Plan Snapshot
- Plan Sponsor: Munich Reinsurance America, INC
- Sponsor EIN: 134924125
- Sponsor Address: 555 COLLEGE ROAD EAST, PRINCETON, NJ, 085436616
- Plan Type: 401(k)
- Plan Number: 003
- Total Participants: 6,326
- Total Assets: $2.1B
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. |
|---|---|---|---|---|
| 2025 | 6,326 | $2.1B | $0 | $0 |
| 2024 | 4,691 | $1.8B | $57.9M | $53.0M |
| 2023 | 4,625 | $1.6B | $51.5M | $47.8M |
| 2022 | 4,300 | $1.4B | $45.2M | $41.9M |
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 ADVISORY GROUP, LLC | Other Service Provider | $591,161 | — | $591,161 |
| EMPOWER ANNUITY INSURANCE COMPANY | Other Service Provider | $126,915 | — | $126,915 |
| CAPFINANCIAL PARTNERS LLC DBA CAPTR | Other Service Provider | $21,888 | — | $21,888 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $739,964
- Estimated Expense Ratio: 0.036% 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 | $160,160,682 | $613,049 | — | — | — |
| 2024 | $651,819 | $532,607 | — | — | — |
| 2023 | $499,440 | $384,200 | — | — | — |
| 2022 | $754,934 | $453,355 | — | — | — |