Plan Snapshot
- Plan Sponsor: Clariant Corporation
- Sponsor EIN: 561356629
- Sponsor Address: 500 EAST MOREHEAD STREET, SUITE 400, CHARLOTTE, NC, 28202
- Plan Type: 401(k)
- Total Participants: 1,026
- Total Assets: $329.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 1,026 | $329.9M | $9.0M | $10.3M |
| 2023 | 1,033 | $302.8M | $8.4M | $10.3M |
| 2022 | 1,187 | $277.5M | $8.5M | $10.4M |
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 |
|---|---|---|---|---|
| FORVIS MAZARS, LLP. | Auditor | $22,575 | — | $22,575 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FORVIS MAZARS, LLP. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $22,575
- Estimated Expense Ratio: 0.007% 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 | $250,150 | $89,870 | — | $22,575 | — |
| 2023 | $215,484 | $86,035 | $48,975 | — | — |
| 2022 | $170,292 | $159,753 | — | — | $2,664 |