Plan Snapshot
- Plan Sponsor: Vertiv Group Corporation
- Sponsor EIN: 813496944
- Sponsor Address: 505 N. CLEVELAND AVENUE, WESTERVILLE, OH, 43082
- Plan Type: 401(k)
- Total Participants: 4,421
- Total Assets: $1.1B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 4,421 | $1.1B | $11.0M | $35.9M |
| 2023 | 3,650 | $950.1M | $10.1M | $32.4M |
| 2022 | 3,916 | $775.3M | $9.3M | $31.2M |
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 |
|---|---|---|---|---|
| ERNST & YOUNG LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ERNST & YOUNG LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $826,754 | — | — | — | — |
| 2023 | $883,083 | — | — | — | — |
| 2022 | $773,791 | — | — | — | — |