California Casualty Management Company 401(k) Review & Grade
California Casualty Management Company Savings Investment Plan for Salaried Employees
San Mateo, CAFinance & Insurance574 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$1,738Employer $ per active participant
$3,439Employee $ saved per active participant
0.06%Direct admin cost, % of plan assets
$115.4MNet plan assets, end of year
$249,785Average balance per account
Score breakdown
- Employer generosity8.8 / 5018th percentile for employer $ per participant
- Low cost21.1 / 2584th percentile for low admin cost vs. same-size plans
- Employee saving1.2 / 158th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
- Red-flag deductions-10 pts1 issue reported on the filing
Total score31 / 100 · Grade D
This plan vs. peers
Peers: Finance & Insurance plans with 500–2,499 active participants (754 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 18th |
| Lower admin cost | 84th |
| Employee saving | 8th |
| Peers that auto-enroll | 62% |
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Red flags from the filing
Benefits not paid when due: the plan reported failing to pay some benefits on time.
What to do if you're in this plan
- California Casualty Management put in about $1,738 per active participant, below the typical peer ($3,606). Any match is still an instant return, so contribute enough to get all of it.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $996,605 |
| Participant (employee) contributions | $1,972,119 |
| Other contributions (incl. rollovers in) | $1,048,407 |
| Administrative expenses paid from the plan | $68,457 |
| Investment advisory & management fees | $33,671 |
| Benefits paid out | $21,824,214 |
| Net assets, start / end of year | $115.6M / $115.4M |
| Active participants, start / end of year | 579 / 568 |
| Participants with account balances | 462 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Cbiz Cpas PC |
Largest service providers (Schedule C)
| Strategic Advisors, Inc. | $33,671 reported compensation |
| Cbiz Cpas P.C. | $19,621 reported compensation |
| Orrick Herrington Sutcliffe LLP | $13,031 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251010112014NAL0004178851001, received 2025-10-10, EIN 94-0575650, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.