Plan Snapshot
- Plan Sponsor: Sysco Corporation
- Sponsor EIN: 741648137
- Sponsor Address: 1390 ENCLAVE PARKWAY, HOUSTON, TX, 770772099
- Plan Type: DB
- Total Participants: 9,038
- Total Assets: $2.5B
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 | 9,038 | $2.5B | $14.0M | $0 |
| 2023 | 9,955 | $2.7B | $19.0M | $0 |
| 2022 | 10,406 | $2.6B | $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 |
|---|---|---|---|---|
| WILLIS TOWER WATSON | Actuary | $1,991,304 | — | $1,991,304 |
| NISA INVESTMENT ADVISORS | Other Service Provider | $1,087,568 | — | $1,087,568 |
| NORTHERN TRUST COMPANY | Custodian / Trustee | $447,072 | — | $447,072 |
| LEGG MASON INC & SUBS | Other Service Provider | $414,713 | — | $414,713 |
| METROPOLITAN LIFE INSURANCE COMPANY | Insurance Carrier | $329,050 | — | $329,050 |
| ACADIAN ASSET MANAGEMENT | Other Service Provider | $68,478 | — | $68,478 |
| BRIDGEWAY CAPITAL MANAGEMENT, INC | Other Service Provider | $45,508 | — | $45,508 |
| STATE STREET BANK & TRUST CO | Other Service Provider | $30,545 | — | $30,545 |
| MELTON & MELTON, LLP | Auditor | $28,500 | — | $28,500 |
| WEAVER & TIDWELL LLP | Auditor | $8,961 | — | $8,961 |
| MERCER | Actuary | $6,678 | — | $6,678 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWER WATSON — Actuary
- MELTON & MELTON, LLP — Auditor
- WEAVER & TIDWELL LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,458,377
- Estimated Expense Ratio: 0.180% 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 | $9,524,735 | $7,517,721 | $32,400 | — | — |
| 2023 | $15,375,805 | $11,007,438 | $4,500 | — | — |
| 2022 | $16,279,314 | $5,342,924 | — | — | $2,600,324 |