Plan Snapshot
- Plan Sponsor: Macdermid, Incorporated
- Sponsor EIN: 060435750
- Sponsor Address: 245 FREIGHT STREET, WATERBURY, CT, 06702
- Plan Type: DB
- Total Participants: 250
- Total Assets: $163.8M
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 | 250 | $163.8M | $0 | $0 |
| 2023 | 280 | $164.6M | $0 | $0 |
| 2022 | 305 | $160.9M | $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 |
|---|---|---|---|---|
| AON HEWITT INVESTMENT CONSULTING | Other Service Provider | $284,225 | — | $284,225 |
| AGILIS PARTNERS LLC | Other Service Provider | $206,110 | — | $206,110 |
| THE NORTHERN TRUST COMPANY | Other Service Provider | $97,500 | — | $97,500 |
| SCHWAB RETIREMENT PLAN SERVICES | Recordkeeper | $85,000 | — | $85,000 |
| COHNREZNICK LLP | Investment Advisor | $38,850 | — | $38,850 |
| CHIMENTO AND WEBB PC | Other Service Provider | $17,468 | — | $17,468 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- SCHWAB RETIREMENT PLAN SERVICES — Recordkeeper
- COHNREZNICK LLP — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $729,153
- Estimated Expense Ratio: 0.445% 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 | $939,241 | $206,110 | — | $38,850 | — |
| 2023 | $1,155,974 | $201,350 | $85,000 | $38,325 | — |
| 2022 | $985,539 | $407,210 | $85,000 | — | $63,430 |