Skip to content
Grade My 401(k)
Built by Basic Capital
No issues reported

Swiss Re America Holding Corporation

13-2761364· Armonk, NY· Empower· 2024 filing· vs 175 plans your size in your industry
B
0/100
Overall grade

Solid plan with a few things to improve.

C
Fees
A
Financial Wellness
B
Plan design
A
Compliance
Fees

Your plan pays around 7 bps of assets per year. Similar plans pay around 7 bps. Your plan is about average for plans this size.

C
cheaper47th percentilepricier
Financial Wellness

Strong savings. Employees put away $14,355/employee a year. That's more than 98% of similar plans.

A
lower98th percentilehigher
Plan design

Covers the basics. A few high-impact features are missing.

B
Employer match
The plan matches employee contributions, the single strongest driver of participation and savings.
Profit sharing
The employer also makes profit-sharing contributions on top of the match.
Automatic enrollment
New hires are enrolled by default. Plans with auto-enroll see much higher participation.
Not safe harbor
The plan has to pass annual IRS nondiscrimination testing, which can cap what owners and higher earners are allowed to contribute.
Default investment (QDIA)
Employees who never pick investments land in a sensible default, usually a target-date fund, instead of cash.
Brokerage window
Employees can invest beyond the core fund menu through a self-directed brokerage account.
Compliance & health

No compliance issues reported on the latest filing.

A
No issues reported
The latest public filing does not report any of the compliance issues this grade checks.
Compare

How does Swiss Re America Holding Corporation stack up against another company?

Search a competitor to see the two report cards side by side.

Prefer to use your EIN?

Recordkeeper
Empower

No provider notes available.

Key insights

  • Strongest area: financial wellness. Strong savings. Employees put away $14,355/employee a year. That's more than 98% of similar plans.
  • Best place to improve: fees. Your plan pays around 7 bps of assets per year. Similar plans pay around 7 bps. Your plan is about average for plans this size.
Ask about your plan
Grounded in your Form 5500 data
Live

Try asking:

Shift+Enter for new line · Enter to send