Plan Snapshot
- Plan Sponsor: Mativ Holdings, INC.
- Sponsor EIN: 621612879
- Sponsor Address: 100 KIMBALL PLACE , SUITE 600, ALPHARETTA, GA, 300092599
- Plan Type: 401(k)
- Total Participants: 2,682
- Total Assets: $508.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 2,682 | $508.1M | $12.5M | $19.5M |
| 2023 | 3,780 | $486.2M | $2.7M | $5.1M |
| 2022 | 1,073 | $74.6M | $2.1M | $3.7M |
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 |
|---|---|---|---|---|
| VANGUARD | RETAINED BY EMPLOYER | $149,603 | — | $149,603 |
| WARREN AVERETT LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WARREN AVERETT LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $149,603
- Estimated Expense Ratio: 0.029% 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 | $149,603 | — | — | — | — |
| 2023 | $132,769 | — | — | — | — |
| 2022 | $95,896 | — | — | — | — |