Plan Snapshot
- Plan Sponsor: Colgate-Palmolive Company
- Sponsor EIN: 131815595
- Sponsor Address: 300 PARK AVENUE, NEW YORK, NY, 10022
- Plan Type: 401(k)
- Total Participants: 6,041
- Total Assets: $3.3B
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 | 6,041 | $3.3B | $70.7M | $66.1M |
| 2023 | 5,766 | $3.0B | $56.5M | $57.7M |
| 2022 | 4,873 | $2.8B | $50.2M | $52.1M |
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 |
|---|---|---|---|---|
| ALIGHT SOLUTIONS, LLC | N/A | $1,147,337 | — | $1,147,337 |
| T. ROWE PRICE ASSOCIATES, INC. | INVESTMENT MANAGEMENT | $989,269 | — | $989,269 |
| BLACKROCK INST. TRUST CO., N.A. | N/A | $636,941 | — | $636,941 |
| THE BANK OF NEW YORK MELLON | TRUSTEE | $571,989 | — | $571,989 |
| WILLIS TOWERS WATSON US LLC | N/A | $386,244 | — | $386,244 |
| MORGAN, LEWIS & BOCKIUS | N/A | $358,014 | — | $358,014 |
| STATE STREET GLOBAL ADVISORS | TRUSTEE | $300,000 | — | $300,000 |
| GSAM STABLE VALUE, LLC | N/A | $243,722 | — | $243,722 |
| GRANT THORNTON LLP | N/A | $142,223 | — | $142,223 |
| AON INVESTMENTS USA INC. | N/A | $109,000 | — | $109,000 |
| ERNST & YOUNG, LLP | N/A | $95,017 | — | $95,017 |
| GROOM LAW GROUP | N/A | $48,013 | — | $48,013 |
| STATE STREET BANK & TRUST COMPANY | CUSTODIAN | $29,387 | — | $29,387 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT SOLUTIONS, LLC — N/A
- WILLIS TOWERS WATSON US LLC — N/A
- MORGAN, LEWIS & BOCKIUS — N/A
- GSAM STABLE VALUE, LLC — N/A
- GRANT THORNTON LLP — N/A
- ERNST & YOUNG, LLP — N/A
- GROOM LAW GROUP — N/A
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $5,057,156
- Estimated Expense Ratio: 0.155% 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 | $3,239,268 | $247,786 | $2,206,234 | — | — |
| 2023 | $2,479,912 | $259,034 | $1,946,047 | — | — |
| 2022 | $2,553,884 | $273,590 | — | — | $2,167,679 |