Plan Ledger DOL Form 5500 · updated monthly

Momentive Performance Materials401(k)

MOMENTIVE TECHNOLOGIES SAVINGS PLAN · STRONGSVILLE, OH · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Momentive Performance Materials reported $119,963 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $8,004 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 0.17% to 0.13%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 366th-largest of 3,295 plans among Ohio employers on file, and the 1,897th of 13,661 in manufacturing. In 2024, employees put in $1.17 for every $1.00 the employer contributed; active participation has grown from 466 to 514 since 2022.

Plan summary
Net assets, end of year$100,923,709
Participants with balances662
Active participants514
Employer contributions$4,114,109
Employee contributions$4,808,940
Employer contribution per active participant$8,004
Average account balance$152,453
Benefits paid to participants$7,184,332
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$100.9M · 662 accts · $4.1M emplr
2023$86.4M · 618 accts · $3.8M emplr
2022$71.5M · 601 accts · $3.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$92,468
Total administrative$119,963
The Momentive Performance Materials 401(k) match · 2024
Employer contribution per active participant$8,004
Median for plans this size$3,635
2024$8,004 per active participant
2023$7,915 per active participant
2022$7,147 per active participant

Momentive Performance Materials's 2024 employer contribution ran above the $3,635 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 · 20242
OCTOBER THREE CONSULTING, LLC$22,645

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$119,963 · 0.13%
2023$154,885 · 0.20%
2022$139,519 · 0.17%
Same employer
Similar plansManufacturing · Ohio
Libbey Glass LLC OH$107.0M · 0.14%
Arrow International, Inc. OH$106.4M · 0.07%
Dayton Progress Corporation OH$100.9M · 0.11%
Grob Systems, Inc. OH$100.1M · 0.00%
Sarnova Hc, LLC OH$100.0M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 341839929 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.