Plan Ledger DOL Form 5500 · updated monthly

Momentive Performance Materials Inc.401(k)

MOMENTIVE PERFORMANCE MATERIALS SAVINGS PLAN · NISKAYUNA, NY · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Momentive Performance Materials Inc. reported $175,904 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $13,677 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 0.03% to 0.04%. 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 227th-largest of 5,648 plans among New York employers on file, and the 571st of 13,661 in manufacturing. In 2024, the employer put in $1.21 for every $1.00 employees contributed themselves.

Plan summary
Net assets, end of year$498,011,529
Participants with balances2,085
Active participants1,496
Employer contributions$20,460,954
Employee contributions$16,964,175
Employer contribution per active participant$13,677
Average account balance$238,854
Benefits paid to participants$53,402,617
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$498.0M · 2,085 accts · $20.5M emplr
2023$447.2M · 2,137 accts · $15.3M emplr
2022$378.6M · 2,235 accts · $15.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$109,967
Investment management$30,237
Audit (IQPA)$35,700
Total administrative$175,904
The Momentive Performance Materials Inc. 401(k) match · 2024
Employer contribution per active participant$13,677
Median for plans this size$4,294
2024$13,677 per active participant
2023$10,314 per active participant
2022$9,697 per active participant

Momentive Performance Materials Inc.'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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$109,967
CROWE · Accounting / audit$35,700
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$30,237

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$175,904 · 0.04%
2023$157,947 · 0.04%
2022$146,665 · 0.03%
Same employer
Similar plansManufacturing · New York
Rich Products Corporation NY$769.3M · 0.04%
Hunter Douglas, Inc NY$528.9M · 0.17%
Coty Inc. NY$449.6M · 0.20%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205748297 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.