Employer · plans filed under one EIN
Zurich American Insurance Company
Schaumburg, IL · Finance and insurance
Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.
Zurich American Insurance Company, based in Schaumburg, Illinois, sponsors 2 retirement plans with 100 or more participants: 1 defined contribution and 1 defined benefit. Together they reported 33,723 participant records and $4.89B in net assets.
The largest is Zurich American Insurance Company Retirement Account Plan, a cash balance pension plan with 18,921 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.
Employer contributions across the plans were $112M and participant contributions $107M in the latest plan years; benefits paid were $389M. Schedule C compensation reported to service provider organisations totalled $5.3M.
Combined net assets moved from $1.83B in 2009 to $4.89B in 2024 (up 168%). Plan mergers and spin-offs show up here as steps in the series.
Plans
| Plan | Kind | Plan year | Participants | Net assets | Per participant | Employer / active | Sch. C compensation |
|---|---|---|---|---|---|---|---|
| Zurich American Insurance Company Retirement Account Plan | cash balance pension plan | 2024 | 18,921 | $1.20B | $63,657 | — | $4.5M |
| Zurich Savings Plan | 401(k) plan | 2024 | 14,802 | $3.69B | $249,023 | $11,522 | $800K |
| US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244. | |||||||
Trend by plan year
| Plan year | Plans | Participant records | Net assets | Employer contributions | Participant contributions |
|---|---|---|---|---|---|
| 2024 | 2 | 33,723 | $4.89B | $112M | $107M |
| 2023 | 2 | 34,034 | $4.64B | $108M | $102M |
| 2022 | 2 | 34,742 | $4.19B | $102M | $93.6M |
| 2021 | 2 | 34,664 | $4.97B | $94.8M | $87.5M |
| 2020 | 2 | 35,310 | $4.65B | $93.8M | $84.5M |
| 2019 | 2 | 36,130 | $4.15B | $91.0M | $81.1M |
| 2018 | 2 | 36,943 | $3.54B | $47.9M | $80.3M |
| 2017 | 2 | 37,465 | $3.85B | $49.3M | $80.9M |
| 2016 | 2 | 34,646 | $3.25B | $142M | $78.0M |
| 2015 | 2 | 35,330 | $2.98B | $91.6M | $76.2M |
| 2014 | 2 | 30,988 | $2.98B | $83.2M | $70.7M |
| 2013 | 2 | 29,870 | $2.69B | $87.1M | $66.3M |
| 2012 | 2 | 29,972 | $2.41B | $39.9M | $65.7M |
| 2011 | 2 | 33,229 | $2.29B | $119M | $66.7M |
| 2010 | 2 | 33,782 | $2.08B | $106M | $65.9M |
| 2009 | 2 | 33,905 | $1.83B | $86.9M | $65.2M |
History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.
Service providers
| Organisation | Services reported | Plans | Compensation reported |
|---|---|---|---|
| Willis Towers Watson US LLC | Consulting (pension) | 1 | $1,151,919 |
| Pimco | Investment advisory (plan); Investment management | 1 | $790,876 |
| JP Morgan Investment Management Inc. | Trustee (discretionary); Investment advisory (plan); Investment management | 1 | $733,214 |
| The Vanguard Group, Inc. | Recordkeeping and information management; Trustee (directed); Securities brokerage; Participant loan processing | 1 | $624,256 |
| Rreef-America LLC | Investment management | 1 | $595,404 |
| Northern Trust Company | Trustee (bank, trust company, or similar financial institution) | 1 | $333,001 |
| BlackRock Financial Management | Investment management | 1 | $266,368 |
| MetLife | Investment management | 1 | $260,335 |
| Mercer | Actuarial | 1 | $251,253 |
| Vanguard Advisers Inc. | Investment advisory (participants) | 1 | $170,002 |
| Aon Consulting | Actuarial | 1 | $114,473 |
| Seyfarth Shaw LLP | Legal | 1 | $11,077 |
| Charles Schwab & Co., Inc. | — | 1 | $6,219 |
Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.
Questions and answers
How many retirement plans does Zurich American Insurance Company have?
2 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Zurich American Insurance Company Retirement Account Plan and Zurich Savings Plan. Smaller plans and plans filed under a subsidiary's number are not grouped here.
How much does Zurich American Insurance Company contribute to its plans?
$112,199,105 in employer contributions across these plans in their latest plan years, about $7,634 per active participant record. Form 5500 reports totals and not the match or accrual formula.
Who provides services to these plans?
Schedule C filings name Willis Towers Watson US LLC, Pimco, JP Morgan Investment Management Inc. and The Vanguard Group, Inc. and others. Only organisations paid $5,000 or more by a plan are listed on Schedule C.
Where does this come from?
Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.
Provenance
Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.