# Kraft Heinz Foods Company 401(k) Plan
Source: https://planprovider.pro/companies/kraft-heinz-foods-company-401k-plan-009

> Kraft Heinz Foods Company's 401(k) plan: 13,247 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:** ONE PPG PLACE, PITTSBURGH, PA, 15222

- **Plan Type:** 401(k)

- **Total Participants:** 13,247

- **Total Assets:** $3.6B

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|13,247|$3.6B|$76.3M|$101.2M|

| 2023|13,335|$3.5B|$73.2M|$96.1M|

| 2022|14,168|$3.2B|$69.2M|$92.8M|

## 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|

| STRATEGIC ADVISORS, INC.|ADVISOR|$647,566|—|$647,566|

| FIDELITY INVESTMENTS INSTITUTIONAL|RECORDKEEPER|$354,177|—|$354,177|

| MERCER INVESTMENTS LLC|INVESTMENT ADVISOR|$95,379|—|$95,379|

| CROWE LLP|ACCOUNTANT/AUDITOR|$51,400|—|$51,400|

| MORGAN LEWIS & BOCKIUS LLP|ATTORNEY/LEGAL|$8,452|—|$8,452|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [STRATEGIC ADVISORS, INC.](https://planprovider.pro/provider/creative-planning) — ADVISOR

- [FIDELITY INVESTMENTS INSTITUTIONAL](https://planprovider.pro/provider/fidelity-investments) — RECORDKEEPER

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

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $1,156,974

- **Estimated Expense Ratio:** 0.032% 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|$1,197,016|$742,945|$11,100|$51,400|—|

| 2023|$1,189,536|$680,555|$9,300|$49,000|—|

| 2022|$1,291,192|$542,802|—|—|—|

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