Employers Insurance Company of Nevada 401(k) Review & Grade
Employers Insurance Company of Nevada 401(k) Retirement Plan
Henderson, NVFinance & Insurance716 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$3,464Employer $ per active participant
$8,199Employee $ saved per active participant
0.05%Direct admin cost, % of plan assets
$132.3MNet plan assets, end of year
$167,200Average balance per account
Score breakdown
- Employer generosity23.7 / 5047th percentile for employer $ per participant
- Low cost22.0 / 2588th percentile for low admin cost vs. same-size plans
- Employee saving9.3 / 1562th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score58 / 100 · Grade C
This plan vs. peers
Peers: Finance & Insurance plans with 500–2,499 active participants (754 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 47th |
| Lower admin cost | 88th |
| Employee saving | 62th |
| Peers that auto-enroll | 62% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Employers Insurance Company of Nevada put in about $3,464 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.
- 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 | $2,481,673 |
| Participant (employee) contributions | $5,874,869 |
| Other contributions (incl. rollovers in) | $1,644,090 |
| Administrative expenses paid from the plan | $60,296 |
| Investment advisory & management fees | $16,500 |
| Benefits paid out | $11,780,513 |
| Net assets, start / end of year | $118.5M / $132.3M |
| Active participants, start / end of year | 716 / 717 |
| Participants with account balances | 791 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Ernst & Young, LLP |
Largest service providers (Schedule C)
| Ernst & Young LLP | $33,000 reported compensation |
| Cambridge Investment Research | $16,500 reported compensation |
| T Rowe Price RPS Inc | $9,920 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250922193849NAL0002308739001, received 2025-09-22, EIN 88-0442429, plan #002, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.