Berkshire Hathaway Specialty Ins 401(k) match, vesting and fees
What Berkshire Hathaway Specialty Ins' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Mayflower Financial Advisors, LLC | Schedule C ↗ |
| Independent auditor | Caron and Bletzer PLLC (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 673 defined-contribution plans in finance and insurance with 1,000 to 4,999 participants.
| Berkshire Hathaway Specialty Ins: employer contribution per participant | $6,317 | |
| Peer median | $2,966 |
| Berkshire Hathaway Specialty Ins: average balance | $157,539 | |
| Peer median | $104,792 |
| Berkshire Hathaway Specialty Ins: admin expenses ÷ assets | 0.04% | |
| Peer median | 0.10% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $131M at the end of plan year 2023 to $174M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 1,110 | $174M | $7M | $6,317 | 0.04% | Not published | Form 5500 ↗ |
| 2023 | 1,025 | $131M | $6.1M | $6,016 | 0.05% | Not published | Form 5500 ↗ |
Common questions
Does Berkshire Hathaway Specialty Ins match 401(k) contributions?
The match terms for the Berkshire Hathaway Specialty Insurance Company Retirement Pla have not been published from its filing yet. The plan year 2024 filing reports $7M in employer contributions, about $6,317 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Berkshire Hathaway Specialty Ins 401(k) match vested?
The vesting schedule for the Berkshire Hathaway Specialty Insurance Company Retirement Pla is not in the data published so far. Your Summary Plan Description states it.
Who manages the Berkshire Hathaway Specialty Ins 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Mayflower Financial Advisors, LLC. The plan administrator is Berkshire Hathaway Specialty Ins.
I left Berkshire Hathaway Specialty Ins. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Berkshire Hathaway Specialty Ins, (617) 936-2919) or the recordkeeper, Mayflower Financial Advisors, LLC. The Berkshire Hathaway Specialty Ins old 401(k) page lists the contacts from every plan filing. Find an old Berkshire Hathaway Specialty Ins 401(k)
Data from the public Form 5500 annual reports Berkshire Hathaway Specialty Ins filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Berkshire Hathaway Specialty Ins. Not financial advice. Report a correction · Methodology