Plan Snapshot
- Plan Sponsor: Momentive Performance Materials INC.
- Sponsor EIN: 205748297
- Sponsor Address: 2750 BALLTOWN ROAD, NISKAYUNA, NY, 12309
- Plan Type: 401(k)
- Total Participants: 1,496
- Total Assets: $498.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- 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 | 1,496 | $498.0M | $20.5M | $17.0M |
| 2023 | 1,486 | $447.2M | $15.3M | $16.8M |
| 2022 | 1,577 | $378.6M | $15.3M | $18.0M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $109,967 | — | $109,967 |
| CROWE | ACCOUNTANT/AUDITOR | $35,700 | — | $35,700 |
| CARON & BLETZER, PLLC | Auditor | $35,700 | — | $35,700 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $30,237 | — | $30,237 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- CARON & BLETZER, PLLC — Auditor
- STRATEGIC ADVISORS, INC. — ADVISOR
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $211,604
- Estimated Expense Ratio: 0.042% 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 | $175,904 | $30,237 | — | $35,700 | — |
| 2023 | $157,947 | $10,112 | — | $33,810 | — |
| 2022 | $146,665 | — | — | — | — |