Plan Snapshot
- Plan Sponsor: Ryder System, INC.
- Sponsor EIN: 590739250
- Sponsor Address: 6000 WINDWARD PARKWAY, ALPHARETTA, GA, 30005
- Plan Type: DB
- Total Participants: 1,874
- Total Assets: $1.2B
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 | 1,874 | $1.2B | $60.0M | $0 |
| 2023 | 2,321 | $1.3B | $50.0M | $0 |
| 2022 | 2,509 | $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 |
|---|---|---|---|---|
| WESTERN ASSET MGT | Investment Advisor | $823,717 | — | $823,717 |
| FIDELITY | Recordkeeper | $696,942 | — | $696,942 |
| PIMCO | Investment Advisor | $503,622 | — | $503,622 |
| METLIFE INVESTMENT MANAGEMENT | Investment Advisor | $435,017 | — | $435,017 |
| HEWITT ENNISKNUPP | Other Service Provider | $291,732 | — | $291,732 |
| INCOME RESEARCH MANAGEMENT (IRM) | Investment Advisor | $286,373 | — | $286,373 |
| TOWERS WATSON DELAWARE, INC. | Actuary | $273,997 | — | $273,997 |
| BNY MELLON ASSET SERVICING | Custodian / Trustee | $234,407 | — | $234,407 |
| RYDER SYSTEM, INC. | Other Service Provider | $102,613 | — | $102,613 |
| STATE STREET GLOBAL ADVISORS | Investment Advisor | $87,203 | — | $87,203 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- TOWERS WATSON DELAWARE, INC. — Actuary
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,735,623
- Estimated Expense Ratio: 0.308% 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 | $7,083,956 | $5,824,429 | $1,026,532 | — | — |
| 2023 | $11,247,772 | $10,010,520 | $1,024,743 | — | — |
| 2022 | $8,060,847 | — | $920,611 | — | $176,684 |