Plan Snapshot
- Plan Sponsor: Kraft Heinz Foods Company
- Sponsor EIN: 250542520
- Sponsor Address: 200 E RANDOLPH, SUITE 7600, CHICAGO, IL, 606017720
- Plan Type: 401(k)
- Plan Number: 512
- Total Participants: 16,372
- Total Assets: $168.6M
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 | 16,372 | $168.6M | $173.6M | $36.3M |
| 2023 | 16,871 | $5.7M | $154.0M | $32.6M |
| 2022 | 16,366 | $7.3M | $142.5M | $31.7M |
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 | Recordkeeper | $3,664,441 | — | $3,664,441 |
| BLUE CROSS BLUE SHIELD | Other Service Provider | $3,657,524 | — | $3,657,524 |
| SEDGWICK CMS | Other Service Provider | $1,396,114 | — | $1,396,114 |
| UNITED HEALTHCARE | Other Service Provider | $1,279,192 | — | $1,279,192 |
| AETNA | Other Service Provider | $1,189,612 | — | $1,189,612 |
| CASTLIGHT | Other Service Provider | $1,060,599 | — | $1,060,599 |
| CVS CAREMARK | Other Service Provider | $986,180 | — | $986,180 |
| HINGE HEALTH | Other Service Provider | $957,320 | — | $957,320 |
| CIGNA | Other Service Provider | $667,364 | — | $667,364 |
| DELTA DENTAL | Other Service Provider | $510,746 | — | $510,746 |
| MAVEN | Other Service Provider | $244,050 | — | $244,050 |
| CURALINC HEALTHCARE | Other Service Provider | $203,265 | — | $203,265 |
| MORGAN, LEWIS & BOCKIUS | ERISA Attorney | $97,513 | — | $97,513 |
| CROWE LLP | Other Service Provider | $41,705 | — | $41,705 |
| NORTHERN TRUST | Other Service Provider | $20,946 | — | $20,946 |
| BELL LITHO | Other Service Provider | $20,603 | — | $20,603 |
| ANDERSON TAX | Other Service Provider | $13,600 | — | $13,600 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWERS WATSON — 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: $16,010,774
- Estimated Expense Ratio: 9.499% 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 | $16,017,291 | — | $15,552,849 | $41,705 | — |
| 2023 | $15,551,474 | — | $13,986,246 | $76,491 | — |
| 2022 | $15,072,677 | $8,697 | $9,440,454 | — | $4,571,309 |