Plan Snapshot
- Plan Sponsor: The Prudential Insurance Company Of America
- Sponsor EIN: 221211670
- Sponsor Address: 751 BROAD STREET, 21ST FLOOR, NEWARK, NJ, 071023777
- Plan Type: 401(k)
- Plan Number: 501
- Total Participants: 15,824
- Total Assets: $120.8M
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 | 15,824 | $120.8M | $230.6M | $84.6M |
| 2023 | 16,596 | $128.6M | $227.7M | $85.2M |
| 2022 | 16,440 | $133.3M | $198.3M | $83.6M |
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 |
|---|---|---|---|---|
| WEBTPA | Other Service Provider | $9,830,965 | — | $9,830,965 |
| OPTUMRX | Other Service Provider | $707,311 | — | $707,311 |
| CONNECTICUT GENERAL LIFE INS CO | Other Service Provider | $681,960 | — | $681,960 |
| PRUDENTIAL TRUST COMPANY | Custodian / Trustee | $80,730 | — | $80,730 |
| PRUDENTIAL TRUST COMPANY | Custodian / Trustee | $19,145 | — | $19,145 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $11,320,111
- Estimated Expense Ratio: 9.368% 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 | $11,702,279 | — | $11,702,279 | — | — |
| 2023 | $12,176,100 | — | $12,176,100 | — | — |
| 2022 | $10,705,766 | — | $10,705,766 | — | — |