Plan Snapshot
- Plan Sponsor: Bayer Corporation C/O Hr Operations Department
- Sponsor EIN: 251339219
- Sponsor Address: 800 NORTH LINDBERGH BLVD, ST. LOUIS, MO, 63167
- Plan Type: Health & Welfare
- Plan Number: 510
- Total Participants: 16,896
- Total Assets: $837,190
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 | 16,896 | $837,190 | $8.8M | $1.8M |
| 2023 | 18,893 | $1.3M | $9.6M | $1.9M |
| 2022 | 18,735 | $1.8M | $8.1M | $1.8M |
| 2019 | 18,669 | $4.8M | $10.4M | $2.3M |
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 |
|---|---|---|---|---|
| HARTFORD LIFE AND ACCIDENT INS CO | Other Service Provider | $88,740 | — | $88,740 |
| THE BANK OF NEW YORK MELLON | Other Service Provider | $6,555 | — | $6,555 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $95,295
- Estimated Expense Ratio: 11.383% 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 | $87,447 | $2,712 | $78,180 | — | — |
| 2023 | $115,352 | $2,744 | $99,076 | — | — |
| 2022 | $152,890 | $3,455 | — | — | $149,435 |
| 2019 | $162,057 | $3,178 | — | — | $158,879 |