# Polychem LLC 401(k) Plan
Source: https://planprovider.pro/companies/polychem-llc-401k-plan

> Polychem LLC&#39;s 401(k) plan: 520 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Polychem LLC

- **Sponsor EIN:** 341570807

- **Sponsor Address:** 6277 HEISLEY ROAD, MENTOR, OH, 44060

- **Plan Type:** 401(k)

- **Total Participants:** 520

- **Total Assets:** $26.2M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|520|$26.2M|$924,976|$1.4M|

| 2023|653|$22.6M|$788,450|$1.4M|

| 2022|714|$25.6M|$602,682|$1.7M|

## 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|

| VOYA RETIREMENT INSURANCE & ANNUITY|SERVICE PROVIDER|$100,066|—|$100,066|

| ALLIANT INSURANCE SERVICES, INC.|SERVICE PROVIDER|—|$40,000|$40,000|

| CROWE LLP|Auditor|—|—|$0|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $140,066

- **Estimated Expense Ratio:** 0.535% 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|$100,066|$656|$97,060|—|—|

| 2023|$91,023|$713|$88,310|—|—|

| 2022|$84,805|—|—|—|—|

## Similar Plans

- [The Hc Companies, INC.](https://planprovider.pro/companies/the-hc-companies-inc-401k-plan) — 507 participants

- [Formica Corporation](https://planprovider.pro/companies/formica-corporation-401k-plan) — 534 participants

- [Americhem, INC.](https://planprovider.pro/companies/americhem-inc-401k-plan) — 543 participants

- [Deceuninck North America, INC.](https://planprovider.pro/companies/deceuninck-north-america-inc-401k-plan) — 490 participants

- [20/20 Custom Molded Plastics, LLC](https://planprovider.pro/companies/20-20-custom-molded-plastics-llc-401k-plan) — 480 participants

- [Green Tokai Co., Ltd.](https://planprovider.pro/companies/green-tokai-co-ltd-401k-plan) — 581 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/polychem-llc-401k-plan)

&copy; 2026 PlanProvider.Pro
