# Markel Group INC. 401(k) Plan
Source: https://planprovider.pro/companies/markel-group-inc-401k-plan

> Markel Group INC.'s 401(k) plan: 3,711 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Markel Group INC.

- **Sponsor EIN:** 541959284

- **Sponsor Address:** ATTN HUMAN RESOURCES, GLEN ALLEN, VA, 23060

- **Plan Type:** 401(k)

- **Total Participants:** 3,711

- **Total Assets:** $982.2M

## 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|3,711|$982.2M|$29.2M|$34.8M|

| 2023|3,611|$839.3M|$27.3M|$32.3M|

| 2022|3,363|$722.6M|$23.3M|$28.3M|

## 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.|ADVISOR|$151,332|—|$151,332|

| SAGEVIEW ADVISORY GROUP, LLC|INVESTMENT ADVISOR|$86,906|—|$86,906|

| FIDELITY INVESTMENTS INSTITUTIONAL|RECORDKEEPER|$21,271|—|$21,271|

| FORVIS MAZARS LLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [STRATEGIC ADVISORS, INC.](https://planprovider.pro/provider/creative-planning) — ADVISOR

- [SAGEVIEW ADVISORY GROUP, LLC](https://planprovider.pro/provider/sageview-advisory-group) — INVESTMENT ADVISOR

- [FIDELITY INVESTMENTS INSTITUTIONAL](https://planprovider.pro/provider/fidelity-investments) — RECORDKEEPER

- [FORVIS MAZARS LLP](https://planprovider.pro/provider/forvis-mazars-llp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $259,509

- **Estimated Expense Ratio:** 0.026% 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|$259,509|$151,332|$2,700|—|—|

| 2023|$239,839|$142,591|$1,500|—|—|

| 2022|$58,210|$92,045|—|—|—|

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