Plan Snapshot
- Plan Sponsor: Pitney Bowes INC.
- Sponsor EIN: 060495050
- Sponsor Address: 3001 SUMMER STREET, STAMFORD, CT, 06926
- Plan Type: DB
- Total Participants: 732
- Total Assets: $958.8M
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 | 732 | $958.8M | $0 | $0 |
| 2023 | 858 | $1.2B | $0 | $0 |
| 2022 | 971 | $1.2B | $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 |
|---|---|---|---|---|
| WILLIS TOWERS WATSON | NONE | $3,132,125 | — | $3,132,125 |
| NORTHERN TRUST COMPANY | NONE | $726,730 | — | $726,730 |
| PACIFIC INVESTMENT MANAGEMENT CO. | NONE | $692,648 | — | $692,648 |
| PRUDENTIAL INSURANCE COMPANY | NONE | $612,807 | — | $612,807 |
| SEI TRUST COMPANY | NONE | $424,169 | — | $424,169 |
| NISA INVESTMENT ADVISORS, LLC | NONE | $374,859 | — | $374,859 |
| LEGAL & GENERAL INVESTMENT MGMT | NONE | $199,073 | — | $199,073 |
| BECHER DELLA TORRE GITTO & CO. | NONE | $31,810 | — | $31,810 |
| MORGAN, LEWIS & BOCKIUS LLP | NONE | $21,976 | — | $21,976 |
| GOLDMAN SACHS ASSET MANAGEMENT, LP | NONE | $17,236 | — | $17,236 |
| CBIZ ADVISORS, LLC | NONE | $5,630 | — | $5,630 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWERS WATSON — NONE
- PRUDENTIAL INSURANCE COMPANY — NONE
- BECHER DELLA TORRE GITTO & CO. — NONE
- MORGAN, LEWIS & BOCKIUS LLP — NONE
- GOLDMAN SACHS ASSET MANAGEMENT, LP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $6,239,063
- Estimated Expense Ratio: 0.651% 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 | $8,523,445 | — | — | — | — |
| 2023 | $8,787,297 | — | — | — | — |
| 2022 | $7,422,407 | $3,191,758 | — | — | $2,135,638 |