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)
- Plan Number: 002
- Total Participants: 4,952
- Total Assets: $1.1B
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. |
|---|---|---|---|---|
| 2025 | 4,952 | $1.1B | $0 | $0 |
| 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 | Recordkeeper | $411,941 | — | $411,941 |
| MERCER | Other Service Provider | $394,378 | — | $394,378 |
| KILPATRICK TOWNSEND | ERISA Attorney | $97,449 | — | $97,449 |
| VOYA M | Investment Advisor | $74,419 | — | $74,419 |
| MORNINGSTAR | Investment Advisor | $57,015 | — | $57,015 |
| WARREN AVERETT | Auditor | $15,500 | — | $15,500 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,050,702
- Estimated Expense Ratio: 0.094% 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 | $107,413,651 | $131,435 | $22,875 | $15,500 | — |
| 2024 | $847,268 | $161,833 | $23,025 | $15,500 | — |
| 2023 | $827,654 | $130,765 | $21,150 | $15,500 | — |
| 2022 | $634,152 | — | — | — | — |