Plan Snapshot
- Plan Sponsor: Altria Client Services LLC
- Sponsor EIN: 472929146
- Sponsor Address: P. O. BOX 85088, RICHMOND, VA, 232855088
- Plan Type: DB
- Total Participants: 1,989
- Total Assets: $6.4B
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 | 1,989 | $6.4B | $0 | $0 |
| 2023 | 2,132 | $6.7B | $0 | $0 |
| 2022 | 2,242 | $6.5B | $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 |
|---|---|---|---|---|
| LOOMIS SAYLES & COMPANY LP | Investment Advisor | $3,871,338 | — | $3,871,338 |
| PACIFIC INVESTMENT MGMT CO LLC | Investment Advisor | $2,995,834 | — | $2,995,834 |
| FIDELITY INVESTMT INSTIT OP CO INC | Recordkeeper | $1,809,769 | — | $1,809,769 |
| ACADIAN ASSET MANAGEMENT LLC | Investment Advisor | $1,483,541 | — | $1,483,541 |
| JPMORGAN CHASE BANK NA | Custodian / Trustee | $1,133,204 | — | $1,133,204 |
| PGIM LDI | Investment Advisor | $970,947 | — | $970,947 |
| NISA INVESTMENT ADVISORS LLC | Investment Advisor | $723,895 | — | $723,895 |
| REAMS LDI | Investment Advisor | $632,345 | — | $632,345 |
| FIDELITY FIAM LLC | Investment Advisor | $484,568 | — | $484,568 |
| GOLDMAN SACHS ASSET MANAGEMENT LP | Investment Advisor | $408,463 | — | $408,463 |
| JPMORGAN LDI | Investment Advisor | $345,836 | — | $345,836 |
| WILLIS TOWERS WATSON US LLC | Actuary | $307,542 | — | $307,542 |
| INSIGHT INA LDI | Investment Advisor | $221,351 | — | $221,351 |
| STATE STREET GLOBAL ADVISOR TRUST | Investment Advisor | $155,775 | — | $155,775 |
| PRICEWATERHOUSECOOPERS LLP | Auditor | $119,899 | — | $119,899 |
| EVERSHEDS SUTHERLAND (US) LLP | ERISA Attorney | $82,963 | — | $82,963 |
| RAM LDI | Investment Advisor | $80,942 | — | $80,942 |
| EVESTMENT ALLIANCE LLC | Other Service Provider | $66,117 | — | $66,117 |
| BLOOMBERG | Other Service Provider | $52,751 | — | $52,751 |
| MORNINGSTAR INC | Recordkeeper | $51,857 | — | $51,857 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMT INSTIT OP CO INC — Recordkeeper
- JPMORGAN CHASE BANK NA — Custodian / Trustee
- PGIM LDI — Investment Advisor
- GOLDMAN SACHS ASSET MANAGEMENT LP — Investment Advisor
- JPMORGAN LDI — Investment Advisor
- WILLIS TOWERS WATSON US LLC — Actuary
- PRICEWATERHOUSECOOPERS LLP — Auditor
- EVERSHEDS SUTHERLAND (US) LLP — ERISA Attorney
- MORNINGSTAR INC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,998,937
- Estimated Expense Ratio: 0.249% 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 | $18,307,133 | $12,189,570 | — | $119,899 | — |
| 2023 | $18,307,068 | $12,018,479 | — | $111,000 | — |
| 2022 | $19,105,163 | $12,706,841 | $2,035,849 | — | $1,801,082 |