Plan Snapshot
- Plan Sponsor: Bayer Corporation
- Sponsor EIN: 251339219
- Sponsor Address: 800 NORTH LINDBERGH BLVD, A2N, ST LOUIS, MO, 63167
- Plan Type: 401(k)
- Total Participants: 17,218
- Total Assets: $10.8B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 17,218 | $10.8B | $252.8M | $260.8M |
| 2023 | 19,357 | $10.3B | $285.1M | $275.4M |
| 2022 | 19,273 | $9.2B | $280.2M | $266.1M |
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 |
|---|---|---|---|---|
| STRATEGIC ADVISORS INC | INV ADVISOR | $2,433,051 | — | $2,433,051 |
| AON INVESTMENTS USA INC | CONSULTANT | $169,000 | — | $169,000 |
| FIDELITY INV INSTL OPS | RECORDKEEPER | $72,062 | — | $72,062 |
| SCHNEIDER DOWNS & CO., INC. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STRATEGIC ADVISORS INC — INV ADVISOR
- FIDELITY INV INSTL OPS — RECORDKEEPER
- SCHNEIDER DOWNS & CO., INC. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,674,113
- Estimated Expense Ratio: 0.025% 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 | $2,674,653 | $2,433,051 | — | — | — |
| 2023 | $2,711,275 | $2,170,913 | $16,800 | — | — |
| 2022 | $3,289,432 | $2,029,221 | — | — | $165,000 |