Plan Snapshot
- Plan Sponsor: Momentive Performance Materials INC
- Sponsor EIN: 205748297
- Sponsor Address: 2750 BALLTOWN ROAD, SCHENECTADY, NY, 12309
- Plan Type: DB
- Total Participants: 612
- Total Assets: $134.7M
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 | 612 | $134.7M | $8.7M | $0 |
| 2023 | 649 | $140.2M | $7.0M | $0 |
| 2022 | 725 | $127.2M | $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 |
|---|---|---|---|---|
| WILLIS TOWERS WATSON US LLC | NONE | $632,851 | — | $632,851 |
| OCTOBER THREE CONSULTING LLC | NONE | $243,417 | — | $243,417 |
| SEI INVESTMENTS COMPANY | NONE | $106,778 | — | $106,778 |
| BANK OF NEW YORK MELLON | NONE | $71,385 | — | $71,385 |
| CROWE LLP | NONE | $38,782 | — | $38,782 |
| CARON & BLETZER, PLLC | Auditor | $38,782 | — | $38,782 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWERS WATSON US LLC — NONE
- CARON & BLETZER, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,131,995
- Estimated Expense Ratio: 0.841% 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 | $2,828,714 | $306,778 | — | $38,782 | — |
| 2023 | $2,840,336 | $582,732 | $66,652 | $38,559 | — |
| 2022 | $2,553,274 | $603,337 | $63,953 | — | $130,991 |