Plan Snapshot
- Plan Sponsor: The Sherwin-Williams Company
- Sponsor EIN: 340526850
- Sponsor Address: 101 PROSPECT AVENUE N.W., CLEVELAND, OH, 441151075
- Plan Type: 401(k)
- Total Participants: 47,319
- Total Assets: $10.6B
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 47,319 | $10.6B | $160.3M | $277.6M |
| 2023 | 47,459 | $10.1B | $149.9M | $257.7M |
| 2022 | 47,362 | $8.3B | $137.8M | $237.3M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | Other Service Provider | $951,339 | — | $951,339 |
| FIDELITY INV INST OPS CO, INC | Other Service Provider | $742,006 | — | $742,006 |
| QDRO CONSULTANTS | Other Service Provider | $16,450 | — | $16,450 |
| CROWE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS, INC. — Other Service Provider
- FIDELITY INV INST OPS CO, INC — Other Service Provider
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,709,795
- Estimated Expense Ratio: 0.016% 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 | $2,642,321 | $951,339 | $16,450 | — | — |
| 2023 | $2,939,373 | $960,918 | $21,000 | — | — |
| 2022 | $2,767,519 | $868,107 | — | — | — |