Plan Snapshot
- Plan Sponsor: Viatris Pharmaceuticals LLC
- Sponsor EIN: 660577291
- Sponsor Address: 1000 MYLAN BOULEVARD, CANONSBURG, PA, 15317
- Plan Type: DB
- Total Participants: 623
- Total Assets: $604.1M
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 | 623 | $604.1M | $5.9M | $0 |
| 2023 | 649 | $586.8M | $0 | $0 |
| 2022 | 714 | $555.5M | $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 |
|---|---|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER AND S | Investment Advisor | $800,677 | — | $800,677 |
| BANCO POPULAR DE PUERTO RICO | Custodian / Trustee | $603,478 | — | $603,478 |
| FIDELITY | Recordkeeper | $476,946 | — | $476,946 |
| MERCER | Actuary | $243,591 | — | $243,591 |
| BANK OF AMERICA | Custodian / Trustee | $60,774 | — | $60,774 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,185,466
- Estimated Expense Ratio: 0.362% 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 | $2,132,194 | $800,677 | — | — | — |
| 2023 | $2,196,808 | $712,749 | — | — | — |
| 2022 | $2,182,846 | — | — | — | $2,182,846 |