Plan Snapshot
- Plan Sponsor: Kraft Heinz Foods Company
- Sponsor EIN: 250542520
- Sponsor Address: 200 E RANDOLPH, SUITE 7600, CHICAGO, IL, 606017720
- Plan Type: Health & Welfare
- Plan Number: 623
- Total Participants: 0
- Total Assets: $797.6M
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 | 0 | $797.6M | $4.1M | $9.3M |
| 2023 | 0 | $932.4M | $4.9M | $10.5M |
| 2022 | 0 | $891.6M | $4.5M | $11.9M |
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 | $2,125,165 | — | $2,125,165 |
| NORTHERN TRUST COMPANY | Other Service Provider | $566,765 | — | $566,765 |
| HIGHMARK | Other Service Provider | $509,055 | — | $509,055 |
| CAPITAL INTERNATIONAL INC | Other Service Provider | $381,939 | — | $381,939 |
| PACIFIC INVESTMENT MANAGEMENT CO. | Other Service Provider | $326,071 | — | $326,071 |
| CVS CAREMARK | Other Service Provider | $275,131 | — | $275,131 |
| UNITED HEALTHCARE | Other Service Provider | $218,088 | — | $218,088 |
| AETNA LIFE INSURANCE COMPANY | Other Service Provider | $168,275 | — | $168,275 |
| CIGNA | Other Service Provider | $58,470 | — | $58,470 |
| CROWE LLP | Other Service Provider | $35,745 | — | $35,745 |
| BELL LITHO | Other Service Provider | $32,659 | — | $32,659 |
| ALTERITY | Other Service Provider | $17,000 | — | $17,000 |
| MORGAN, LEWIS & BOCKIUS | ERISA Attorney | $15,787 | — | $15,787 |
| ANDERSON TAX | Other Service Provider | $13,100 | — | $13,100 |
| DELTA DENTAL | Other Service Provider | $10,042 | — | $10,042 |
| CME GROUP INC | Other Service Provider | $9,651 | — | $9,651 |
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: $4,762,943
- Estimated Expense Ratio: 0.597% 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 | $9,815,756 | $1,112,781 | $3,207,555 | $35,745 | — |
| 2023 | $7,851,083 | $945,789 | $3,308,530 | $51,150 | — |
| 2022 | $5,629,899 | $836,886 | $1,385,504 | — | $3,006,749 |