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: 527
- Total Participants: 1,293
- Total Assets: $20.3M
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 | 1,293 | $20.3M | $0 | $0 |
| 2023 | 1,396 | $24.3M | $0 | $0 |
| 2022 | 1,422 | $26.7M | $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 | $117,551 | — | $117,551 |
| FIDELITY INVESTMT INSTIT OP CO INC | Recordkeeper | $103,870 | — | $103,870 |
| PRICEWATERHOUSECOOPERS LLP | Auditor | $76,744 | — | $76,744 |
| THE HARTFORD | Recordkeeper | $35,810 | — | $35,810 |
| WILLIS TOWERS WATSON US LLC | Actuary | $17,651 | — | $17,651 |
| JPMORGAN CHASE BANK NA | Custodian / Trustee | $10,455 | — | $10,455 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMT INSTIT OP CO INC — Recordkeeper
- PRICEWATERHOUSECOOPERS LLP — Auditor
- 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: $362,081
- Estimated Expense Ratio: 1.782% 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 | $361,255 | $127,761 | $35,810 | $76,744 | — |
| 2023 | $373,602 | $120,349 | $46,732 | $80,000 | — |
| 2022 | $427,029 | $145,739 | $170,875 | — | $110,415 |