Plan Snapshot
- Plan Sponsor: Kpmg LLP
- Sponsor EIN: 135565207
- Sponsor Address: 75 CHESTNUT RIDGE ROAD, MONTVALE, NJ, 076451842
- Plan Type: 401(k)
- Total Participants: 36,163
- Total Assets: $10.5B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 36,163 | $10.5B | $390.4M | $468.3M |
| 2023 | 37,063 | $8.9B | $379.3M | $466.4M |
| 2022 | 39,527 | $7.2B | $354.1M | $425.8M |
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 |
|---|---|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER | Recordkeeper | $1,753,561 | — | $1,753,561 |
| ROCATON INV ADV | Other Service Provider | $257,697 | — | $257,697 |
| WILLKIE FARR & GALLAGHER | ERISA Attorney | $95,021 | — | $95,021 |
| GRANT THORNTON LLP | Auditor | $91,520 | — | $91,520 |
| WILLIS TOWERS WATSON | Recordkeeper | $49,852 | — | $49,852 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLKIE FARR & GALLAGHER — ERISA Attorney
- GRANT THORNTON LLP — Auditor
- WILLIS TOWERS WATSON — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,247,651
- Estimated Expense Ratio: 0.021% 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 | $2,203,202 | $226,788 | — | $91,520 | — |
| 2023 | $2,461,180 | $340,224 | — | $99,320 | — |
| 2022 | $2,495,168 | $325,500 | — | — | $226,816 |