Employers › Kraft Heinz Foods › plan 011
Recordkeeping fees per participant · Kraft Heinz Union Savings Plan · plan year 2024
$22.62
Higher than 19% of the 1,697 plans $250M to 1B that report it.
= $117,481 / 5,193
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250729094516NAL0005506738001, received 2025-07-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250729094516NAL0005506738001, received 2025-07-29
Percentiles compare this plan with the Schedule H plans $250M to 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
$36.23
Higher than 20% of the 2,324 plans $250M to 1B that report it.
= $188,164 / 5,193
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250729094516NAL0005506738001, received 2025-07-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250729094516NAL0005506738001, received 2025-07-29
Administrative expenses per participant
$54.12
Higher than 24% of the 2,405 plans $250M to 1B that report it.
= $281,063 / 5,193
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250729094516NAL0005506738001, received 2025-07-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250729094516NAL0005506738001, received 2025-07-29
Administrative expenses as a share of assets
0.090%
Higher than 61% of the 2,407 plans $250M to 1B that report it.
= $281,063 / $311,018,608
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250729094516NAL0005506738001, received 2025-07-29
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250729094516NAL0005506738001, received 2025-07-29
Employer contributions per participant
$1,988
Higher than 26% of the 2,457 plans $250M to 1B that report it.
= $10,322,980 / 5,193
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250729094516NAL0005506738001, received 2025-07-29
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250729094516NAL0005506738001, received 2025-07-29
Employer share of total contributions
40.2%
Higher than 76% of the 2,459 plans $250M to 1B that report it.
= $10,322,980 / $25,685,257
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250729094516NAL0005506738001, received 2025-07-29
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250729094516NAL0005506738001, received 2025-07-29
97.2% 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 $27,700 ($59.46 per participant including the plan's own Schedule H). Benchmarks and percentiles use the plan's own Schedule H only.
2T default investment (QDIA) · 2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250729094516NAL0005506738001, 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 20250729094516NAL0005506738001, received 2025-07-29 |
| Plan name | KRAFT HEINZ UNION SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250729094516NAL0005506738001, received 2025-07-29 |
| Sponsor EIN / plan number | 25-0542520 / 011 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250729094516NAL0005506738001, received 2025-07-29 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250729094516NAL0005506738001, received 2025-07-29 |
| Sponsor location | PITTSBURGH, PA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250729094516NAL0005506738001, received 2025-07-29 |
| Industry (business code) | 311400, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250729094516NAL0005506738001, 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 20250729094516NAL0005506738001, received 2025-07-29 |
| Filing received | 2025-07-29 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250729094516NAL0005506738001, received 2025-07-29 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250729094516NAL0005506738001, received 2025-07-29 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250729094516NAL0005506738001, received 2025-07-29 |
| Participants, beginning of year | 5,761 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250729094516NAL0005506738001, received 2025-07-29 |
| Active participants | 3,640 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250729094516NAL0005506738001, received 2025-07-29 |
| Participants, end of year | 5,574 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250729094516NAL0005506738001, received 2025-07-29 |
| Participants with an account balance | 5,193 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250729094516NAL0005506738001, received 2025-07-29 |
| Total assets, beginning of year | $300,189,633 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250729094516NAL0005506738001, received 2025-07-29 |
| Total assets, end of year | $311,018,608 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250729094516NAL0005506738001, received 2025-07-29 |
| Net assets, end of year | $310,950,651 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250729094516NAL0005506738001, received 2025-07-29 |
| Total income | $54,412,576 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250729094516NAL0005506738001, received 2025-07-29 |
| Net income | $12,177,898 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250729094516NAL0005506738001, received 2025-07-29 |
| Employer contributions | $10,322,980 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250729094516NAL0005506738001, received 2025-07-29 |
| Participant contributions | $15,243,629 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250729094516NAL0005506738001, received 2025-07-29 |
| Other contributions (incl. rollovers) | $118,648 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250729094516NAL0005506738001, received 2025-07-29 |
| Total contributions | $25,685,257 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250729094516NAL0005506738001, received 2025-07-29 |
| Benefit payments | $41,791,177 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250729094516NAL0005506738001, received 2025-07-29 |
| Total expenses (incl. benefit payments) | $42,234,678 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250729094516NAL0005506738001, received 2025-07-29 |
| Total administrative expenses | $281,063 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250729094516NAL0005506738001, received 2025-07-29 |
| Contract administrator fees | $600 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250729094516NAL0005506738001, received 2025-07-29 |
| Recordkeeping fees | $117,481 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250729094516NAL0005506738001, received 2025-07-29 |
| IQPA audit fees | $51,400 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250729094516NAL0005506738001, received 2025-07-29 |
| Investment advisory and management fees | $92,899 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250729094516NAL0005506738001, received 2025-07-29 |
| Administrative expenses excluding investment management | $188,164 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250729094516NAL0005506738001, received 2025-07-29 |
| Held in master trusts | $302,446,586 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250729094516NAL0005506738001, 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 20250729094516NAL0005506738001, 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 20250729094516NAL0005506738001, received 2025-07-29 |
| Independent auditor | CROWE LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250729094516NAL0005506738001, received 2025-07-29 |
Position = column in the DOL layout for form year 2024. Filing 20250729094516NAL0005506738001, received 2025-07-29.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 64 Recordkeeping fees; 65 Account maintenance fees | $118,081 | no |
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $73,659 | no |
| CROWE LLP | ACCOUNTANT/AUDITOR | 10 Accounting (including auditing) | $51,400 | no |
| MERCER INVESTMENTS LLC | INVESTMENT ADVISOR | 27 Investment advisory (plan); 28 Investment management | $19,240 | no |
| MORGAN LEWIS & BOCKIUS LLP | ATTORNEY/LEGAL | 29 Legal | $11,026 | 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 20250729094516NAL0005506738001, received 2025-07-29.
KRAFT HEINZ DC MASTER TRUST (EIN 250542520, PN 027): plan interest $302,446,586, 7.8% 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 | $300,189,633 | $311,018,608 | 3.6% |
| Participants with a balance | 5,262 | 5,193 | -1.3% |
| Administrative expenses | $289,285 | $281,063 | -2.8% |
| Recordkeeping fees per participant | $24.76 | $22.62 | -8.6% |
| Employer contributions | $9,269,857 | $10,322,980 | 11.4% |
Prior filing 20240808122434NAL0008582960001, received 2024-08-08; the plan years are contiguous.