Plan Snapshot
- Plan Sponsor: Ericsson INC.
- Sponsor EIN: 061119960
- Sponsor Address: ATTN BENEFITS DEPARTMENT, PLANO, TX, 75024
- Plan Type: DB
- Total Participants: 413
- Total Assets: $526.0M
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 | 413 | $526.0M | $0 | $0 |
| 2023 | 508 | $516.2M | $0 | $0 |
| 2022 | 593 | $550.1M | $5.0M | $1.8M |
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 |
|---|---|---|---|---|
| WILLIS TOWERS WATSON US LLC | Recordkeeper | $1,156,290 | — | $1,156,290 |
| PGIM, INC. | Recordkeeper | $570,574 | — | $570,574 |
| PIMCO | Other Service Provider | $376,213 | — | $376,213 |
| BARROW HANLEY GLOBAL INVESTORS | Other Service Provider | $118,112 | — | $118,112 |
| CAPFINANCIAL PARTNERS, LLC | Other Service Provider | $99,450 | — | $99,450 |
| EAGLE ASSET MANAGEMENT | Other Service Provider | $62,296 | — | $62,296 |
| MCDERMOTT WILL & EMERY LLP | ERISA Attorney | $57,901 | — | $57,901 |
| JENNISON ASSOCIATES LLC | Recordkeeper | $38,072 | — | $38,072 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWERS WATSON US LLC — Recordkeeper
- PGIM, INC. — Recordkeeper
- JENNISON ASSOCIATES LLC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,478,908
- Estimated Expense Ratio: 0.471% 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 | $2,480,223 | $1,264,717 | — | — | — |
| 2023 | $2,567,358 | $868,527 | — | — | — |
| 2022 | $5,796,459 | $3,260,333 | — | — | $2,451,587 |