Plan Snapshot
- Plan Sponsor: Nestle Usa, INC. Savings Plan Administration
- Sponsor EIN: 951572209
- Sponsor Address: 30500 BAINBRIDGE ROAD, SOLON, OH, 441392216
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 0
- Total Assets: $7.6B
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 | 0 | $7.6B | $0 | $0 |
| 2023 | 0 | $6.9B | $0 | $0 |
| 2022 | 0 | $5.9B | $0 | $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 |
|---|---|---|---|---|
| VOYA INSTITUTIONAL PLAN SERVICES | Other Service Provider | $2,363,231 | — | $2,363,231 |
| BLACKROCK INSTITUTIONAL TRUST CO. | Other Service Provider | — | $1,397,188 | $1,397,188 |
| INVESCO | Other Service Provider | — | $780,303 | $780,303 |
| NESTLE USA | Other Service Provider | $459,105 | — | $459,105 |
| NORTHERN TRUST COMPANY | Other Service Provider | $381,032 | $35,563 | $416,595 |
| FINANCIAL FINESSE | Other Service Provider | $205,200 | — | $205,200 |
| CALFEE, HALTER & GRISWOLD, LLP | Other Service Provider | $129,840 | — | $129,840 |
| WILLIS TOWERS WATSON | Recordkeeper | $127,048 | — | $127,048 |
| RUSSELL INVESTMENTS | Investment Advisor | $117,746 | — | $117,746 |
| ERNST & YOUNG | Auditor | $55,332 | — | $55,332 |
| HUELER INVESTMENT SERVICES, INC. | Other Service Provider | $25,000 | — | $25,000 |
| ALVAREZ AND MARSAL TAX | Other Service Provider | $9,189 | — | $9,189 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWERS WATSON — Recordkeeper
- RUSSELL INVESTMENTS — Investment Advisor
- ERNST & YOUNG — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $6,085,777
- Estimated Expense Ratio: 0.080% 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 | $6,085,777 | $2,652,485 | $2,363,231 | — | — |
| 2023 | $6,151,451 | $2,819,288 | $2,212,727 | — | — |
| 2022 | $5,699,717 | $2,552,594 | $1,985,565 | — | $493,655 |