Plan Snapshot
- Plan Sponsor: Kpmg LLP
- Sponsor EIN: 135565207
- Sponsor Address: 75 CHESTNUT RIDGE ROAD, MONTVALE, NJ, 076451842
- Plan Type: DB
- Total Participants: 18,369
- Total Assets: $3.1B
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 | 18,369 | $3.1B | $0 | $0 |
| 2023 | 20,564 | $3.2B | $0 | $0 |
| 2022 | 23,545 | $3.0B | $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 |
|---|---|---|---|---|
| GRANT THORNTON LLP | Auditor | $94,640 | — | $94,640 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GRANT THORNTON LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $94,640
- Estimated Expense Ratio: 0.003% 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 | $24,098,025 | $2,755,875 | — | $94,640 | — |
| 2023 | $38,043,866 | $3,460,671 | — | $98,800 | — |
| 2022 | $32,989,157 | $3,005,012 | — | — | $4,419,965 |