Plan Snapshot
- Plan Sponsor: Glencore Ltd.
- Sponsor EIN: 132942178
- Sponsor Address: 330 MADISON AVE, NEW YORK, NY, 10017
- Plan Type: DB
- Total Participants: 81
- Total Assets: $56.9M
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 | 81 | $56.9M | $0 | $0 |
| 2023 | 89 | $56.3M | $10.7M | $0 |
| 2022 | 94 | $41.0M | $1.3M | $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 |
|---|---|---|---|---|
| MERRILL LYNCH,PIERCE, FENNER, SMITH | Other Service Provider | $240,286 | — | $240,286 |
| BANK OF AMERICA | Custodian / Trustee | $22,069 | — | $22,069 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $262,355
- Estimated Expense Ratio: 0.461% 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 | $262,354 | $240,286 | — | — | — |
| 2023 | $219,810 | $179,443 | — | — | — |
| 2022 | $222,075 | $177,295 | — | — | — |