Plan Snapshot
- Plan Sponsor: Kraft Heinz Foods Company
- Sponsor EIN: 137192316
- Sponsor Address: ONE PPG PLACE, SUITE 3400, PITTSBURGH, PA, 15222
- Plan Type: 401(k)
- Plan Number: 059
- Total Participants: 0
- Total Assets: $3.8B
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 | 0 | $3.8B | $0 | $0 |
| 2023 | 0 | $3.8B | $0 | $0 |
| 2022 | 0 | $3.5B | $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 |
|---|---|---|---|---|
| PACIFIC INVESTMENT MANAGEMENT CO. | Other Service Provider | $2,243,428 | — | $2,243,428 |
| FIDELITY INSTITUTIONAL ASSET MGMT | Other Service Provider | $2,142,716 | — | $2,142,716 |
| WILLIS TOWER WATSON | Recordkeeper | $1,833,468 | — | $1,833,468 |
| PGIM | Recordkeeper | $896,444 | — | $896,444 |
| WELLINGTON MANAGEMENT COMPANY LLP | Other Service Provider | $786,286 | — | $786,286 |
| CME GROUP INC. | Other Service Provider | $559,373 | — | $559,373 |
| NORTHERN TRUST COMPANY | Other Service Provider | $441,319 | — | $441,319 |
| CROWE LLP | Other Service Provider | $85,450 | — | $85,450 |
| BANCO POPULAR DE PUERTO RICO | Other Service Provider | $44,267 | — | $44,267 |
| ALTERITY GROUP LLC | Other Service Provider | $33,000 | — | $33,000 |
| MORGAN, LEWIS & BOCKIUS | ERISA Attorney | $12,752 | — | $12,752 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWER WATSON — Recordkeeper
- PGIM — Recordkeeper
- MORGAN, LEWIS & BOCKIUS — ERISA Attorney
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,078,503
- Estimated Expense Ratio: 0.236% 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 | $12,017,603 | $6,113,142 | $1,311,187 | $85,450 | — |
| 2023 | $13,473,109 | $6,337,042 | $1,531,067 | $49,350 | — |
| 2022 | $14,604,908 | $9,560,576 | $318 | — | $1,765,786 |