# Braskem America, INC. 401(k) Plan
Source: https://planprovider.pro/companies/braskem-america-inc-401k-plan-001

> Braskem America, INC.&#39;s 401(k) plan: 782 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Braskem America, INC.

- **Sponsor EIN:** 251534498

- **Sponsor Address:** 1735 MARKET STREET, PHILADELPHIA, PA, 19103

- **Plan Type:** 401(k)

- **Total Participants:** 782

- **Total Assets:** $230.0M

## 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|782|$230.0M|$8.2M|$11.2M|

| 2023|785|$201.3M|$8.0M|$10.9M|

| 2022|776|$166.5M|$7.0M|$9.3M|

## 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|

| VOYA RETIREMENT INSURANCE & ANNUITY|RECORD KEEPER|$183,310|$642|$183,952|

| VOYA RETIREMENT ADVISORS, LLC|SERVICE PROVIDER|$147,622|—|$147,622|

| MORNINGSTAR|SERVICE PROVIDER|—|$32,076|$32,076|

| PLANTE MORAN PLLC|SERVICE PROVIDER|$31,000|—|$31,000|

| RETIREMENT RX|SERVICE PROVIDER|$25,343|—|$25,343|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [MORNINGSTAR](https://planprovider.pro/provider/jp-morgan-asset-management) — SERVICE PROVIDER

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $419,993

- **Estimated Expense Ratio:** 0.183% 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|$387,275|$206,260|$177,765|—|—|

| 2023|$301,463|$126,968|$171,395|—|—|

| 2022|$81,669|—|—|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/braskem-america-inc-401k-plan-001)

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