# Minerals Technologies INC. DB Plan
Source: https://planprovider.pro/companies/minerals-technologies-inc-plan-001

> Minerals Technologies INC.'s DB plan: 270 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Minerals Technologies INC.

- **Sponsor EIN:** 251190717

- **Sponsor Address:** 622 THIRD AVE., NEW YORK, NY, 10017

- **Plan Type:** DB

- **Total Participants:** 270

- **Total Assets:** $182.8M

## 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|270|$182.8M|$3.8M|$0|

| 2023|306|$167.1M|$5.0M|$0|

| 2022|332|$149.0M|$4.0M|$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|

| JOHN HANCOCK|RETAINED BY CLIENT|$130,784|—|$130,784|

| FIDUCIARY PLAN PARTNERS, LLC|RETAINED BY CLIENT|$13,125|—|$13,125|

| PLANTE MORAN, P.C.|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [JOHN HANCOCK](https://planprovider.pro/provider/john-hancock) — RETAINED BY CLIENT

- [FIDUCIARY PLAN PARTNERS, LLC](https://planprovider.pro/provider/fiduciary-pension-partners) — RETAINED BY CLIENT

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $143,909

- **Estimated Expense Ratio:** 0.079% 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|$290,561|$13,125|$130,784|—|—|

| 2023|$1,174,789|$17,500|$114,617|$30,500|—|

| 2022|$1,199,554|$17,500|$108,032|—|$26,500|

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