Plan Snapshot
- Plan Sponsor: Multiplan, INC.
- Sponsor EIN: 133068979
- Sponsor Address: 535 EAST DIEHL ROAD, NAPERVILLE, IL, 60563
- Plan Type: 401(k)
- Total Participants: 2,790
- Total Assets: $422.6M
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 | 2,790 | $422.6M | $4.8M | $20.8M |
| 2023 | 2,778 | $373.9M | $4.2M | $18.5M |
| 2022 | 2,519 | $317.5M | $3.5M | $15.8M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $482,782 | — | $482,782 |
| MMA SECURITIES LLC | CONSULTANT | $68,083 | — | $68,083 |
| PRICEWATERHOUSECOOPERS | ACCOUNTANT | $60,000 | — | $60,000 |
| CENTURION GROUP, LLC | INVESTMENT MANAGEMENT | $13,042 | — | $13,042 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MMA SECURITIES LLC — CONSULTANT
- PRICEWATERHOUSECOOPERS — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $623,907
- Estimated Expense Ratio: 0.148% 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 | $623,907 | $13,042 | $482,782 | $60,000 | — |
| 2023 | $829,203 | $12,662 | $816,541 | — | — |
| 2022 | $410,612 | $28,493 | $382,119 | — | — |