Plan Snapshot
- Plan Sponsor: Mativ Holdings, INC.
- Sponsor EIN: 621612879
- Sponsor Address: 100 KIMBALL PLACE, SUITE 600, ALPHARETTA, GA, 300092599
- Plan Type: DB
- Total Participants: 415
- Total Assets: $342.1M
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 | 415 | $342.1M | $0 | $0 |
| 2023 | 500 | $356.8M | $200,000 | $0 |
| 2022 | 594 | $349.3M | $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 |
|---|---|---|---|---|
| MERCER | INVESTMENT MANAGEMENT | $811,300 | — | $811,300 |
| ASCENSUS, INC. | ACTUARY | $121,300 | — | $121,300 |
| TRUIST | TRUSTEE | $101,765 | — | $101,765 |
| 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: $1,034,365
- Estimated Expense Ratio: 0.302% 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 | $1,411,280 | $811,299 | — | — | — |
| 2023 | $2,516,796 | $1,248,297 | — | — | — |
| 2022 | $664,766 | $104,208 | — | — | $485,318 |