Plan Snapshot
- Plan Sponsor: Gates Foundation
- Sponsor EIN: 562618866
- Sponsor Address: PO BOX 23350, SEATTLE, WA, 98102
- Plan Type: DC
- Total Participants: 2,156
- Total Assets: $680.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- 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 | 2,156 | $680.1M | $66.9M | $0 |
| 2023 | 1,926 | $579.4M | $58.8M | $0 |
| 2022 | 1,735 | $468.2M | $50.8M | $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 |
|---|---|---|---|---|
| KPMG, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KPMG, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $67,106 | $1,748 | — | — | — |
| 2023 | $51,970 | $300 | $49,945 | — | — |
| 2022 | $51,225 | $649 | $50,576 | — | — |