Plan Snapshot
- Plan Sponsor: Newell Operating Company
- Sponsor EIN: 361953130
- Sponsor Address: 5 CONCOURSE PARKWAY NE, ATLANTA, GA, 303285350
- Plan Type: DB
- Total Participants: 864
- Total Assets: $634.8M
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 | 864 | $634.8M | $0 | $0 |
| 2023 | 1,032 | $675.8M | $0 | $0 |
| 2022 | 1,241 | $843.9M | $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 |
|---|---|---|---|---|
| CONDUENT HR SERVICES, LLC | Other Service Provider | $698,788 | — | $698,788 |
| NEW YORK LIFE INVESTMENT MANAGEMENT | Other Service Provider | $406,000 | — | $406,000 |
| MERCER | Other Service Provider | $298,945 | — | $298,945 |
| NORTHERN TRUST COMPANY | Other Service Provider | $258,871 | — | $258,871 |
| NISA INVESTMENT ADVISORS | Other Service Provider | $199,592 | — | $199,592 |
| INCOME RESEARCH & MANAGEMENT COLLEC | Other Service Provider | $107,555 | — | $107,555 |
| BLACKROCK | Other Service Provider | $89,073 | — | $89,073 |
| BLACKROCK | Other Service Provider | $88,470 | — | $88,470 |
| FISHER & PHILLIPS | Other Service Provider | $63,589 | — | $63,589 |
| FORVIS MAZARS, LLP | Auditor | $62,160 | — | $62,160 |
| STATE STREET RESEARCH & MANAGEMENT | Other Service Provider | $25,687 | — | $25,687 |
| ATESSA BENEFITS, INC. | Other Service Provider | $14,325 | — | $14,325 |
| NEWELL | Other Service Provider | $13,561 | — | $13,561 |
| JOHN HANCOCK MUTUAL LIFE INS.CO. | Recordkeeper | $12,309 | — | $12,309 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP — Auditor
- JOHN HANCOCK MUTUAL LIFE INS.CO. — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,338,925
- Estimated Expense Ratio: 0.368% 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 | $3,461,102 | $501,180 | $78,900 | — | — |
| 2023 | $6,262,061 | $910,627 | $13,800 | $62,034 | — |
| 2022 | $4,233,111 | $471,822 | $1,048,204 | — | $883,078 |