Plan Snapshot
- Plan Sponsor: Owens Corning
- Sponsor EIN: 432109021
- Sponsor Address: ONE OWENS CORNING PARKWAY, TOLEDO, OH, 436591000
- Plan Type: DB
- Total Participants: 2,251
- Total Assets: $336.7M
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 | 2,251 | $336.7M | $0 | $0 |
| 2023 | 2,475 | $340.7M | $0 | $0 |
| 2022 | 2,725 | $603.1M | $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 |
|---|---|---|---|---|
| FIDELITY INSTITUTIONAL ASSET MGT. | Other Service Provider | $619,822 | — | $619,822 |
| AON CONSULTING | Recordkeeper | $410,087 | — | $410,087 |
| SUN LIFE INVESTMENT MGT. US, INC. | Other Service Provider | $191,172 | — | $191,172 |
| WILSHIRE ASSOCIATES INCORPORATED | Recordkeeper | $173,333 | — | $173,333 |
| NORTHERN TRUST COMPANY | Custodian / Trustee | $138,506 | — | $138,506 |
| OC SALES, LLC | Other Service Provider | $115,403 | — | $115,403 |
| BLACKROCK FINANCIAL MANAGEMENT | Other Service Provider | $43,705 | — | $43,705 |
| RYAN LABS ASSET MANAGEMENT | Other Service Provider | $35,551 | — | $35,551 |
| THE CULPEPPER GROUP, LLC | Other Service Provider | $28,500 | — | $28,500 |
| GJC CPA'S & ADVISORS | Auditor | $25,150 | — | $25,150 |
| NISA INVESTMENT ADVISORS LLC | Other Service Provider | $12,178 | — | $12,178 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AON CONSULTING — Recordkeeper
- WILSHIRE ASSOCIATES INCORPORATED — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,793,407
- Estimated Expense Ratio: 0.533% 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 | $3,518,040 | $988,460 | — | $25,150 | — |
| 2023 | $6,336,377 | $1,990,267 | — | $64,650 | — |
| 2022 | $4,400,862 | $1,368,617 | — | — | $298,155 |