World Insurance Associates 401(k) match, vesting and fees
What World Insurance Associates' 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 | Empower Annuity Insurance Company O | Schedule C ↗ |
| Independent auditor | Withum Smith & Brown P.C. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 673 defined-contribution plans in finance and insurance with 1,000 to 4,999 participants.
| World Insurance Associates: employer contribution per participant | $3,535 | |
| Peer median | $2,966 |
| World Insurance Associates: average balance | $67,247 | |
| Peer median | $104,792 |
| World Insurance Associates: admin expenses ÷ assets | 0.02% | |
| 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 $91.6M at the end of plan year 2023 to $149M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 2,985 | $149M | $7.8M | $3,535 | 0.02% | Not published | Form 5500 ↗ |
| 2023 | 1,716 | $91.6M | $5.5M | $3,232 | 0.10% | Not published | Form 5500 ↗ |
Common questions
Does World Insurance Associates match 401(k) contributions?
The match terms for the World Retirement Plan have not been published from its filing yet. The plan year 2024 filing reports $7.8M in employer contributions, about $3,535 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the World Insurance Associates 401(k) match vested?
The vesting schedule for the World Retirement Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the World Insurance Associates 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Empower Annuity Insurance Company O. The plan administrator is World Insurance Associates LLC.
I left World Insurance Associates. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (World Insurance Associates LLC, (732) 380-0900) or the recordkeeper, Empower Annuity Insurance Company O. The World Insurance Associates old 401(k) page lists the contacts from every plan filing. Find an old World Insurance Associates 401(k)
Data from the public Form 5500 annual reports World Insurance Associates 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 World Insurance Associates. Not financial advice. Report a correction · Methodology