Plan Snapshot
- Plan Sponsor: Element Solutions INC
- Sponsor EIN: 371744899
- Sponsor Address: 245 FREIGHT ST., WATERBURY, CT, 06702
- Plan Type: 401(k)
- Total Participants: 1,081
- Total Assets: $302.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,081 | $302.7M | $6.9M | $10.4M |
| 2023 | 1,065 | $278.8M | $6.7M | $10.2M |
| 2022 | 1,078 | $240.6M | $7.0M | $10.6M |
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 |
|---|---|---|---|---|
| SCHWAB RETIREMENT PLAN SERVICES,INC | NONE | $41,151 | — | $41,151 |
| COHNREZNICK LLP | NONE | $28,000 | — | $28,000 |
| CHIMENTO AND WEBB PC | NONE | $22,003 | — | $22,003 |
| FISHER INVESTMENTS | NONE | $11,377 | — | $11,377 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES,INC — NONE
- FISHER INVESTMENTS — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $102,531
- Estimated Expense Ratio: 0.034% 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 | $106,688 | $44,760 | — | $28,000 | — |
| 2023 | $102,351 | $28,871 | $62,605 | — | — |
| 2022 | $193,823 | $64,920 | — | — | $110,010 |