Plan Snapshot
- Plan Sponsor: Wacker Chemical Corp.
- Sponsor EIN: 942272388
- Sponsor Address: 4950 SOUTH STATE RD, ANN ARBOR, MI, 48108
- Plan Type: 401(k)
- Total Participants: 1,585
- Total Assets: $231.3M
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 | 1,585 | $231.3M | $7.1M | $12.3M |
| 2023 | 1,490 | $203.5M | $6.9M | $11.3M |
| 2022 | 1,405 | $175.1M | $5.7M | $9.8M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $136,515 | — | $136,515 |
| STRATEGIC ADVISORS, INC. | ADVISOR | $112,307 | — | $112,307 |
| USI ADVISORS INC | ADVISOR | $66,463 | — | $66,463 |
| PLANTE & MORAN, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- STRATEGIC ADVISORS, INC. — ADVISOR
- PLANTE & MORAN, PLLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $315,285
- Estimated Expense Ratio: 0.136% 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 | $315,284 | $178,769 | $1,500 | — | — |
| 2023 | $155,264 | $5,417 | — | — | — |
| 2022 | $130,430 | — | — | — | — |