Plan Snapshot
- Plan Sponsor: Henry Schein, INC.
- Sponsor EIN: 113136595
- Sponsor Address: 135 DURYEA RD, MELVILLE, NY, 11747
- Plan Type: 401(k)
- Total Participants: 7,079
- Total Assets: $1.6B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 7,079 | $1.6B | $31.8M | $63.4M |
| 2023 | 7,053 | $1.4B | $31.2M | $61.4M |
| 2022 | 7,483 | $1.2B | $30.9M | $61.9M |
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 |
|---|---|---|---|---|
| FINANCIAL ENGINES | Investment Advisor | $596,298 | — | $596,298 |
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $531,786 | — | $531,786 |
| ALTERITY GROUP, LLC | Other Service Provider | $80,000 | — | $80,000 |
| STATE STREET GLOBAL ADVISORS TRUST | Investment Advisor | $62,500 | — | $62,500 |
| AON INVESTMENTS USA INC | Investment Advisor | $57,938 | — | $57,938 |
| PROSKAUER | ERISA Attorney | $20,642 | — | $20,642 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,349,164
- Estimated Expense Ratio: 0.087% 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 | $1,349,164 | $716,736 | $5,400 | — | — |
| 2023 | $1,134,519 | $653,069 | $1,800 | — | — |
| 2022 | $1,361,706 | — | — | — | — |