FIRST AMERICAN FINANCIAL CORPORATION 401(K) SAVINGS PLAN Contribution & Employer Match
How FIRST AMERICAN FINANCIAL CORPORATION Supports Your Retirement Savings
FIRST AMERICAN FINANCIAL CORPORATION provides retirement savings benefits through FIRST AMERICAN FINANCIAL CORPORATION 401(K) SAVINGS PLAN. Understanding your employer’s contribution structure is essential — it directly affects how quickly your retirement nest egg grows. Below you will find the plan’s average account values and contribution patterns based on publicly filed data.
FIRST AMERICAN FINANCIAL CORPORATION 401(K) SAVINGS PLAN Average Participant Retirement Account Value
FIRST AMERICAN FINANCIAL CORPORATION 401(K) SAVINGS PLAN Estimated Average Employee Contribution Amount
432,965.00: this is the amount you will have accumulated 20 years later if you annually contribute the average contribution amount 6,765.00 in FIRST AMERICAN FINANCIAL CORPORATION 401(K) SAVINGS PLAN, assuming a 10%* annual return.
* Data are from public filings.
Employer Match in FIRST AMERICAN FINANCIAL CORPORATION 401(K) SAVINGS PLAN
An employer match is one of the most valuable benefits in any 401(k) plan — it is essentially free money added to your retirement savings. Your employer contributes additional funds based on a percentage of your own contributions. Missing out on the full match is one of the most common and costly retirement mistakes employees make.
FIRST AMERICAN FINANCIAL CORPORATION 401(K) SAVINGS PLAN Total Employer Contribution and Match Rate
FIRST AMERICAN FINANCIAL CORPORATION 401(K) SAVINGS PLAN Estimated Average Employer Match
Investing in this additonal $3,606.00 for 20 years would give you extra $230,828.00, assuming a 10% annual return.
* Data are from public filings.
Are You Leaving Dollars on the Table?
If you are not contributing enough to capture the maximum employer match, you are literally turning down part of your compensation. For many plans, this can mean thousands of dollars per year in lost employer contributions — money that would compound over decades.
Use the policy details and calculator below to find out exactly how much you need to contribute to capture every dollar of employer matching.
FIRST AMERICAN FINANCIAL CORPORATION 401(K) SAVINGS PLAN Contribution & Match Policy
FIRST AMERICAN FINANCIAL CORPORATION 401(K) SAVINGS PLAN Contribution, Match and Other Plan Policies
- Participants may contribute from 1% to 60%, or, for highly compensated participants, from 1% to 18%, of their annual compensation to the Plan up to an annual limit set forth in the IRC.
- Participants may elect to make pretax contributions, Roth contributions, or a combination of the two and after-tax contributions up to certain limits.
- Participants are allowed to make rollover contributions and/or after-tax contributions into the Plan from other qualified plans or conduit individual retirement accounts.
- Roth In-Plan Conversion is available on after-tax amounts.
- Employees who become eligible to participate in the Plan are automatically enrolled unless affirmatively electing not to participate within a specified time period, as required by the Plan.
- For those participants who are automatically enrolled in the Plan, pretax deferrals of 6% are withheld each payroll period and are contributed into a qualified default investment alternative until a valid election is made by the participant.
- Discretionary matching contributions made by the Company have historically been based on the pretax profitability of the Company for the most recent fiscal years.
- For the years ended December 31, 2024 and 2023, the Company made matching contributions totaling $61.2 million and $33.7 million, which were credited to participant accounts in the first quarters of 2025 and 2024, respectively.
- The matching contributions were allocated to participant accounts and invested based on participant elections under the Plan.
- For every $1.00 contributed by eligible participants up to 4% of eligible pay during 2024 and 2023, the Company made matching contributions of $1.25 and $0.75, respectively.
- Participant contributions and earnings thereon are immediately vested.
- New participants are required to complete two years of service in order to become fully vested in all previous and future contributions made by the Company.
- The Plan allows for the immediate vesting in all Company contributions in the event of a participant’s death, disability or upon retirement if on, or after, the normal retirement age as defined by the Plan.
- Upon termination, any non-vested balance is forfeited by the participant.
2025 IRS 401(k) Contribution Limits
The IRS sets annual limits on how much you and your employer can contribute to a 401(k) plan. Knowing these limits helps you maximize tax-advantaged savings. Here are the current limits:
| 2024 | 2025 | |
|---|---|---|
| Employee elective deferrals (pretax + Roth) | $23,000 | $23,500 |
| Employee + employer contributions combined | $69,000 | $70,000 |
| Catch-up contributions (age 50+) | $7,500 | $7,500 |
| Enhanced catch-up (ages 60–63, SECURE 2.0) | N/A | $11,250 |
The power of maxing out: If you contribute the full $23,500 annually for 20 years at a 10% average annual return, you would accumulate approximately $1,505,256. If you can maximize the combined employee+employer limit of $70,000 per year, that grows to roughly $4,480,385 over the same period — more than triple.
Use the 401(k) Savings Calculator to model your specific contribution scenario and see how your savings can grow over time.
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