Plan Snapshot
- Plan Sponsor: Sabic Innovative Plastics Us LLC
- Sponsor EIN: 331169273
- Sponsor Address: 2500 CITYWEST BLVD, SUITE 100, HOUSTON, TX, 77042
- Plan Type: DB
- Total Participants: 550
- Total Assets: $314.7M
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 | 550 | $314.7M | $0 | $0 |
| 2023 | 664 | $341.0M | $13.2M | $0 |
| 2022 | 1,185 | $399.2M | $22.0M | $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 |
|---|---|---|---|---|
| AON CONSULTING | NONE | $237,361 | — | $237,361 |
| MERCER | NONE | $71,262 | — | $71,262 |
| SSGA | NONE | $49,071 | — | $49,071 |
| HAYNES AND BOONE | NONE | $14,562 | — | $14,562 |
| ALIGHT SOLUTIONS LLC | NONE | $6,169 | — | $6,169 |
| CROWE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AON CONSULTING — NONE
- ALIGHT SOLUTIONS LLC — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $378,425
- Estimated Expense Ratio: 0.120% 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 | $1,053,197 | $49,071 | $243,530 | — | — |
| 2023 | $1,213,550 | $110,442 | $235,126 | — | — |
| 2022 | $1,366,468 | $48,193 | $209,777 | — | $823,026 |