Plan Snapshot
- Plan Sponsor: Mercedes-Benz Financial Services Usa LLC
- Sponsor EIN: 208653034
- Sponsor Address: 35555 W 12 MILE RD, FARMINGTON HILLS, MI, 48331
- Plan Type: DC
- Plan Number: 001
- Total Participants: 655
- Total Assets: $93.4M
Key Plan Design Features
- Auto-Enrollment: No
- 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. |
|---|---|---|---|---|
| 2025 | 655 | $93.4M | $0 | $0 |
| 2024 | 487 | $84.6M | $4.7M | $0 |
| 2023 | 496 | $74.4M | $4.5M | $0 |
| 2022 | 522 | $65.9M | $4.2M | $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 |
|---|---|---|---|---|
| FIDUCIENT | Investment Advisor | $73,125 | — | $73,125 |
| VOYA INSTITUTIONAL PLAN SERVICES | Recordkeeper | $42,329 | — | $42,329 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $115,454
- Estimated Expense Ratio: 0.124% 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 |
|---|---|---|---|---|---|
| 2025 | $8,670,360 | $7,068 | — | — | — |
| 2024 | $124,104 | $5,257 | — | — | — |
| 2023 | $60,374 | — | — | — | — |
| 2022 | $51,320 | — | — | — | $51,320 |