Plan Snapshot
- Plan Sponsor: Visteon Corporation
- Sponsor EIN: 383519512
- Sponsor Address: ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP, MI, 481115711
- Plan Type: DB
- Total Participants: 100
- Total Assets: $485.4M
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 | 100 | $485.4M | $34.9M | $0 |
| 2023 | 113 | $504.1M | $1.1M | $0 |
| 2022 | 128 | $529.4M | $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 TOWERS WATSON U.S. LLC | Recordkeeper | $785,460 | — | $785,460 |
| TOWERS WATSON INVESTMENT SERVICES | Other Service Provider | $767,026 | — | $767,026 |
| WELLINGTON TRUST COMPANY | Other Service Provider | $158,337 | — | $158,337 |
| THE NORTHERN TRUST COMPANY | Other Service Provider | $141,378 | — | $141,378 |
| BLACKROCK | Other Service Provider | $71,833 | — | $71,833 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWERS WATSON U.S. LLC — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,924,034
- Estimated Expense Ratio: 0.396% 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 | $6,919,295 | $997,196 | — | — | — |
| 2023 | $6,507,393 | $1,259,349 | — | — | — |
| 2022 | $6,434,924 | $642,223 | — | — | $1,237,661 |