Plan Ledger DOL Form 5500 · updated monthly

Clariant Corporation401(k)

CLARIANT RETIREMENT SAVINGS PLAN · CHARLOTTE, NC · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Clariant Corporation reported $250,150 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $8,743 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 rose from 0.05% to 0.08%. 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 83rd-largest of 2,005 plans among North Carolina employers on file, and the 796th of 13,661 in manufacturing. In 2024, employees put in $1.14 for every $1.00 the employer contributed; active participation has shrunk from 1,187 to 1,026 since 2022.

Plan summary
Net assets, end of year$329,851,563
Participants with balances1,844
Active participants1,026
Employer contributions$8,970,755
Employee contributions$10,270,538
Employer contribution per active participant$8,743
Average account balance$178,878
Benefits paid to participants$32,302,998
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$329.9M · 1,844 accts · $9.0M emplr
2023$302.8M · 1,927 accts · $8.4M emplr
2022$277.5M · 2,046 accts · $8.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$137,705
Investment management$89,870
Audit (IQPA)$22,575
Total administrative$250,150
The Clariant Corporation 401(k) match · 2024
Employer contribution per active participant$8,743
Median for plans this size$4,294
2024$8,743 per active participant
2023$8,143 per active participant
2022$7,183 per active participant

Clariant Corporation's 2024 employer contribution ran above the $4,294 median for plans its size, placing it in the top quarter of its peers. 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
SCHWAB RETIREMENT PLAN SERVICES,INC · Recordkeeping$137,705
CAPFINANCIAL PARTNERS LLC · Investment management$72,090
TRUIST BANK · Investment management$17,780
BKD, LLP · Accounting / audit$12,575
FORVIS MAZARS, LLP · Accounting / audit$10,000

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

Recordkeeper by year2
2024Charles Schwab
2023Charles Schwab

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Administrative cost history3
2024$250,150 · 0.08%
2023$215,484 · 0.07%
2022$170,292 · 0.05%
Same employer
Similar plansManufacturing · North Carolina
Itg Brands, LLC NC$397.9M · 0.07%
Enpro Inc. NC$373.1M · 0.09%
Kontoor Brands, Inc. NC$290.7M · 0.10%
Morganite Industries Inc. NC$289.8M · 0.18%
Spx Flow, Inc. NC$273.0M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 561356629 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.