Plan Snapshot
- Plan Sponsor: Altria Client Services LLC
- Sponsor EIN: 472929146
- Sponsor Address: P. O. BOX 85088, RICHMOND, VA, 232855088
- Plan Type: Health & Welfare
- Plan Number: 509
- Total Participants: 4,193
- Total Assets: $24.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 4,193 | $24.8M | $0 | $0 |
| 2023 | 4,231 | $29.1M | $0 | $0 |
| 2022 | 4,030 | $28.9M | $0 | $0 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| SCHARF INVESTMENTS LLC | Investment Advisor | $122,143 | — | $122,143 |
| PRICEWATERHOUSECOOPERS LLP | Auditor | $118,256 | — | $118,256 |
| THE HARTFORD | Recordkeeper | $111,629 | — | $111,629 |
| FIDELITY INVESTMT INSTIT OP CO INC | Recordkeeper | $46,130 | — | $46,130 |
| WILLIS TOWERS WATSON US LLC | Actuary | $19,649 | — | $19,649 |
| JPMORGAN CHASE BANK NA | Custodian / Trustee | $12,196 | — | $12,196 |
| ANDERSEN TAX LLC | Other Service Provider | $12,000 | — | $12,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PRICEWATERHOUSECOOPERS LLP — Auditor
- FIDELITY INVESTMT INSTIT OP CO INC — Recordkeeper
- WILLIS TOWERS WATSON US LLC — Actuary
- JPMORGAN CHASE BANK NA — Custodian / Trustee
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $442,003
- Estimated Expense Ratio: 1.781% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $1,282,616 | $105,090 | $111,629 | $118,256 | — |
| 2023 | $1,758,050 | $136,877 | $100,777 | $80,000 | — |
| 2022 | $1,655,217 | $148,514 | $178,747 | — | $138,102 |