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 |
|---|---|---|---|---|
| WILLIS TOWERS WATSON | Other Service Provider | $4,039,465 | — | $4,039,465 |
| GOLDMAN SACHS ASSET MANAGEMENT | Investment Advisor | $1,205,543 | — | $1,205,543 |
| PIMCO | Other Service Provider | $907,390 | — | $907,390 |
| STATE STREET BANK AND TRUST COMPANY | Other Service Provider | $494,032 | — | $494,032 |
| BLACKROCK INSTITUTIONAL TRUST CO. | Other Service Provider | $355,297 | — | $355,297 |
| FIDELITY INSTITUTIONAL ASSET MGMT | Other Service Provider | $324,695 | — | $324,695 |
| WILLIAM BLAIR FUNDS | Other Service Provider | $304,057 | — | $304,057 |
| WELLINGTON MANAGEMENT | Other Service Provider | $205,659 | — | $205,659 |
| UNITED FORMS FINISHING | Other Service Provider | $161,239 | — | $161,239 |
| GRANT THORNTON | Auditor | $94,640 | — | $94,640 |
| STATE STREET GLOBAL ADVISORS TRUST | Other Service Provider | $87,473 | — | $87,473 |
| WILLKIE FARR & GALLAGHER | ERISA Attorney | $38,378 | — | $38,378 |
| GLOBAL TRUST COMPANY | Other Service Provider | $11,284 | — | $11,284 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GOLDMAN SACHS ASSET MANAGEMENT — Investment Advisor
- GRANT THORNTON — Auditor
- WILLKIE FARR & GALLAGHER — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,229,152
- Estimated Expense Ratio: 0.266% 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 |