Plan Snapshot
- Plan Sponsor: Bertelsmann, INC.
- Sponsor EIN: 952949493
- Sponsor Address: 1745 BROADWAY, NEW YORK, NY, 10019
- Plan Type: DB
- Total Participants: 581
- Total Assets: $115.5M
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 | 581 | $115.5M | $0 | $0 |
| 2023 | 606 | $124.3M | $0 | $0 |
| 2022 | 703 | $124.7M | $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 |
|---|---|---|---|---|
| MERCER INVESTMENT MANAGEMENT | Other Service Provider | $266,431 | — | $266,431 |
| FID INV INST OPS CO | Recordkeeper | $254,831 | — | $254,831 |
| SEGAL ADVISORS, INC | Other Service Provider | $221,909 | — | $221,909 |
| MERCER | Other Service Provider | $59,158 | — | $59,158 |
| CARON & BLETZER | Auditor | $14,419 | — | $14,419 |
| ALSTON & BIRD LLP | ERISA Attorney | $12,260 | — | $12,260 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FID INV INST OPS CO — Recordkeeper
- CARON & BLETZER — Auditor
- ALSTON & BIRD LLP — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $829,008
- Estimated Expense Ratio: 0.718% 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 | $1,136,452 | $281,067 | — | — | — |
| 2023 | $1,235,224 | $295,534 | — | — | — |
| 2022 | $1,489,014 | $728,093 | — | — | $734,183 |