Plan Snapshot
- Plan Sponsor: Liberty Mutual Group INC.
- Sponsor EIN: 043583679
- Sponsor Address: 175 BERKELEY STREET, BOSTON, MA, 02116
- Plan Type: DB
- Total Participants: 31,788
- Total Assets: $6.3B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 31,788 | $6.3B | $0 | $0 |
| 2023 | 34,910 | $6.9B | $136.0M | $0 |
| 2022 | 37,154 | $6.8B | $0 | $0 |
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 |
|---|---|---|---|---|
| FID INV INST OPS CO | NONE | $6,925,650 | — | $6,925,650 |
| GOLDMAN SACHS ASSET MANAGEMENT | NONE | $6,173,483 | — | $6,173,483 |
| BLACKROCK INST TRUST COMPANY, N.A. | NONE | $1,099,082 | — | $1,099,082 |
| AON CONSULTING | NONE | $1,038,250 | — | $1,038,250 |
| THE BANK OF NEW YORK MELLON | NONE | $589,012 | — | $589,012 |
| DELOITTE TAX LLP | NONE | $329,529 | — | $329,529 |
| DANIEL DENNIS CO. | NONE | $80,000 | — | $80,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FID INV INST OPS CO — NONE
- GOLDMAN SACHS ASSET MANAGEMENT — NONE
- AON CONSULTING — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $16,235,006
- Estimated Expense Ratio: 0.260% 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 | $25,875,539 | $6,759,162 | — | — | — |
| 2023 | $21,723,428 | $4,695,048 | — | $3,000 | — |
| 2022 | $20,086,727 | $8,591,290 | — | — | $135,996 |