Original filing (PDF)20251010152508NAL0007944689001

KPMG LLP

Name: KPMG LLP — KPMG PENSION PLAN, Form 5500 (2024)
Creator: KPMG LLP

Form 5500

FILING_RECEIVED

KPMG PENSION PLAN

Defined-benefit pension plan

Signals · 2

No recordkeeper disclosed13 service providers

Active participants

18,369

Accounts w/ balance

—

Plan assets (EOY)

$3.1B

Net assets (EOY)

$3.1B

How this plan invests

This plan

13 pooled trusts

Schedule D

89 securities

funds · stocks · CUSIPs

Holdings are itemized directly on this plan's Schedule of Assets, below.

Plan health score (directional)

/ 100

Grade A

Top-tier plan health

Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.

Compliance & disclosures

100

Concentration risk

100

Total plan cost

Vendor stack

Participation health

100

Knocking points off

27 bps in Schedule C fees — 431% above peer band of 5 bps.
No recordkeeper disclosed on Schedule C.
Plan is frozen (1I) — no new benefit accrual.

Decision-maker contacts

CFO / Head of HR / Benefits Manager — verified email + LinkedIn for KPMG LLP.

Plan sponsor

Name

KPMG LLP

EIN

13-5565207

Address

75 CHESTNUT RIDGE ROAD · MONTVALE, NJ · 076451842

Phone

(800) 576-4435

Industry

CPA Offices· Professional & Technical Servicessee all

Plan administrator

Name

KPMG PENSION STRATEGY & INVESTMENT COMMITTEE

EIN

38-4333697

City

MONTVALE, NJ

Phone

(800) 576-4435

Plan characteristics

Plan number

016

Plan year

2024

Plan year begin

2024-01-01

Tax period

2024-12-31

Filed

2025-10-10

Pension benefit codes

1A · Pay-related DB formula

1C · Cash balance or similar hybrid DB

1I · Frozen plan — no new benefit accrual

3B · Covers self-employed individuals

3F · Sponsor used leased employees

3H · Sponsor in controlled / affiliated group

3J · U.S. plan covering Puerto Rico residents

Audit & trust (Schedule H)

Auditor

GRANT THORNTON LLP

Trustee / custodian

—

Trustee phone

—

Service providers (Schedule C)

13 rows

Other

Name	EIN	Location	Relation	Direct comp	Indirect comp
WILLIS TOWERS WATSON	27-0676603	—	NONE	$4.0M	—
GOLDMAN SACHS ASSET MANAGEMENT	13-3575636	—	NONE	$1.2M	—
PIMCO	33-0629048	—	NONE	$907K	—
STATE STREET BANK AND TRUST COMPANY	04-1867445	—	NONE	$494K	—
BLACKROCK INSTITUTIONAL TRUST CO.	94-3112180	—	NONE	$355K	—
FIDELITY INSTITUTIONAL ASSET MGMT	20-2159373	—	NONE	$325K	—
WILLIAM BLAIR FUNDS	—	CHICAGO, IL	NONE	$304K	—
WELLINGTON MANAGEMENT	38-3766431	—	NONE	$206K	—
UNITED FORMS FINISHING	22-2378813	—	NONE	$161K	—
GRANT THORNTON	36-6055558	—	NONE	$95K	—
STATE STREET GLOBAL ADVISORS TRUST	81-4017137	—	NONE	$87K	—
WILLKIE FARR & GALLAGHER	13-5536844	—	NONE	$38K	—
GLOBAL TRUST COMPANY	26-3761443	—	NONE	$11K	—

Investments

78 direct securities · 13 pooled funds· $3.2B(100% of reported assets)

Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.

Uncategorized

$1.9B

78 holdings

Common Collective Trust

$1.3B

12 holdings

103-12 Investment Entity

$50.4M

1 holding

Investment	Type	Shares / units	Cost	Current value	% of plan
Long Duration Corp Bond Portfolio Mutual Fund	—	—	$781.7M	$671.7M	21.7%
EQUITY INDEX FUND BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A. · EIN 94-6052285 / PN 001	Common Collective Trust	—	$272.8M	$525.0M	16.9%
Goldman Sachs Global Managed Beta Fd Mutual Fund	—	—	$189.1M	$212.4M	6.9%
SS 20 YEAR US T-STRIPS IDX NL FUND STATE STREET GLOBAL ADVISORS TRUST COMPANY · EIN 90-0337987 / PN 169	Common Collective Trust	—	$235.0M	$206.9M	6.7%
State Street Institutional US Govt MM Money Market Mutual Fund	—	—	$200.0M	$200.0M	6.5%
Fidelity Long Corporate A or Better Fund Collective Trusts	—	—	$153.8M	$150.6M	4.9%
FIAM GRP TR EBP LG CORP A OR BETTER FIDELITY INSTITUTIONAL ASSET MANAGEMENT TRUST COMPANY · EIN 20-4659714 / PN 103	Common Collective Trust	—	—	$150.6M	4.9%
Goldman Sachs Tactical Tilt Overlay Mutual Fund	—	—	$88.7M	$87.7M	2.8%
MFS INTERNATIONAL EQUITY FUND MFS HERITAGE TRUST COMPANY · EIN 57-1187281 / PN 013	Common Collective Trust	—	$65.0M	$77.4M	2.5%
Causeway International Value Fund Mutual Fund	—	—	$64.3M	$74.8M	2.4%
Principal Global Real Estate Securities Fd Mutual Fund	—	—	$68.3M	$69.2M	2.2%
WILLIAM BLAIR INTL LEADERS COLL INV GLOBAL TRUST COMPANY · EIN 27-6331814 / PN 012	Common Collective Trust	—	$64.7M	$64.4M	2.1%
Cohen + Steers Global Infrastructure Mutual Fund	—	—	$53.7M	$58.9M	1.9%
RUSSELL 2000 ALPHA TILTS FUND BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A. · EIN 94-3123057 / PN 001	Common Collective Trust	—	$39.1M	$58.0M	1.9%
PACIFIC ASSET MANAGEMENT BANK LOAN PAM BANK LOAN GP LLC · EIN 46-5076716 / PN 001	103-12 Investment Entity	—	$41.0M	$50.4M	1.6%
BlackRock High Yield Bond Portfolio Mutual Fund	—	—	$46.2M	$44.8M	1.4%
WTC-CTF EMERG LOCAL DEBT PORTFOLIO WELLINGTON TRUST COMPANY, NA · EIN 27-2594633 / PN 001	Common Collective Trust	—	$53.1M	$43.1M	1.4%
EMERGING MARKETS EQUITY SERIES RBC GLOBAL ASSET MANAGEMENT (U.S.) INC. · EIN 47-4883422 / PN 001	Common Collective Trust	—	$33.5M	$41.0M	1.3%
EAFE EQUITY INDEX FUND BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A. · EIN 94-6596958 / PN 001	Common Collective Trust	—	$34.2M	$40.3M	1.3%
BLACKROCK MSCI EAFE SM CAP EQUITY BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A. · EIN 26-0719768 / PN 001	Common Collective Trust	—	$27.6M	$33.3M	1.1%
US Treasury Bond Principal Strip $65,110,000 Par, 0% due 5/15/2039	—	—	$46.9M	$33.3M	1.1%
SSGA MSCI Emerging Markets Fund Collective Trusts	—	—	$30.2M	$32.6M	1.1%
SS DAILY MSCI EMG MKTS INDX NL FUND STATE STREET GLOBAL ADVISORS TRUST COMPANY · EIN 04-0025081 / PN 192	Common Collective Trust	—	—	$32.6M	1.1%
US Treasury Bond $39,900,000 Par, 2.375% due 11/15/2049	—	—	$46.3M	$25.4M	0.8%
US Treasury Bond $23,080,000 Par, 4.250% due 5/5/2039	—	—	$29.6M	$21.9M	0.7%
PGIM HIGH YIELD R6 Mutual Fund	—	—	$20.6M	$20.8M	0.7%
US Treasury Bond Principal Strip $64,412,000 Par, 0% due 11/15/2048	—	—	$26.1M	$20.1M	0.6%
Oaktree Emerging Markets Equity Fund Limited Partnership	—	—	$19.0M	$19.0M	0.6%
Goldman Sachs Equity Volatility Fund Mutual Fund	—	—	$12.1M	$18.7M	0.6%
US Treasury Bond $24,420,000 Par, 3.000% due 02/15/2048	—	—	$28.9M	$17.9M	0.6%
US Treasury Bond Principal Strip $57,680,000 Par, 0% due 5/15/2051	—	—	$30.1M	$16.2M	0.5%
Marathon Emerging Markets Bond Series 3G Limited Partnership	—	—	$20.7M	$13.6M	0.4%
FIAM GRP TR FOR EBP SISC COMM POOL FIDELITY INSTITUTIONAL ASSET MANAGEMENT TRUST COMPANY · EIN 20-4659714 / PN 036	Common Collective Trust	—	$13.3M	$12.0M	0.4%
US Treasury Bond Principal Strip $36,575,000 Par, 0% due 11/15/2047	—	—	$15.1M	$12.0M	0.4%
US Treasury Bond $9,750,000 Par, 4.375% due 2/15/2038	—	—	$10.8M	$9.5M	0.3%
US Treasury Bond $9,750,000 Par, 4.375% due 11/15/2039	—	—	$10.8M	$9.3M	0.3%
Vanguard Emerging Markets Bond Mutual Fund	—	—	$9.0M	$9.3M	0.3%
US Treasury Bond $10,700,000 Par, 3.375% due 8/15/2042	—	—	$10.2M	$8.8M	0.3%
US Treasury Bond $8,100,000 Par, 3.375% due 11/15/2048	—	—	$9.9M	$6.3M	0.2%
US Treasury Bond $6,500,000 Par, 4.375% due 8/15/2043	—	—	$4.9M	$5.2M	0.2%
US Treasury Bond $9,440,000 Par, 1.625% due 11/15/2050	—	—	$9.1M	$4.9M	0.2%
US Treasury Bond Principal Strip $6,800,000 Par, 0% due 8/15/2050	—	—	$4.2M	$2.0M	<0.1%
US Treasury Bond Principal Strip $5,600,0000 Par, 0% due 5/15/2049	—	—	$2.9M	$1.7M	<0.1%
US Treasury Bond $1,900,000 Par, 2.5% due 2/15/2045	—	—	$1.5M	$1.3M	<0.1%
US Treasury Bond Principal Strip $3,500,000 Par, 0% due 5/15/2050	—	—	$2.3M	$1.0M	<0.1%
US Treasury Bond $1,000,000 Par, 3% due 2/15/2049	—	—	$818K	$728K	<0.1%
3 MONTH SOFR OPT MAR27C 96.5 MAR27 96.5 CALL Derivative Assets	—	—	$1.1M	$693K	<0.1%
3 MONTH SOFR OPT DEC26C 96.5 DEC26 96.5 CALL Derivative Assets	—	—	$1.0M	$647K	<0.1%
US Treasury Bond Principal Strip 2,100,000 Par, 0% due 11/15/2049	—	—	$1.1M	$626K	<0.1%
3 MONTH SOFR OPT SEP26C 96.5 SEP26 96.5 CALL Derivative Assets	—	—	$987K	$607K	<0.1%
US Treasury Bond Principal Strip $1,600,000 Par, 0% due 8/15/2049	—	—	$781K	$481K	<0.1%
3 MONTH SOFR OPT JUN27C 96.5 JUN27 96.5 CALL Derivative Assets	—	—	$534K	$432K	<0.1%
US Treasury Bond Principal Strip $10,100,000 Par, 0% due 11/15/2050	—	—	$818K	$401K	<0.1%
3 MONTH SOFR OPT JUN26C 96.25 JUN26 96.25 CALL Derivative Assets	—	—	$451K	$346K	<0.1%
3 MONTH SOFR OPT MAR26C 96.25 MAR26 96.25 CALL Derivative Assets	—	—	$440K	$337K	<0.1%
3 MONTH SOFR OPT DEC26C 96.37 DEC26 96.375 CALL Derivative Assets	—	—	$465K	$336K	<0.1%
3 MONTH SOFR OPT SEP26C 96.37 SEP26 96.375 CALL Derivative Assets	—	—	$457K	$334K	<0.1%
US ULTRA BOND CBT MAR25 XCBT 20250320 Derivative Assets —	—	—	—	$288K	<0.1%
3 MONTH SOFR OPT DEC25C 96.5 DEC25 96.5 CALL Derivative Assets	—	—	$644K	$249K	<0.1%
3 MONTH SOFR OPT SEP26C 96.62 SEP26 96.625 CALL Derivative Assets	—	—	$462K	$229K	<0.1%
3 MONTH SOFR OPT DEC25C 97.5 DEC25 97.5 CALL Derivative Assets	—	—	$1.1M	$219K	<0.1%
3 MONTH SOFR OPT JUN26C 96.62 JUN26 96.625 CALL Derivative Assets	—	—	$454K	$218K	<0.1%
TOPIX INDX FUTR MAR25 XOSE 20250313 Derivative Assets —	—	—	—	$208K	<0.1%
3 MONTH SOFR OPT JUN26C 96.5 JUN26 96.5 CALL Derivative Assets	—	—	$516K	$202K	<0.1%
3 MONTH SOFR OPT MAR26C 96.62 MAR26 96.625 CALL Derivative Assets	—	—	$455K	$199K	<0.1%
US 5YR NOTE (CBT) MAR25 XCBT 20250331 Derivative Assets —	—	—	—	$193K	<0.1%
3 MONTH SOFR OPT SEP25C 96.5 SEP25 96.5 CALL Derivative Assets	—	—	$631K	$180K	<0.1%
3 MONTH SOFR OPT SEP25C 96 SEP25 96 CALL Derivative Assets	—	—	$227K	$176K	<0.1%
3 MONTH SOFR OPT SEP25C 97.5 SEP25 97.5 CALL Derivative Assets	—	—	$1.0M	$123K	<0.1%
3 MONTH SOFR OPT SEP25C 96.62 SEP25 96.625 CALL Derivative Assets	—	—	$532K	$95K	<0.1%
3 MONTH SOFR OPT MAR26C 97 MAR26 97 CALL Derivative Assets	—	—	$105K	$94K	<0.1%
3 MONTH SOFR OPT JUN26C 97.12 JUN26 97.125 CALL Derivative Assets	—	—	$104K	$94K	<0.1%
3 MONTH SOFR OPT JUN26C 96.75 JUN26 96.75 CALL Derivative Assets	—	—	$215K	$93K	<0.1%
3 MONTH SOFR OPT JUN25C 96.25 JUN25 96.25 CALL Derivative Assets	—	—	$433K	$86K	<0.1%
3 MONTH SOFR OPT MAR26C 96.75 MAR26 96.75 CALL Derivative Assets	—	—	$219K	$78K	<0.1%
3 MONTH SOFR OPT JUN25C 97.25 JUN25 97.25 CALL Derivative Assets	—	—	$963K	$58K	<0.1%
3 MONTH SOFR OPT MAR26C 97.5 MAR26 97.5 CALL Derivative Assets	—	—	$179K	$55K	<0.1%
US Treasury Bond $60,000 Par, 3.375% due 5/15/2044	—	—	$73K	$49K	<0.1%
3 MONTH SOFR OPT JUN25C 96.62 JUN25 96.625 CALL Derivative Assets	—	—	$527K	$48K	<0.1%
3 MONTH SOFR OPT SEP25C 97.37 SEP25 97.375 CALL Derivative Assets	—	—	$137K	$28K	<0.1%
US 2YR NOTE (CBT) MAR25 XCBT 20250331 Derivative Assets — $	—	—	—	$23K	<0.1%
3 MONTH SOFR OPT MAR26C 97.25 MAR26 97.25 CALL Derivative Assets	—	—	$37K	$13K	<0.1%
3 MONTH SOFR OPT DEC25C 97.25 DEC25 97.25 CALL Derivative Assets	—	—	$37K	$11K	<0.1%
MSCI SING IX ETS JAN25 XSIM 20250128 Derivative Assets —	—	—	—	$10K	<0.1%
3 MONTH SOFR OPT MAR25C 96.5 MAR25 96.5 CALL Derivative Assets	—	—	$508K	$9K	<0.1%
3 MONTH SOFR OPT MAR25C 97 MAR25 97 CALL Derivative Assets	—	—	$790K	$7K	<0.1%
3 MONTH SOFR OPT SEP25C 97 SEP25 97 CALL Derivative Assets	—	—	$34K	$7K	<0.1%
HANG SENG IDX FUT JAN25 XHKF 20250127 Derivative Assets —	—	—	—	$6K	<0.1%
3 MONTH SOFR OPT MAR25C 97.25 MAR25 97.25 CALL Derivative Assets	—	—	$1.5M	$5K	<0.1%
3 MONTH SOFR OPT JUN25C 96.75 JUN25 96.75 CALL Derivative Assets	—	—	$35K	$4K	<0.1%
3 MONTH SOFR OPT MAR25C 98 MAR25 98 CALL Derivative Assets	—	—	$111K	$2K	<0.1%