Plan Snapshot
- Plan Sponsor: Sylvamo North America, LLC
- Sponsor EIN: 472346896
- Sponsor Address: 6077 PRIMACY PKWY, MEMPHIS, TN, 38119
- Plan Type: DB
- Total Participants: 780
- Total Assets: $197.0M
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 | 780 | $197.0M | $6.5M | $0 |
| 2023 | 818 | $195.2M | $161,952 | $0 |
| 2022 | 833 | $176.3M | $50,286 | $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 |
|---|---|---|---|---|
| PNC BANK, NATIONAL ASSOCIATION | TRUSTEE | $383,319 | — | $383,319 |
| ALIGHT SOLUTIONS LLC | NONE | $204,510 | — | $204,510 |
| WILLIS TOWERS WATSON US LLC | NONE | $152,029 | — | $152,029 |
| DELOITTE & TOUCHE LLP | NONE | $56,896 | — | $56,896 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT SOLUTIONS LLC — NONE
- WILLIS TOWERS WATSON US LLC — NONE
- DELOITTE & TOUCHE LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $796,754
- Estimated Expense Ratio: 0.405% 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 | $889,068 | $152,029 | — | $56,896 | — |
| 2023 | $1,159,226 | $159,838 | — | $82,161 | — |
| 2022 | $741,858 | $223,832 | — | — | $160,687 |