Plan Snapshot
- Plan Sponsor: Bertelsmann, INC.
- Sponsor EIN: 952949493
- Sponsor Address: 1745 BROADWAY, NEW YORK, NY, 10019
- Plan Type: 401(k)
- Total Participants: 9,217
- Total Assets: $2.0B
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 | 9,217 | $2.0B | $40.2M | $63.8M |
| 2023 | 8,782 | $1.8B | $37.2M | $60.7M |
| 2022 | 8,368 | $1.5B | $35.1M | $58.0M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | $478,427 | — | $478,427 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $237,527 | — | $237,527 |
| CARON & BLETZER, PLLC | ACCOUNTANT/AUDITOR | $21,255 | — | $21,255 |
| MERCER | CONSULTANT | $17,740 | — | $17,740 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- CARON & BLETZER, PLLC — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $754,949
- Estimated Expense Ratio: 0.039% 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 | $756,010 | $456,665 | $600 | — | — |
| 2023 | $1,259,781 | $589,382 | $3,900 | $30,300 | — |
| 2022 | $1,088,227 | $483,851 | — | — | — |