Plan Snapshot
- Plan Sponsor: Bayer Corporation
- Sponsor EIN: 251339219
- Sponsor Address: 100 BAYER BLVD, WHIPPANY, NJ, 07981
- Plan Type: DC
- Plan Number: 001
- Total Participants: 338
- Total Assets: $10.5M
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. |
|---|---|---|---|---|
| 2025 | 338 | $10.5M | $0 | $0 |
| 2024 | 313 | $9.5M | $0 | $0 |
| 2023 | 315 | $8.1M | $0 | $0 |
| 2022 | 317 | $6.9M | $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 |
|---|---|---|---|---|
| SCHNEIDER DOWNS & CO., INC. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 |
|---|---|---|---|---|---|
| 2025 | $415,036 | — | — | — | — |
| 2024 | $2,044 | — | — | — | — |
| 2023 | $161 | — | — | — | — |
| 2022 | $191 | $191 | — | — | — |