Plan Snapshot
- Plan Sponsor: The Procter & Gamble Company
- Sponsor EIN: 310411980
- Sponsor Address: PROCTER AND GAMBLE TAX DIVISION, CINCINNATI, OH, 45201
- Plan Type: 401(k)
- Plan Number: 503
- Total Participants: 27,006
- Total Assets: $82.0M
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 | 27,006 | $82.0M | $403.2M | $113.1M |
| 2023 | 26,042 | $79.1M | $358.1M | $115.9M |
| 2022 | 24,952 | $75.6M | $342.1M | $115.4M |
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 |
|---|---|---|---|---|
| UNITED HEALTHCARE INSURANCE COMPANY | Other Service Provider | $22,159,476 | — | $22,159,476 |
| CIGNA HEALTH & LIFE INSURANCE | Other Service Provider | $2,716,503 | — | $2,716,503 |
| BEST DOCTORS | Other Service Provider | $642,360 | — | $642,360 |
| METROPOLITAN LIFE INSURANCE COMPANY | Other Service Provider | $319,710 | — | $319,710 |
| SSDC SERVICES CORP. | Other Service Provider | $100,550 | — | $100,550 |
| NORTHERN TRUST | Other Service Provider | $20,101 | — | $20,101 |
| CITIBANK | Other Service Provider | $8,870 | — | $8,870 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $25,967,570
- Estimated Expense Ratio: 31.651% 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 | $27,375,720 | — | — | — | — |
| 2023 | $22,962,958 | — | — | — | — |
| 2022 | $22,742,858 | — | — | — | $32,067 |