Plan Snapshot
- Plan Sponsor: The Cigna Group
- Sponsor EIN: 824991898
- Sponsor Address: 1601 CHESTNUT STREET TL05T, PHILADELPHIA, PA, 19192
- Plan Type: 401(k)
- Total Participants: 66,532
- Total Assets: $14.2B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 66,532 | $14.2B | $298.5M | $556.3M |
| 2023 | 63,634 | $13.0B | $292.5M | $540.7M |
| 2022 | 66,760 | $11.5B | $269.8M | $491.6M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| EMPOWER ANN INS CO OF AMERICA | RECORDKEEPER | $2,296,696 | — | $2,296,696 |
| PRICEWATERHOUSECOOPERS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PRICEWATERHOUSECOOPERS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,296,696
- Estimated Expense Ratio: 0.016% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $2,203,117 | — | — | — | — |
| 2023 | $2,764,748 | — | — | — | — |
| 2022 | $2,699,136 | — | — | — | — |