# Kraft Heinz Foods Company 401(k) Plan
Source: https://planprovider.pro/companies/kraft-heinz-foods-company-250542520-512

> Kraft Heinz Foods Company&#39;s 401(k) plan: 16,372 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## 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](https://planprovider.pro/provider/lincoln-financial-group) — Recordkeeper

- [MORGAN, LEWIS & BOCKIUS](https://planprovider.pro/provider/meyer-unkovic-and-scott-llp) — 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|

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