Plan Ledger DOL Form 5500 · updated monthly

Avient Corporation401(k) + ESOP (KSOP)

AVIENT RETIREMENT SAVINGS PLAN · AVON LAKE, OH · plan year 2024

Reported admin expense ratio · 2024
0.09%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Avient Corporation reported $603,965 in plan administrative expenses for 2024: 0.09% of average plan assets, above the peer median. Employer contributions averaged $3,796 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.10% to 0.09%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 84th-largest of 3,295 plans among Ohio employers on file, and the 449th of 13,661 in manufacturing. In 2024, employees put in $2.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$678,156,323
Participants with balances4,364
Active participants3,116
Employer contributions$11,829,649
Employee contributions$25,754,037
Employer contribution per active participant$3,796
Average account balance$155,398
Benefits paid to participants$85,737,893
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$678.2M · 4,364 accts · $11.8M emplr
2023$628.4M · 4,406 accts · $11.9M emplr
2022$574.3M · 4,411 accts · $12.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$244,655
Investment management$207,761
Audit (IQPA)$44,928
Total administrative$603,965
The Avient Corporation 401(k) match · 2024
Employer contribution per active participant$3,796
Median for plans this size$4,294
2024$3,796 per active participant
2023$3,838 per active participant
2022$3,901 per active participant

Avient Corporation's 2024 employer contribution ran below the $4,294 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$244,892
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$204,271
MERCER INVESTMENT CONSULTING LLC · Investment advisory (plan) · Investment management$102,465
BOBER MARKEY FEDOROVICH & COMPANY · Accounting / audit · Consulting$39,000
PLANTE & MORAN, PLLC · Accounting / audit$5,928

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$603,965 · 0.09%
2023$586,933 · 0.10%
2022$638,299 · 0.10%
Same employer
Similar plansManufacturing · Ohio
Greif Packaging LLC OH$863.4M · 0.08%
Nordson Corporation OH$761.4M · 0.05%
The Scotts Company LLC OH$691.4M · 0.04%
Masterbrand, Inc. OH$544.3M · 0.13%
Great Lakes Cheese Co OH$504.2M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341730488 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.