Plan Snapshot
- Plan Sponsor: Union Carbide Corporation C/O The Dow Chemical Company
- Sponsor EIN: 131421730
- Sponsor Address: 2211 H.H DOW WAY, MIDLAND, MI, 48674
- Plan Type: DB
- Total Participants: 677
- Total Assets: $2.2B
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 | 677 | $2.2B | $0 | $0 |
| 2023 | 738 | $2.4B | $0 | $0 |
| 2022 | 1,769 | $2.7B | $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 |
|---|---|---|---|---|
| WILLIS TOWERS WATSON | Recordkeeper | $2,777,298 | — | $2,777,298 |
| THE NORTHERN TRUST COMPANY | Custodian / Trustee | $1,402,075 | — | $1,402,075 |
| PRUDENTIAL INSURANCE CO. | Recordkeeper | $1,315,424 | — | $1,315,424 |
| JENNISON ASSOCIATES LLC | Recordkeeper | $939,901 | — | $939,901 |
| WESTERN ASSET MANAGEMENT COMPANY | Other Service Provider | $397,954 | — | $397,954 |
| NEUBERGER BERMAN INVESTMENT ADVISER | Other Service Provider | $356,537 | — | $356,537 |
| COVINGTON & BURLING, LLP | Other Service Provider | $238,695 | — | $238,695 |
| NISA INVESTMENT ADVISORS LLC | Other Service Provider | $163,648 | — | $163,648 |
| ADENZA, INC. | Other Service Provider | $152,906 | — | $152,906 |
| THE DOW CHEMICAL COMPANY | Recordkeeper | $138,718 | — | $138,718 |
| BLOOMBERG FINANCE L.P. | Other Service Provider | $137,330 | — | $137,330 |
| J.P. MORGAN INVESTMENT MANAGEMENT | Recordkeeper | $126,971 | — | $126,971 |
| BURGISS GROUP LLC | Other Service Provider | $101,407 | — | $101,407 |
| BDO USA, P.C. | Auditor | $93,044 | — | $93,044 |
| ALPHAENGINE GLOBAL INVESTMENT | Other Service Provider | $73,041 | — | $73,041 |
| GOLDMAN SACHS ASSET MANAGEMENT LP | Investment Advisor | $63,611 | — | $63,611 |
| R.R. DONNELLEY AND SONS COMPANY | Other Service Provider | $62,919 | — | $62,919 |
| MCUBE INVESTMENT TECHNOLOGIES LLC | Other Service Provider | $25,996 | — | $25,996 |
| INSIGHT NORTH AMERICA LLC | Other Service Provider | $16,108 | — | $16,108 |
| TRADEWEB LLC | Other Service Provider | $14,750 | — | $14,750 |
| EVESTMENT ALLIANCE LLC | Other Service Provider | $14,307 | — | $14,307 |
| GRAPHIC SCIENCES, INC | Other Service Provider | $10,050 | — | $10,050 |
| MARKIT NORTH AMERICA | Other Service Provider | $5,115 | — | $5,115 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WILLIS TOWERS WATSON — Recordkeeper
- PRUDENTIAL INSURANCE CO. — Recordkeeper
- JENNISON ASSOCIATES LLC — Recordkeeper
- J.P. MORGAN INVESTMENT MANAGEMENT — Recordkeeper
- BDO USA, P.C. — Auditor
- GOLDMAN SACHS ASSET MANAGEMENT LP — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,627,805
- Estimated Expense Ratio: 0.388% 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 | $11,698,426 | $3,202,962 | $174,517 | — | — |
| 2023 | $18,121,697 | $3,449,519 | $115,505 | — | — |
| 2022 | $19,466,128 | $3,139,470 | — | — | $4,758,981 |