Plan Snapshot
- Plan Sponsor: Avient Corporation
- Sponsor EIN: 341932233
- Sponsor Address: 33587 WALKER ROAD, AVON LAKE, OH, 44012
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 0
- Total Assets: $346.5M
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 | 0 | $346.5M | $0 | $0 |
| 2023 | 0 | $363.8M | $0 | $0 |
| 2022 | 0 | $362.9M | $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 |
|---|---|---|---|---|
| MERCER (US), INC. | Investment Advisor | $54,512 | — | $54,512 |
| JOHN HANCOCK RETIREMENT PLAN SVCS | Recordkeeper | $27,586 | — | $27,586 |
| BUCK GLOBAL, LLC | Other Service Provider | $10,448 | — | $10,448 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MERCER (US), INC. — Investment Advisor
- JOHN HANCOCK RETIREMENT PLAN SVCS — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $92,546
- Estimated Expense Ratio: 0.027% 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 | $102,329 | $7,178 | — | — | — |
| 2023 | $119,743 | $3,228 | — | $1,910 | — |
| 2022 | $111,424 | $4,373 | — | — | $29,792 |