Plan Snapshot
- Plan Sponsor: Iqvia Incorporated
- Sponsor EIN: 061506026
- Sponsor Address: 83 WOOSTER HEIGHTS ROAD, DANBURY, CT, 06810
- Plan Type: DB
- Total Participants: 1,114
- Total Assets: $530.7M
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 | 1,114 | $530.7M | $0 | $0 |
| 2023 | 1,213 | $479.6M | $0 | $0 |
| 2022 | 1,307 | $414.1M | $0 | $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 |
|---|---|---|---|---|
| TOWERS WATSON DELAWARE INC | Recordkeeper | $345,829 | — | $345,829 |
| NORTHERN TRUST CORPORATION | Other Service Provider | $247,891 | — | $247,891 |
| SCHWAB RETIREMENT PLAN SERVICES INC | Recordkeeper | $119,827 | — | $119,827 |
| VERRILL DANA LLP | ERISA Attorney | $116,326 | — | $116,326 |
| COHNREZNICK LLP | Investment Advisor | $17,665 | — | $17,665 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TOWERS WATSON DELAWARE INC — Recordkeeper
- SCHWAB RETIREMENT PLAN SERVICES INC — Recordkeeper
- VERRILL DANA LLP — ERISA Attorney
- COHNREZNICK LLP — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $847,538
- Estimated Expense Ratio: 0.160% 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 | $1,551,368 | $452,680 | — | $17,665 | — |
| 2023 | $1,314,091 | $629,566 | — | $37,615 | — |
| 2022 | $1,215,226 | $240,840 | — | — | $322,175 |