# The Hanover Insurance Company DB Plan
Source: https://planprovider.pro/companies/the-hanover-insurance-company-plan-001

> The Hanover Insurance Company&#39;s DB plan: 572 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** The Hanover Insurance Company

- **Sponsor EIN:** 135129825

- **Sponsor Address:** 440 LINCOLN STREET, WORCESTER, MA, 016530000

- **Plan Type:** DB

- **Total Participants:** 572

- **Total Assets:** $340.4M

## 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|572|$340.4M|$0|$0|

| 2023|624|$363.0M|$0|$0|

| 2022|677|$371.5M|$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|

| FIDELITY MANAGEMENT TRUST COMPANY|INVST MGMT|$958,336|—|$958,336|

| FIDELITY INSTITUTIONAL OPERATIONS|ADMINISTRATION|$20,470|—|$20,470|

| PRICEWATERHOUSECOOPERS LLP|Auditor|—|—|$0|

### Verified Provider Profiles

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

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

- [PRICEWATERHOUSECOOPERS LLP](https://planprovider.pro/provider/pricewaterhousecoopers-llp) — Auditor

## Plan Fees & Expenses

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

- **Total Service Provider Fees:** $978,806

- **Estimated Expense Ratio:** 0.288% 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|$1,675,376|$958,336|—|—|—|

| 2023|$2,124,024|$973,293|—|—|—|

| 2022|$1,913,990|$1,088,339|—|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/the-hanover-insurance-company-plan-001)

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