Employers › Kraft Heinz Foods › plan 009
Recordkeeping fees per participant · Kraft Heinz Savings Plan · plan year 2024
$14.44
Higher than 18% of the 790 plans over $1B that report it.
= $343,077 / 23,766
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250729094559NAL0003051297001, received 2025-07-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250729094559NAL0003051297001, received 2025-07-29
Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-07-29.
Administrative expenses excluding investment management, per participant
$19.11
Higher than 17% of the 1,045 plans over $1B that report it.
= $454,071 / 23,766
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250729094559NAL0003051297001, received 2025-07-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250729094559NAL0003051297001, received 2025-07-29
Administrative expenses per participant
$50.37
Higher than 30% of the 1,076 plans over $1B that report it.
= $1,197,016 / 23,766
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250729094559NAL0003051297001, received 2025-07-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250729094559NAL0003051297001, received 2025-07-29
Administrative expenses as a share of assets
0.033%
Higher than 34% of the 1,076 plans over $1B that report it.
= $1,197,016 / $3,645,381,031
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250729094559NAL0003051297001, received 2025-07-29
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250729094559NAL0003051297001, received 2025-07-29
Employer contributions per participant
$3,212
Higher than 41% of the 1,135 plans over $1B that report it.
= $76,333,197 / 23,766
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250729094559NAL0003051297001, received 2025-07-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250729094559NAL0003051297001, received 2025-07-29
Employer share of total contributions
39.8%
Higher than 74% of the 1,135 plans over $1B that report it.
= $76,333,197 / $191,898,230
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250729094559NAL0003051297001, received 2025-07-29
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250729094559NAL0003051297001, received 2025-07-29
98.2% of this plan's assets are held in a master trust. Costs reported at the trust level and allocated by the plan's share: administrative expenses $328,011 ($64.17 per participant including the plan's own Schedule H). Benchmarks and percentiles use the plan's own Schedule H only.
2T default investment (QDIA) · 2S pre-approved plan document · 2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250729094559NAL0003051297001, received 2025-07-29
| Field | Value | Source |
|---|---|---|
| Plan sponsor | KRAFT HEINZ FOODS COMPANY | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250729094559NAL0003051297001, received 2025-07-29 |
| Plan name | KRAFT HEINZ SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250729094559NAL0003051297001, received 2025-07-29 |
| Sponsor EIN / plan number | 25-0542520 / 009 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250729094559NAL0003051297001, received 2025-07-29 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250729094559NAL0003051297001, received 2025-07-29 |
| Sponsor location | PITTSBURGH, PA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250729094559NAL0003051297001, received 2025-07-29 |
| Industry (business code) | 311400, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250729094559NAL0003051297001, received 2025-07-29 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250729094559NAL0003051297001, received 2025-07-29 |
| Filing received | 2025-07-29 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250729094559NAL0003051297001, received 2025-07-29 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250729094559NAL0003051297001, received 2025-07-29 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250729094559NAL0003051297001, received 2025-07-29 |
| Participants, beginning of year | 24,941 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250729094559NAL0003051297001, received 2025-07-29 |
| Active participants | 13,247 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250729094559NAL0003051297001, received 2025-07-29 |
| Participants, end of year | 24,108 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250729094559NAL0003051297001, received 2025-07-29 |
| Participants with an account balance | 23,766 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250729094559NAL0003051297001, received 2025-07-29 |
| Total assets, beginning of year | $3,473,750,387 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250729094559NAL0003051297001, received 2025-07-29 |
| Total assets, end of year | $3,645,381,031 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250729094559NAL0003051297001, received 2025-07-29 |
| Net assets, end of year | $3,645,257,297 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250729094559NAL0003051297001, received 2025-07-29 |
| Total income | $580,408,390 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250729094559NAL0003051297001, received 2025-07-29 |
| Net income | $170,234,022 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250729094559NAL0003051297001, received 2025-07-29 |
| Employer contributions | $76,333,197 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250729094559NAL0003051297001, received 2025-07-29 |
| Participant contributions | $101,210,263 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250729094559NAL0003051297001, received 2025-07-29 |
| Other contributions (incl. rollovers) | $14,354,770 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250729094559NAL0003051297001, received 2025-07-29 |
| Total contributions | $191,898,230 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250729094559NAL0003051297001, received 2025-07-29 |
| Benefit payments | $408,626,733 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250729094559NAL0003051297001, received 2025-07-29 |
| Total expenses (incl. benefit payments) | $410,174,368 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250729094559NAL0003051297001, received 2025-07-29 |
| Total administrative expenses | $1,197,016 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250729094559NAL0003051297001, received 2025-07-29 |
| Contract administrator fees | $11,100 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250729094559NAL0003051297001, received 2025-07-29 |
| Recordkeeping fees | $343,077 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250729094559NAL0003051297001, received 2025-07-29 |
| IQPA audit fees | $51,400 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250729094559NAL0003051297001, received 2025-07-29 |
| Investment advisory and management fees | $742,945 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250729094559NAL0003051297001, received 2025-07-29 |
| Administrative expenses excluding investment management | $454,071 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250729094559NAL0003051297001, received 2025-07-29 |
| Held in master trusts | $3,581,424,200 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250729094559NAL0003051297001, received 2025-07-29 |
| Held in common/collective trusts | $0 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250729094559NAL0003051297001, received 2025-07-29 |
| Held in mutual funds | $0 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250729094559NAL0003051297001, received 2025-07-29 |
| Independent auditor | CROWE LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250729094559NAL0003051297001, received 2025-07-29 |
Position = column in the DOL layout for form year 2024. Filing 20250729094559NAL0003051297001, received 2025-07-29.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $647,566 | no |
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 64 Recordkeeping fees; 65 Account maintenance fees | $354,177 | no |
| MERCER INVESTMENTS LLC | INVESTMENT ADVISOR | 27 Investment advisory (plan) | $95,379 | no |
| CROWE LLP | ACCOUNTANT/AUDITOR | 10 Accounting (including auditing) | $51,400 | no |
| MORGAN LEWIS & BOCKIUS LLP | ATTORNEY/LEGAL | 29 Legal | $8,452 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250729094559NAL0003051297001, received 2025-07-29.
KRAFT HEINZ DC MASTER TRUST (EIN 250542520, PN 027): plan interest $3,581,424,200, 92.1% of the trust. The trust's own filing (20250729094725NAL0003053873001, received 2025-07-29) reports net assets $3,886,979,873, administrative expenses $355,996, recordkeeping fees $0, investment management fees $295,996 and 0 Schedule C providers.
Schedule D Part I of the plan's filing; the trust's Schedule H and Schedule C. Allocation = the plan's interest divided by the trust's net assets.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $3,473,750,387 | $3,645,381,031 | 4.9% |
| Participants with a balance | 24,632 | 23,766 | -3.5% |
| Administrative expenses | $1,189,536 | $1,197,016 | 0.6% |
| Recordkeeping fees per participant | $17.68 | $14.44 | -18.4% |
| Employer contributions | $73,157,450 | $76,333,197 | 4.3% |
Prior filing 20240808122931NAL0005044017001, received 2024-08-08; the plan years are contiguous.