Plan Snapshot
- Plan Sponsor: Motorola Solutions, INC.
- Sponsor EIN: 361115800
- Sponsor Address: 500 W. MONROE, 43RD FLOOR, CHICAGO, IL, 60661
- Plan Type: 401(k)
- Total Participants: 10,200
- Total Assets: $6.5B
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 | 10,200 | $6.5B | $50.0M | $111.8M |
| 2023 | 9,780 | $6.0B | $46.4M | $105.0M |
| 2022 | 9,365 | $5.3B | $43.0M | $95.4M |
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 RETIREMENT ADVISORS, LLC | INVEST ADVISOR | $1,924,044 | — | $1,924,044 |
| NORTHERN TRUST COMPANY | TRUSTEE | $944,515 | — | $944,515 |
| VOYA INSTITUTIONAL PLAN SERVICES | RECORD KEEPER | $772,938 | — | $772,938 |
| MERCER INVESTMENT CONSULTING | NONE | $125,763 | — | $125,763 |
| WINSTON AND STRAWN | ATTORNEY | $50,897 | — | $50,897 |
| CROWE LLC | NONE | $47,000 | — | $47,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- VOYA RETIREMENT ADVISORS, LLC — INVEST ADVISOR
- WINSTON AND STRAWN — ATTORNEY
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,865,157
- Estimated Expense Ratio: 0.059% 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 | $3,031,999 | $2,049,807 | $40,762 | $47,000 | — |
| 2023 | $3,721,962 | $1,905,014 | — | $47,000 | — |
| 2022 | $3,694,000 | — | — | — | — |