Plan Snapshot
- Plan Sponsor: Mercedes-Benz U.S. International, INC.
- Sponsor EIN: 363879353
- Sponsor Address: 1 MERCEDES DRIVE, VANCE, AL, 35490
- Plan Type: 401(k)
- Total Participants: 6,107
- Total Assets: $1.2B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 6,107 | $1.2B | $46.3M | $37.7M |
| 2023 | 6,167 | $1.1B | $41.9M | $33.2M |
| 2022 | 6,433 | $930.4M | $37.8M | $31.0M |
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 |
|---|---|---|---|---|
| VOYA INSTITUTIONAL PLAN SERVICES | Other Service Provider | $607,528 | — | $607,528 |
| VOYA RETIREMENT ADVISORS, LLC | Recordkeeper | $302,413 | — | $302,413 |
| R.V. KUHNS & ASSOCIATES, INC. | Investment Advisor | $108,967 | — | $108,967 |
| SSGA | Other Service Provider | $6,998 | — | $6,998 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- VOYA RETIREMENT ADVISORS, LLC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,025,906
- Estimated Expense Ratio: 0.083% 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 | $1,436,818 | $309,411 | $264,475 | — | — |
| 2023 | $1,443,716 | $283,500 | $223,195 | — | — |
| 2022 | $816,409 | — | — | — | — |