Plan Snapshot
- Plan Sponsor: First American Financial Corporation
- Sponsor EIN: 261911571
- Sponsor Address: 1 FIRST AMERICAN WAY, SANTA ANA, CA, 92707
- Plan Type: 401(k)
- Plan Number: 003
- Total Participants: 17,155
- Total Assets: $2.9B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 17,155 | $2.9B | $0 | $0 |
| 2024 | 11,831 | $2.5B | $61.2M | $114.4M |
| 2023 | 11,525 | $2.3B | $32.2M | $106.2M |
| 2022 | 12,749 | $1.9B | $37.9M | $122.8M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | Investment Advisor | $959,323 | — | $959,323 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $511,295 | — | $511,295 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,470,618
- Estimated Expense Ratio: 0.052% 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 |
|---|---|---|---|---|---|
| 2025 | $267,383,751 | $959,323 | $4,500 | — | — |
| 2024 | $1,419,476 | $903,885 | $9,600 | — | — |
| 2023 | $1,459,757 | $787,773 | — | — | — |
| 2022 | $1,462,554 | $809,347 | — | — | — |