Plan Snapshot
- Plan Sponsor: Marsh & Mclennan Companies, INC.
- Sponsor EIN: 362668272
- Sponsor Address: 1166 AVE OF THE AMERICAS, 31ST FLR, NEW YORK, NY, 100362708
- Plan Type: DB
- Plan Number: 001
- Total Participants: 6,545
- Total Assets: $4.2B
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 | 6,545 | $4.2B | $0 | $0 |
| 2023 | 7,319 | $4.4B | $0 | $0 |
| 2022 | 7,766 | $4.3B | $0 | $0 |
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 |
|---|---|---|---|---|
| NORTHERN TRUST COMPANY | Other Service Provider | $2,745,383 | — | $2,745,383 |
| TELUS HEALTH (US) LTD. | Other Service Provider | $2,289,891 | — | $2,289,891 |
| HAMILTON LANE ADVISORS LLC | Other Service Provider | $1,550,000 | — | $1,550,000 |
| PRUDENTIAL BANK & TRUST COMPANY | Other Service Provider | $900,702 | — | $900,702 |
| PACIFIC INVESTMENT MANAGEMENT CO. | Other Service Provider | $607,401 | — | $607,401 |
| LOOMIS SAYLES | Other Service Provider | $484,850 | — | $484,850 |
| AQR CAPITAL MANAGEMENT LLC | Other Service Provider | $391,457 | — | $391,457 |
| NISA INVESTMENT ADVISORS L.L.C. | Other Service Provider | $343,593 | — | $343,593 |
| LOGAN CIRCLE PARTNERS, LP | Other Service Provider | $300,033 | — | $300,033 |
| JACOBS LEVY EQUITY MANAGEMENT INC. | Other Service Provider | $264,449 | — | $264,449 |
| WILLIAM BLAIR INVESTMENT MANAGEMENT | Other Service Provider | $203,938 | — | $203,938 |
| DELOITTE TAX LLP | Other Service Provider | $171,256 | — | $171,256 |
| BLACKROCK | Other Service Provider | $151,764 | — | $151,764 |
| PAAMCO | Other Service Provider | $83,908 | — | $83,908 |
| AETNA LIFE INSURANCE COMPANY | Other Service Provider | $82,492 | — | $82,492 |
| LSV ASSET MANAGEMENT | Other Service Provider | $44,573 | — | $44,573 |
| AMERICAN CENTURY INVESTMENT MANAGEM | Other Service Provider | $37,346 | — | $37,346 |
| GENERAL AMERICAN INVESTORS CO. | Other Service Provider | $35,265 | — | $35,265 |
| ACADIAN ASSET MANAGEMENT, LLC | Other Service Provider | $16,452 | — | $16,452 |
| STATE STREET GLOBAL ADVISORS TRUST | Other Service Provider | $16,003 | — | $16,003 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $10,720,756
- Estimated Expense Ratio: 0.258% 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 | $20,233,670 | $5,431,734 | $82,492 | $171,256 | — |
| 2023 | $39,259,195 | $8,115,508 | $71,579 | $180,435 | — |
| 2022 | $39,419,375 | $7,854,313 | — | — | $3,468,285 |