Plan Snapshot
- Plan Sponsor: Selective Insurance Company Of America
- Sponsor EIN: 221272390
- Sponsor Address: 40 WANTAGE AVENUE, BRANCHVILLE, NJ, 07890
- Plan Type: 401(k)
- Total Participants: 2,818
- Total Assets: $764.2M
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. |
|---|---|---|---|---|
| 2024 | 2,818 | $764.2M | $23.1M | $27.0M |
| 2023 | 2,692 | $676.6M | $21.2M | $25.1M |
| 2022 | 2,545 | $566.5M | $19.8M | $23.2M |
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 |
|---|---|---|---|---|
| T ROWE PRICE RPS INC | NONE | $190,417 | — | $190,417 |
| FINANCIAL ENGINES | NONE | $105,337 | — | $105,337 |
| WILLIS TOWERS WATSON US LLC | NONE | $64,607 | — | $64,607 |
| CROWE LLP | NONE | $33,319 | — | $33,319 |
| TOWERS WATSON INVESTMENT SERVICES | NONE | $20,538 | — | $20,538 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $414,218
- Estimated Expense Ratio: 0.054% 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 | $414,360 | $215,395 | — | $33,319 | — |
| 2023 | $408,107 | $201,117 | — | $6,534 | — |
| 2022 | $350,655 | — | — | — | $173,877 |