Plan Snapshot
- Plan Sponsor: Mercedes-Benz Usa, LLC
- Sponsor EIN: 222375138
- Sponsor Address: ONE MERCEDES-BENZ DRIVE, SANDY SPRINGS, GA, 30328
- Plan Type: 401(k)
- Total Participants: 3,490
- Total Assets: $984.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 3,490 | $984.3M | $44.7M | $37.7M |
| 2023 | 3,563 | $845.1M | $40.6M | $34.8M |
| 2022 | 3,430 | $700.4M | $35.8M | $32.4M |
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 | RECORDKEEPING | $349,578 | — | $349,578 |
| MERCER | CONSULTANT | $270,585 | — | $270,585 |
| VOYA M | INVEST ADVISOR | $91,222 | — | $91,222 |
| MORNINGSTAR | INVEST ADVISOR | $70,610 | — | $70,610 |
| KILPATRICK TOWNSEND | ATTORNEY | $49,771 | — | $49,771 |
| WARREN AVERETT | AUDITOR | $15,500 | — | $15,500 |
| WARREN AVERETT CPAS AND ADVISORS | Auditor | $15,500 | — | $15,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WARREN AVERETT — AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $862,766
- Estimated Expense Ratio: 0.088% 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 | $847,268 | $161,833 | $23,025 | $15,500 | — |
| 2023 | $827,654 | $130,765 | $21,150 | $15,500 | — |
| 2022 | $634,152 | — | — | — | — |