# Kraft Heinz Foods Company 401(k) Plan
Source: https://planprovider.pro/companies/kraft-heinz-foods-company-401k-plan-011

> Kraft Heinz Foods Company's 401(k) plan: 3,640 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:** 3,640

- **Total Assets:** $311.0M

## 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|3,640|$311.0M|$10.3M|$15.2M|

| 2023|3,754|$300.2M|$9.3M|$14.6M|

| 2022|3,778|$275.7M|$7.8M|$14.0M|

## 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|

| FIDELITY INVESTMENTS INSTITUTIONAL|RECORDKEEPER|$118,081|—|$118,081|

| STRATEGIC ADVISORS, INC.|ADVISOR|$73,659|—|$73,659|

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

| MERCER INVESTMENTS LLC|INVESTMENT ADVISOR|$19,240|—|$19,240|

| MORGAN LEWIS & BOCKIUS LLP|ATTORNEY/LEGAL|$11,026|—|$11,026|

### Verified Provider Profiles

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

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

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

- [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:** $273,406

- **Estimated Expense Ratio:** 0.088% 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|$281,063|$92,899|$600|$51,400|—|

| 2023|$289,285|$90,366|$600|$49,000|—|

| 2022|$364,939|$63,655|—|—|—|

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