Plan Snapshot
- Plan Sponsor: Avient Corporation
- Sponsor EIN: 341730488
- Sponsor Address: 33587 WALKER ROAD, AVON LAKE, OH, 44012
- Plan Type: DB
- Total Participants: 66
- Total Assets: $344.0M
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 | 66 | $344.0M | $0 | $0 |
| 2023 | 80 | $360.9M | $0 | $0 |
| 2022 | 98 | $359.8M | $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 | NONE | $606,890 | — | $606,890 |
| JOHN HANCOCK LIFE INSURANCE | NONE | $231,844 | — | $231,844 |
| THE BANK OF NEW YORK MELLON | NONE | $67,473 | — | $67,473 |
| PACIFIC RESOURCES BENEFIT | NONE | $44,646 | — | $44,646 |
| BUCK GLOBAL LLC | NONE | $40,418 | — | $40,418 |
| NORTH PIER FIDUCIARY | NONE | $24,000 | — | $24,000 |
| BOBER MARKEY FEDOROVICH | Auditor | $428 | — | $428 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- JOHN HANCOCK LIFE INSURANCE — NONE
- BOBER MARKEY FEDOROVICH — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,015,699
- Estimated Expense Ratio: 0.295% 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 | $1,408,242 | $606,890 | — | $428 | — |
| 2023 | $1,549,388 | $661,693 | $234,790 | $19,750 | — |
| 2022 | $2,090,589 | $1,451,851 | $121,884 | — | $151,302 |