Plan Snapshot
- Plan Sponsor: The Chemours Company
- Sponsor EIN: 465626518
- Sponsor Address: 1007 MARKET STREET, WILMINGTON, DE, 19898
- Plan Type: 401(k)
- Total Participants: 4,026
- Total Assets: $964.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- 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 | 4,026 | $964.8M | $34.6M | $53.4M |
| 2023 | 4,180 | $870.2M | $35.8M | $54.7M |
| 2022 | 4,361 | $737.9M | $38.0M | $55.8M |
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 |
|---|---|---|---|---|
| MERCER INVESTMENT MANAGEMENT | Other Service Provider | $518,392 | — | $518,392 |
| MERRILL LYNCH, PIERCE, FENNER AND S | Recordkeeper | $319,863 | — | $319,863 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $838,255
- Estimated Expense Ratio: 0.087% 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 | $839,337 | $518,392 | — | — | — |
| 2023 | $828,436 | — | — | — | — |
| 2022 | $1,281,045 | — | — | — | — |