Plan Snapshot
- Plan Sponsor: Geon Performance Solutions
- Sponsor EIN: 843122624
- Sponsor Address: 25777 DETROIT ROAD, SUITE 202, WESTLAKE, OH, 44145
- Plan Type: 401(k)
- Total Participants: 653
- Total Assets: $115.5M
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: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 653 | $115.5M | $2.3M | $4.8M |
| 2023 | 641 | $103.3M | $2.3M | $4.8M |
| 2022 | 681 | $85.5M | $2.7M | $5.3M |
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 |
|---|---|---|---|---|
| GLOBAL RETIREMENT PARTNERS LLC | ADVISOR | $70,288 | — | $70,288 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $68,421 | — | $68,421 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $42,441 | — | $42,441 |
| PLANCHECK CPAS LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GLOBAL RETIREMENT PARTNERS LLC — ADVISOR
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- PLANCHECK CPAS LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $181,150
- Estimated Expense Ratio: 0.157% 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 | $181,155 | $112,729 | — | — | — |
| 2023 | $183,985 | $106,712 | $300 | — | — |
| 2022 | $177,340 | $32,482 | — | — | — |