Employers › First American Financial
Recordkeeping fees per participant · First American Financial Corporation 401(k) Savings Plan · plan year 2024
$30.61
Higher than 43% of the 790 plans over $1B that report it.
= $505,991 / 16,531
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250828163917NAL0010486945001, received 2025-08-28
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250828163917NAL0010486945001, received 2025-08-28
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 2025-08-28.
Administrative expenses excluding investment management, per participant
$31.19
Higher than 29% of the 1,045 plans over $1B that report it.
= $515,591 / 16,531
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250828163917NAL0010486945001, received 2025-08-28
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250828163917NAL0010486945001, received 2025-08-28
Administrative expenses per participant
$85.87
Higher than 62% of the 1,076 plans over $1B that report it.
= $1,419,476 / 16,531
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250828163917NAL0010486945001, received 2025-08-28
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250828163917NAL0010486945001, received 2025-08-28
Administrative expenses as a share of assets
0.056%
Higher than 61% of the 1,076 plans over $1B that report it.
= $1,419,476 / $2,524,037,941
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250828163917NAL0010486945001, received 2025-08-28
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250828163917NAL0010486945001, received 2025-08-28
Employer contributions per participant
$3,700
Higher than 49% of the 1,135 plans over $1B that report it.
= $61,169,446 / 16,531
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250828163917NAL0010486945001, received 2025-08-28
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250828163917NAL0010486945001, received 2025-08-28
Employer share of total contributions
31.5%
Higher than 44% of the 1,135 plans over $1B that report it.
= $61,169,446 / $193,917,867
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250828163917NAL0010486945001, received 2025-08-28
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250828163917NAL0010486945001, received 2025-08-28
96.3% of this plan's assets are held in a master trust. Costs reported at the trust level and allocated by the plan's share: administrative expenses $0 ($85.87 per participant including the plan's own Schedule H). Benchmarks and percentiles use the plan's own Schedule H only.
Plan terms are described in First American Financial Corp's SEC filings: Form 11-K filed 2018-06-18 and Form 10-K filed 2026-02-18. 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 · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3H controlled-group sponsor · 2U · 2R participant brokerage window · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250828163917NAL0010486945001, received 2025-08-28
| Field | Value | Source |
|---|---|---|
| Plan sponsor | FIRST AMERICAN FINANCIAL CORPORATION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250828163917NAL0010486945001, received 2025-08-28 |
| Plan name | FIRST AMERICAN FINANCIAL CORPORATION 401(K) SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250828163917NAL0010486945001, received 2025-08-28 |
| Sponsor EIN / plan number | 26-1911571 / 003 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250828163917NAL0010486945001, received 2025-08-28 |
| Plan type | multiple-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250828163917NAL0010486945001, received 2025-08-28 |
| Sponsor location | SANTA ANA, CA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250828163917NAL0010486945001, received 2025-08-28 |
| Industry (business code) | 531190, Real estate and rental and leasing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250828163917NAL0010486945001, received 2025-08-28 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250828163917NAL0010486945001, received 2025-08-28 |
| Filing received | 2025-08-28 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250828163917NAL0010486945001, received 2025-08-28 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250828163917NAL0010486945001, received 2025-08-28 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250828163917NAL0010486945001, received 2025-08-28 |
| Participants, beginning of year | 16,960 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250828163917NAL0010486945001, received 2025-08-28 |
| Active participants | 11,831 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250828163917NAL0010486945001, received 2025-08-28 |
| Participants, end of year | 17,090 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250828163917NAL0010486945001, received 2025-08-28 |
| Participants with an account balance | 16,531 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250828163917NAL0010486945001, received 2025-08-28 |
| Total assets, beginning of year | $2,270,369,077 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250828163917NAL0010486945001, received 2025-08-28 |
| Total assets, end of year | $2,524,037,941 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250828163917NAL0010486945001, received 2025-08-28 |
| Net assets, end of year | $2,524,037,941 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250828163917NAL0010486945001, received 2025-08-28 |
| Total income | $486,128,254 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250828163917NAL0010486945001, received 2025-08-28 |
| Net income | $252,456,234 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250828163917NAL0010486945001, received 2025-08-28 |
| Employer contributions | $61,169,446 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250828163917NAL0010486945001, received 2025-08-28 |
| Participant contributions | $114,444,985 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250828163917NAL0010486945001, received 2025-08-28 |
| Other contributions (incl. rollovers) | $18,303,436 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250828163917NAL0010486945001, received 2025-08-28 |
| Total contributions | $193,917,867 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250828163917NAL0010486945001, received 2025-08-28 |
| Benefit payments | $232,166,464 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250828163917NAL0010486945001, received 2025-08-28 |
| Total expenses (incl. benefit payments) | $233,672,020 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250828163917NAL0010486945001, received 2025-08-28 |
| Total administrative expenses | $1,419,476 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250828163917NAL0010486945001, received 2025-08-28 |
| Contract administrator fees | $9,600 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250828163917NAL0010486945001, received 2025-08-28 |
| Recordkeeping fees | $505,991 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250828163917NAL0010486945001, received 2025-08-28 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250828163917NAL0010486945001, received 2025-08-28 |
| Investment advisory and management fees | $903,885 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250828163917NAL0010486945001, received 2025-08-28 |
| Administrative expenses excluding investment management | $515,591 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250828163917NAL0010486945001, received 2025-08-28 |
| Held in master trusts | $2,430,579,459 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250828163917NAL0010486945001, received 2025-08-28 |
| Held in common/collective trusts | $0 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250828163917NAL0010486945001, received 2025-08-28 |
| Held in mutual funds | $0 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250828163917NAL0010486945001, received 2025-08-28 |
| Independent auditor | BAKER TILLY US, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250828163917NAL0010486945001, received 2025-08-28 |
Position = column in the DOL layout for form year 2024. Filing 20250828163917NAL0010486945001, received 2025-08-28.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $903,885 | 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 | $517,207 | 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 20250828163917NAL0010486945001, received 2025-08-28.
FIRST AMERICAN FINCL. CO 401K MT (EIN 336775573, PN 001): plan interest $2,430,579,459, 96.7% of the trust. The trust's own filing (20250828163607NAL0018265584001, received 2025-08-28) reports net assets $2,513,110,024, administrative expenses $0, recordkeeping fees $0, investment management fees $0 and 1 Schedule C providers.
| Provider (trust level) | Service codes | Paid by the trust | Allocated to this plan |
|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | 60 | $0 | $0 |
Schedule D Part I of the plan's filing; the trust's Schedule H and Schedule C. Allocation = the plan's interest divided by the trust's net assets.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $2,270,369,077 | $2,524,037,941 | 11.2% |
| Participants with a balance | 16,418 | 16,531 | 0.7% |
| Administrative expenses | $1,459,757 | $1,419,476 | -2.8% |
| Recordkeeping fees per participant | $40.49 | $30.61 | -24.4% |
| Employer contributions | $32,221,644 | $61,169,446 | 89.8% |
Prior filing 20240701154905NAL0002975075001, received 2024-07-01; the plan years are contiguous.
Sponsor name as filed: FIRST AMERICAN FINANCIAL CORPORATION; SEC registrant: First American Financial Corp (CIK 1472787, matched by EIN).