Plan Snapshot
- Plan Sponsor: Iron Mountain Incorporated
- Sponsor EIN: 232588479
- Sponsor Address: 1101 ENTERPRISE DRIVE, ROYERSFORD, PA, 19468
- Plan Type: 401(k)
- Total Participants: 10,113
- Total Assets: $943.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 10,113 | $943.1M | $27.7M | $58.8M |
| 2023 | 9,146 | $804.6M | $18.6M | $53.9M |
| 2022 | 8,643 | $651.3M | $15.9M | $45.8M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $684,549 | — | $684,549 |
| CAPFINANCIAL PARTNERS, LLC | INVESTMENT ADVISOR | $90,000 | — | $90,000 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $89,110 | — | $89,110 |
| RSM US LLP | ACCOUNTANT/AUDITOR | $63,000 | — | $63,000 |
| GRANT THORNTON LLP | Auditor | $63,000 | — | $63,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- RSM US LLP — ACCOUNTANT/AUDITOR
- GRANT THORNTON LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $989,659
- Estimated Expense Ratio: 0.105% 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 | $922,129 | $179,110 | — | $63,000 | — |
| 2023 | $788,472 | $103,081 | — | $61,587 | — |
| 2022 | $2,405,483 | $224,549 | $2,121,585 | — | — |