Plan Snapshot
- Plan Sponsor: Bacardi U.S.A., INC.
- Sponsor EIN: 131507147
- Sponsor Address: 3011 PONCE DE LEON, CORAL GABLES, FL, 33134
- Plan Type: DB
- Total Participants: 43
- Total Assets: $80.2M
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 | 43 | $80.2M | $0 | $0 |
| 2023 | 54 | $85.4M | $0 | $0 |
| 2022 | 60 | $82.0M | $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 |
|---|---|---|---|---|
| MERCER | Other Service Provider | $237,857 | — | $237,857 |
| MERCER INVESTMENTS LLC | Other Service Provider | $189,636 | — | $189,636 |
| NORTHERN TRUST COMPANY | Other Service Provider | $19,029 | — | $19,029 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $446,522
- Estimated Expense Ratio: 0.557% 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 | $704,026 | $191,335 | — | — | — |
| 2023 | $649,325 | $195,255 | — | — | — |
| 2022 | $529,602 | $284,373 | — | — | $214,957 |