Plan Snapshot
- Plan Sponsor: Covestro LLC
- Sponsor EIN: 061653740
- Sponsor Address: 1 COVESTRO CIRCLE, PITTSBURGH, PA, 15205
- Plan Type: DB
- Total Participants: 527
- Total Assets: $205.6M
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 | 527 | $205.6M | $0 | $0 |
| 2023 | 588 | $233.5M | $0 | $0 |
| 2022 | 637 | $245.5M | $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 |
|---|---|---|---|---|
| URISH POPECK & CO LLC | Auditor | $28,240 | — | $28,240 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- URISH POPECK & CO LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $28,240
- Estimated Expense Ratio: 0.014% 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 | $2,139,864 | $240,835 | — | $28,240 | — |
| 2023 | $2,208,486 | $255,382 | — | $39,450 | — |
| 2022 | $1,236,882 | $328,015 | — | — | $468,760 |