Plan Snapshot
- Plan Sponsor: Stagwell Global LLC
- Sponsor EIN: 871877859
- Sponsor Address: 1808 I STREET NW 6TH FLOOR, WASHINGTON, DC, 20006
- Plan Type: 401(k)
- Total Participants: 6,235
- Total Assets: $678.0M
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: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 6,235 | $678.0M | $14.0M | $50.3M |
| 2023 | 6,347 | $594.7M | $17.1M | $51.8M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $1,383,333 | $820 | $1,384,153 |
| MML INVESTORS SERVICES LLC | INVESTMENT ADVISORY | — | $632,344 | $632,344 |
| NATIONAL BENEFIT SERVICES | CONTRACT ADMINISTRATOR | $312,876 | $267,185 | $580,061 |
| PENSION ASSURANCE LLP | ACCOUNTANT | — | $50,000 | $50,000 |
| PENSION ASSURANCE LLP | CONTRACT ADMINISTRATOR | $49,908 | — | $49,908 |
| ANDREWS HOOPER PAVLIK PLC | ACCOUNTANT | — | $17,130 | $17,130 |
| CBIZ CPAS PC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MML INVESTORS SERVICES LLC — INVESTMENT ADVISORY
- PENSION ASSURANCE LLP — ACCOUNTANT
- PENSION ASSURANCE LLP — CONTRACT ADMINISTRATOR
- ANDREWS HOOPER PAVLIK PLC — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,713,596
- Estimated Expense Ratio: 0.400% 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 | $1,746,117 | — | $1,746,117 | — | — |
| 2023 | $1,945,555 | $6,628 | $1,753,025 | $185,902 | — |