Plan Snapshot
- Plan Sponsor: Bacardi U.S.A., INC.
- Sponsor EIN: 131507147
- Sponsor Address: 3011 PONCE DE LEON, CORAL GABLES, FL, 33134
- Plan Type: 401(k)
- Total Participants: 1,088
- Total Assets: $290.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,088 | $290.0M | $10.7M | $10.0M |
| 2023 | 1,095 | $267.4M | $9.9M | $10.4M |
| 2022 | 1,144 | $223.0M | $11.8M | $10.7M |
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 |
|---|---|---|---|---|
| MERCER INVESTMENTS | Other Service Provider | $327,557 | — | $327,557 |
| VOYA RETIREMENT ADVISORS, LLC | Investment Advisor | $128,993 | — | $128,993 |
| VOYA INSTITUTIONAL PLAN SERVICES | Recordkeeper | $62,765 | — | $62,765 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- VOYA RETIREMENT ADVISORS, LLC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $519,315
- Estimated Expense Ratio: 0.179% 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 | $945,882 | $765,208 | $9,181 | — | — |
| 2023 | $807,930 | $591,150 | $8,906 | — | — |
| 2022 | $711,408 | — | — | — | — |