Plan Snapshot
- Plan Sponsor: Wacker Chemical Corporation
- Sponsor EIN: 942272388
- Sponsor Address: 4950 S. STATE ROAD, ANN ARBOR, MI, 48108
- Plan Type: DB
- Total Participants: 50
- Total Assets: $96.8M
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 | 50 | $96.8M | $0 | $0 |
| 2023 | 53 | $94.6M | $1.5M | $0 |
| 2022 | 57 | $85.4M | $7.5M | $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 |
|---|---|---|---|---|
| MORGAN STANLEY SMITH BARNEY | Recordkeeper | $475,611 | — | $475,611 |
| USI CONSULTING GROUP | Actuary | $83,188 | — | $83,188 |
| FIRST STATE TRUST COMPANY | Custodian / Trustee | $33,587 | — | $33,587 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MORGAN STANLEY SMITH BARNEY — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $592,386
- Estimated Expense Ratio: 0.612% 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 | $611,407 | $475,611 | — | — | — |
| 2023 | $458,249 | $411,755 | — | — | — |
| 2022 | $491,249 | $444,565 | — | — | $32,389 |