 56% of the 1,045 plans over $1B that report it.
= $1,364,624 / 28,334
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250917144501NAL0000605169001, received 2025-09-17
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250917144501NAL0000605169001, received 2025-09-17
Administrative expenses per participant
$177.98
Higher than 90% of the 1,076 plans over $1B that report it.
= $5,042,816 / 28,334
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250917144501NAL0000605169001, received 2025-09-17
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250917144501NAL0000605169001, received 2025-09-17
Administrative expenses as a share of assets
0.101%
Higher than 87% of the 1,076 plans over $1B that report it.
= $5,042,816 / $4,990,013,609
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250917144501NAL0000605169001, received 2025-09-17
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250917144501NAL0000605169001, received 2025-09-17
Employer contributions per participant
$5,200
Higher than 70% of the 1,135 plans over $1B that report it.
= $147,332,531 / 28,334
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250917144501NAL0000605169001, received 2025-09-17
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250917144501NAL0000605169001, received 2025-09-17
Employer share of total contributions
45.9%
Higher than 87% of the 1,135 plans over $1B that report it.
= $147,332,531 / $321,286,976
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250917144501NAL0000605169001, received 2025-09-17
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250917144501NAL0000605169001, received 2025-09-17
Plan terms are described in Farmers Group, Inc.'s SEC filings: Form 10-K filed 2003-03-26. No term could be quoted from them with the required precision.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2S pre-approved plan document · 2R participant brokerage window · 2T default investment (QDIA) · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250917144501NAL0000605169001, received 2025-09-17
| Field | Value | Source |
|---|---|---|
| Plan sponsor | FARMERS GROUP, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250917144501NAL0000605169001, received 2025-09-17 |
| Plan name | FARMERS GROUP, INC. 401(K) SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250917144501NAL0000605169001, received 2025-09-17 |
| Sponsor EIN / plan number | 95-0725935 / 002 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250917144501NAL0000605169001, received 2025-09-17 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250917144501NAL0000605169001, received 2025-09-17 |
| Sponsor location | WOODLAND HILLS, CA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250917144501NAL0000605169001, received 2025-09-17 |
| Industry (business code) | 524290, Finance and insurance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250917144501NAL0000605169001, received 2025-09-17 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250917144501NAL0000605169001, received 2025-09-17 |
| Filing received | 2025-09-17 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250917144501NAL0000605169001, received 2025-09-17 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250917144501NAL0000605169001, received 2025-09-17 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250917144501NAL0000605169001, received 2025-09-17 |
| Participants, beginning of year | 30,557 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250917144501NAL0000605169001, received 2025-09-17 |
| Active participants | 17,891 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250917144501NAL0000605169001, received 2025-09-17 |
| Participants, end of year | 28,962 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250917144501NAL0000605169001, received 2025-09-17 |
| Participants with an account balance | 28,334 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250917144501NAL0000605169001, received 2025-09-17 |
| Total assets, beginning of year | $4,622,827,533 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250917144501NAL0000605169001, received 2025-09-17 |
| Total assets, end of year | $4,990,013,609 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250917144501NAL0000605169001, received 2025-09-17 |
| Net assets, end of year | $4,892,941,383 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250917144501NAL0000605169001, received 2025-09-17 |
| Total income | $821,508,679 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250917144501NAL0000605169001, received 2025-09-17 |
| Net income | $340,387,777 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250917144501NAL0000605169001, received 2025-09-17 |
| Employer contributions | $147,332,531 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250917144501NAL0000605169001, received 2025-09-17 |
| Participant contributions | $173,954,445 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250917144501NAL0000605169001, received 2025-09-17 |
| Other contributions (incl. rollovers) | $0 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250917144501NAL0000605169001, received 2025-09-17 |
| Total contributions | $321,286,976 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250917144501NAL0000605169001, received 2025-09-17 |
| Benefit payments | $468,738,812 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250917144501NAL0000605169001, received 2025-09-17 |
| Total expenses (incl. benefit payments) | $481,120,902 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250917144501NAL0000605169001, received 2025-09-17 |
| Total administrative expenses | $5,042,816 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250917144501NAL0000605169001, received 2025-09-17 |
| Recordkeeping fees | $1,019,124 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250917144501NAL0000605169001, received 2025-09-17 |
| IQPA audit fees | $100,425 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250917144501NAL0000605169001, received 2025-09-17 |
| Investment advisory and management fees | $3,678,192 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250917144501NAL0000605169001, received 2025-09-17 |
| Administrative expenses excluding investment management | $1,364,624 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250917144501NAL0000605169001, received 2025-09-17 |
| Held in common/collective trusts | $3,558,758,004 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250917144501NAL0000605169001, received 2025-09-17 |
| Held in mutual funds | $275,505,025 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250917144501NAL0000605169001, received 2025-09-17 |
| Independent auditor | ERNST & YOUNG | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250917144501NAL0000605169001, received 2025-09-17 |
Position = column in the DOL layout for form year 2024. Filing 20250917144501NAL0000605169001, received 2025-09-17.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| WELLINGTON | ASSET MANAGER | 28 Investment management | $1,248,337 | yes |
| THE VANGUARD GROUPrecordkeeper | TRUSTEE | 15 Recordkeeping and information management; 16 Consulting (general); 28 Investment management; 33 Securities brokerage; 37 Participant loan processing; 38 Participant communication; 65 Account maintenance fees | $1,208,522 | yes |
| AMERICAN CENTURY | ASSET MANAGER | 28 Investment management | $941,601 | no |
| MONDRIAN | ASSET MANAGER | 28 Investment management | $809,510 | yes |
| MELLON BANK OF NEW YORK | CUSTODIAN | 19 Custodial (securities) | $646,952 | no |
| GOLDMAN SACHS | ASSET MANAGER | 28 Investment management | $378,756 | no |
| PIMCO | ASSET MANAGER | 28 Investment management | $288,141 | no |
| VANGUARD ADVISERS INC. | TRUSTEE | 26 Investment advisory (participants) | $146,440 | no |
| ERNST & YOUNG US LLP | AUDITOR | 10 Accounting (including auditing) | $100,425 | no |
| BLACKROCK | ASSET MANAGER | 21 Trustee (bank, trust company or similar); 24 Trustee (discretionary); 28 Investment management; 50 Direct payment from the plan; 51 Investment management fees paid directly by plan | $97,649 | yes |
| TOWERS WATSON INVESTMENT SERVICES, | CONSULTING (GENERAL) | 16 Consulting (general) | $46,176 | no |
| CHARLES SCHWAB | SELF-DIRECTED BROKERAGE | 99 Other fees | $16,135 | yes |
| GIBSON, DUNN & CRUTCHER LLP | LEGAL | 29 Legal | $12,708 | 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 20250917144501NAL0000605169001, received 2025-09-17.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $4,622,827,533 | $4,990,013,609 | 7.9% |
| Participants with a balance | 29,966 | 28,334 | -5.4% |
| Administrative expenses | $4,852,885 | $5,042,816 | 3.9% |
| Recordkeeping fees per participant | not reported | $35.97 | |
| Employer contributions | $168,135,207 | $147,332,531 | -12.4% |
Prior filing 20241004174112NAL0006930211001, received 2024-10-04; the plan years are contiguous.
Sponsor name as filed: FARMERS GROUP, INC.; SEC registrant: FARMERS GROUP INC (CIK 34587, matched by EIN).