Plan Snapshot
- Plan Sponsor: Pactiv LLC
- Sponsor EIN: 362552989
- Sponsor Address: 1900 WEST FIELD COURT, LAKE FOREST, IL, 600454828
- Plan Type: DB
- Total Participants: 3,039
- Total Assets: $866.4M
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 | 3,039 | $866.4M | $0 | $0 |
| 2023 | 3,875 | $989.0M | $0 | $0 |
| 2022 | 4,379 | $935.4M | $188,376 | $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 | NONE | $2,913,852 | — | $2,913,852 |
| AON CONSULTING INC. | NONE | $335,275 | — | $335,275 |
| NORTHERN TRUST COMPANY | NONE | $201,455 | — | $201,455 |
| CROWE LLP | NONE | $149,756 | — | $149,756 |
| PENSION BENEFIT INFORMATION, LLC | NONE | $114,265 | — | $114,265 |
| BLOOMBERG FINANCE LP | NONE | $24,610 | — | $24,610 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AON CONSULTING INC. — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,739,213
- Estimated Expense Ratio: 0.432% 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 | $5,763,392 | — | $2,913,852 | $149,756 | — |
| 2023 | $5,679,015 | $205,885 | — | $688 | — |
| 2022 | $178,135 | — | — | — | $68,659 |