Plan Snapshot
- Plan Sponsor: Hexion INC.
- Sponsor EIN: 130511250
- Sponsor Address: 180 E BROAD ST, COLUMBUS, OH, 43215
- Plan Type: DB
- Total Participants: 198
- Total Assets: $124.4M
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 | 198 | $124.4M | $0 | $0 |
| 2023 | 224 | $128.1M | $2.9M | $0 |
| 2022 | 250 | $124.4M | $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 |
|---|---|---|---|---|
| MEADEN & MOORE, LTD. | Auditor | $4,000 | — | $4,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MEADEN & MOORE, LTD. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $4,000
- Estimated Expense Ratio: 0.003% 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 | $741,000 | $193,175 | $29,779 | $4,000 | — |
| 2023 | $2,289,197 | $211,573 | $438,059 | $23,500 | — |
| 2022 | $2,231,786 | $371,484 | $650,397 | — | $289,681 |