Plan Snapshot
- Plan Sponsor: Sabic Innovative Plastics Us LLC
- Sponsor EIN: 331169273
- Sponsor Address: 2500 CITYWEST BLVD SUITE 100, HOUSTON, TX, 77042
- Plan Type: 401(k)
- Total Participants: 1,942
- Total Assets: $694.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 1,942 | $694.9M | $29.5M | $28.9M |
| 2023 | 2,058 | $634.8M | $29.5M | $28.1M |
| 2022 | 2,930 | $753.0M | $44.3M | $43.1M |
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 |
|---|---|---|---|---|
| CROWE LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $88,877 | $44,253 | — | — | — |
| 2023 | $25,170 | $2,527 | — | — | — |
| 2022 | $72,028 | $33,680 | — | — | — |