Plan Snapshot
- Plan Sponsor: Sysco Corporation
- Sponsor EIN: 741648137
- Sponsor Address: 1390 ENCLAVE PARKWAY, HOUSTON, TX, 770772099
- Plan Type: 401(k)
- Total Participants: 44,702
- Total Assets: $5.3B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 44,702 | $5.3B | $186.4M | $247.5M |
| 2023 | 44,285 | $4.6B | $169.8M | $225.7M |
| 2022 | 43,419 | $3.9B | $156.8M | $204.6M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $2,281,954 | — | $2,281,954 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $310,941 | — | $310,941 |
| MELTON & MELTON LLP | ACCOUNTANT/AUDITOR | $28,000 | — | $28,000 |
| MERCER (US) INC | INVESTMENT ADVISOR | $25,000 | — | $25,000 |
| WEAVER AND TIDWELL, L.L.P | ACCOUNTANT/AUDITOR | $5,511 | — | $5,511 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- MELTON & MELTON LLP — ACCOUNTANT/AUDITOR
- WEAVER AND TIDWELL, L.L.P — ACCOUNTANT/AUDITOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,651,406
- Estimated Expense Ratio: 0.050% 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 | $2,651,405 | $640,579 | $18,900 | $33,511 | — |
| 2023 | $2,256,707 | $549,277 | $13,500 | $15,450 | — |
| 2022 | $2,284,467 | $44,445 | — | — | — |