Plan Snapshot
- Plan Sponsor: Kpmg LLP
- Sponsor EIN: 135565207
- Sponsor Address: 75 CHESTNUT RIDGE ROAD, MONTVALE, NJ, 076451842
- Plan Type: DB
- Total Participants: 2,262
- Total Assets: $1.9B
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 | 2,262 | $1.9B | $0 | $130.1M |
| 2023 | 2,299 | $1.8B | $152.1M | $0 |
| 2022 | 2,272 | $1.7B | $131.7M | $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: 0.005% 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 | $1,955,056 | $998,659 | — | $94,640 | — |
| 2023 | $2,437,481 | $1,333,146 | — | $98,800 | — |
| 2022 | $2,781,473 | $773,705 | — | — | $904,011 |