Plan Ledger DOL Form 5500 · updated monthly

Wacker Chemical Corp.401(k)

WACKER SAVINGS PLAN · ANN ARBOR, MI · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Wacker Chemical Corp. reported $315,284 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $4,505 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 0.07% to 0.15%. 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 131st-largest of 2,619 plans among Michigan employers on file, and the 1,050th of 13,661 in manufacturing. In 2024, employees put in $1.72 for every $1.00 the employer contributed; active participation has grown from 1,405 to 1,585 since 2022.

Plan summary
Net assets, end of year$231,314,400
Participants with balances1,958
Active participants1,585
Employer contributions$7,140,374
Employee contributions$12,287,132
Employer contribution per active participant$4,505
Average account balance$118,138
Benefits paid to participants$24,843,312
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$231.3M · 1,958 accts · $7.1M emplr
2023$203.5M · 1,856 accts · $6.9M emplr
2022$175.1M · 1,863 accts · $5.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$136,515
Investment management$178,769
Total administrative$315,284
The Wacker Chemical Corp. 401(k) match · 2024
Employer contribution per active participant$4,505
Median for plans this size$3,635
2024$4,505 per active participant
2023$4,606 per active participant
2022$4,056 per active participant

Wacker Chemical Corp.'s 2024 employer contribution ran above the $3,635 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$136,515
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$112,307
USI ADVISORS INC · Investment advisory (plan)$66,463

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$315,284 · 0.15%
2023$155,264 · 0.08%
2022$130,430 · 0.07%
All plans at this employer2
WACKER SAVINGS PLAN401(k)
WACKER UNION SAVINGS PLAN401(k)
Same employer
Similar plansManufacturing · Michigan
Lacks Enterprises, Inc. MI$240.6M · 0.22%
Ej USA, Inc. MI$240.5M · 0.08%
Dawn Foods, Inc. MI$224.8M · 0.12%
Hutchinson Fms, Inc. MI$213.5M · 0.09%
L & L Products, Inc. MI$205.4M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 942272388 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.