Plan Snapshot
- Plan Sponsor: Schneider Electric Holdings, INC.
- Sponsor EIN: 364141566
- Sponsor Address: 1111 PASQUINELLI DRIVE, WESTMONT, IL, 60559
- Plan Type: DB
- Total Participants: 371
- Total Assets: $48.2M
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 | 371 | $48.2M | $0 | $0 |
| 2023 | 1,602 | $786.1M | $210.0M | $0 |
| 2022 | 1,688 | $568.2M | $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 |
|---|---|---|---|---|
| MERCER (US), INC | NONE | $1,884,889 | — | $1,884,889 |
| ALIGHT SOLUTIONS LLC | NONE | $1,498,914 | — | $1,498,914 |
| COVINGTON & BURLING LLP | NONE | $778,506 | — | $778,506 |
| BAKER TILLY US LLP | NONE | $33,075 | — | $33,075 |
| CROWE LLP | NONE | $7,875 | — | $7,875 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT SOLUTIONS LLC — NONE
- COVINGTON & BURLING LLP — NONE
- BAKER TILLY US LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,203,259
- Estimated Expense Ratio: 8.726% 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 | $4,872,169 | $657,449 | — | $40,950 | — |
| 2023 | $6,533,463 | $945,311 | — | $50,125 | — |
| 2022 | $6,230,599 | $1,339,262 | $250,433 | — | — |