Plan Snapshot
- Plan Sponsor: Everest Reinsurance Company
- Sponsor EIN: 222005057
- Sponsor Address: 100 EVEREST WAY, WARREN, NJ, 07059
- Plan Type: 401(k)
- Total Participants: 2,004
- Total Assets: $470.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,004 | $470.5M | $27.8M | $28.4M |
| 2023 | 2,045 | $395.1M | $23.3M | $25.2M |
| 2022 | 1,816 | $313.5M | $19.1M | $20.8M |
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 ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $169,425 | — | $169,425 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $149,374 | — | $149,374 |
| MORGAN STANLEY | INVESTMENT ADVISOR | $75,000 | — | $75,000 |
| KPMG LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY — INVESTMENT ADVISOR
- KPMG LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $393,799
- Estimated Expense Ratio: 0.084% 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 | -$28,227 | — | -$28,227 | — | — |
| 2023 | $47,055 | — | $47,055 | — | — |
| 2022 | $101,906 | — | $101,906 | — | — |