Plan Snapshot
- Plan Sponsor: Kpmg LLP
- Sponsor EIN: 135565207
- Sponsor Address: 75 CHESTNUT RIDGE ROAD, MONTVALE, NJ, 076451842
- Plan Type: Health & Welfare
- Plan Number: 506
- Total Participants: 27,540
- Total Assets: $74.3M
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 | 27,540 | $74.3M | $300.5M | $155.5M |
| 2023 | 28,299 | $53.4M | $275.0M | $151.4M |
| 2022 | 30,033 | $36.7M | $214.0M | $148.1M |
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 |
|---|---|---|---|---|
| AETNA LIFE INSURANCE COMPANY | Recordkeeper | $19,655,038 | — | $19,655,038 |
| AETNA BEHAVIORAL HEALTH | Recordkeeper | $1,052,928 | — | $1,052,928 |
| HEALTH AND HUMAN RESOURCE CENTER | Recordkeeper | $89,563 | — | $89,563 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $20,797,529
- Estimated Expense Ratio: 27.981% 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 | $15,273,118 | — | $15,273,118 | — | — |
| 2023 | $14,944,297 | — | $14,923,541 | — | — |
| 2022 | $14,476,985 | — | $14,460,985 | — | $16,000 |