Plan Snapshot
- Plan Sponsor: Rio Tinto America INC.
- Sponsor EIN: 113359689
- Sponsor Address: 4700 DAYBREAK PARKWAY, SOUTH JORDAN, UT, 84009
- Plan Type: 401(k)
- Total Participants: 2,148
- Total Assets: $687.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 2,148 | $687.0M | $28.2M | $19.4M |
| 2023 | 1,926 | $614.8M | $25.5M | $17.0M |
| 2022 | 1,773 | $516.5M | $20.8M | $14.2M |
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 |
|---|---|---|---|---|
| MORGAN, LEWIS & BOCKIUS LLP | NONE | $63,675 | — | $63,675 |
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $62,112 | — | $62,112 |
| BDO USA, P.C. | NONE | $31,348 | — | $31,348 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN, LEWIS & BOCKIUS LLP — NONE
- BDO USA, P.C. — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $157,135
- Estimated Expense Ratio: 0.023% 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 | $157,135 | — | — | $31,348 | — |
| 2023 | $203,894 | — | — | $29,955 | — |
| 2022 | $193,497 | — | $120,829 | — | $67,297 |