PlanOptica
Retirement plan

DOW EMPLOYEES' PENSION PLAN

THE DOW CHEMICAL COMPANYEIN 38-1285128Plan #001PY 2023
Sign in to saveView 5500 PDF
2211 H.H. DOW WAY - MIDLAND, MI 48674989-638-5773
Other plans on this EIN
1 filing
#002Retirement-$10.08B assets
Prospect flagsHigh retiree %Low returnsWind-down / frozen

Filing contacts

From the Form 5500, federal record
Plan sponsor signer
(name not on filing)
(989) 638-5773
Plan administrator signer
BRYAN JENDRETZKE
Signed 10/03/2024
Plan administrator entity
THE DOW CHEMICAL COMPANY
EIN 381285128
DOW NORTH AMERICA BENEFITS, 2211 H.H. DOW WAY · MIDLAND, MI 48674
(989) 638-7140
How to read this page

Summary metrics

Total assets (EOY)
$11529.5M
-11.6% from 2016
Total participants
32,244
-13.3% from 2016
Average account balance
$0
No prior year
Annual return
2.84%
-3.03 pp from 2016

Benchmarks

See 177 peers
Peer group
Industryany (size+type match)
Plan typeDefined benefit
Participants5,000-9,999
Cohort177 peers
Snapshot2023
Participant deferral / active EE
$0
median $40
Employer contribution / active EE
$0
median $5,730
Participation rate
0.0%
median 0.0%
Avg account balance
$0
Admin fee / account holder
$0
Annual return
2.84%
median 9.38%
Overall peer rank
16th percentileavg across 6 metrics

Analytics

2015 - 2024
Total assets (EOY)
Plan-year ending balance
$10.93B
Average account balance
Total assets / participants with a balance (line 6g)
$342K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
25,541
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
0.0%
Contributions (total)
Employer and participant dollars contributed each year
$455.00M
Contributions per participant
Average employer and participant contribution per enrolled participant
$32K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+0.56%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$0
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
  • Mutual / pooled
  • Stocks
  • Bonds
  • Cash
  • Real estate
  • Loans

Service providers

Top 10 of 25 by compensation
ProviderService typeCompensation
WILLIS TOWERS WATSON9+ years
Service code 11 · EIN 53-0181291
Actuarial
$5,236,448
NEUBERGER BERMAN INVESTMENT ADVISER3 years
Service code 28 · EIN 02-0654486
Investment Management
$1,987,794
THE NORTHERN TRUST COMPANY1 year
Service code 21 · EIN 36-1561860
Bank Trustee
$1,918,301
NISA INVESTMENT ADVISORS LLC3 years
Service code 28 · EIN 48-1140940
Investment Management
$1,291,645
THE DOW CHEMICAL COMPANY9+ years
Service code 14 · EIN 38-1285128
Plan Administrator
$891,748
INSIGHT NORTH AMERICA LLC2 years
Service code 28 · EIN 82-0983489
Investment Management
$703,575
CALYPSO TECHNOLOGY, INC9+ years
Service code 16 · EIN 94-3277822
Consulting
$665,189
COVINGTON & BURLING LLP9+ years
Service code 29 · EIN 53-0188411
Legal
$603,441
RAMIREZ ASSET MANAGEMENT3 years
Service code 28 · EIN 13-4006232
Investment Management
$548,221
GOLDMAN SACHS ASSET MANAGEMENT, LP8 years
Service code 28 · EIN 13-3575636
Investment Management
$462,309

Enrolled actuary

1 attachment
SB

ANDREA L. FLESER

WILLIS TOWERS WATSON US LLC
Enrollment #2306842
26555 EVERGREEN RD., SUITE 1600
SOUTHFIELD, MI 48076
(248) 936-7700
Signed 2024-09-26

Top hat statement on fileNQDC

Filed July 10, 2007 (most recent of 7 filings on file)

This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.

Open the filing PDF

Plan features & details

Pension benefit codes1A1B1C1E3F3H
Plan features
  • 1A
    Benefits are primarily pay related
    Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
  • 1B
    Benefits are primarily flat dollar
    Benefits are primarily a flat dollar amount (including a dollar amount per year of service).
  • 1C
    Cash balance or similar plan
    A cash balance formula in a defined benefit plan that expresses the accrued benefit in terms more common to a defined contribution plan such as a hypothetical account balance or single sum amount (includes personal account plan pension equity plan life cycle plan and cash account plan).
  • 1E
    Section 401(h) arrangement
    Plan contains separate accounts under Code section 401(h) to provide employee health benefits.
  • 3F
    Leased employees
    Plan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
  • 3H
    Controlled group member
    Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped
  • OpportunityLow returns

    Annual investment return is in the bottom quintile of the peer cohort.

  • InformationalHigh retiree %

    Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.

  • InformationalWind-down / frozen

    Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

Expense breakdown

Schedule H Part II
Admin total
$53.6M
$7774 / participant
  • Trustee / custodial$3M5.2%
  • Investment mgmt$5M10.1%
  • Legal$603K1.1%
  • Actuarial$5M9.8%
  • Valuation$264K0.5%
  • Contract admin$5K0.0%
  • Other / not subdivided$39M73.3%
% of EOY assets
0.464%
all-in expense ratio
Categories reported
6 / 9
subdivided buckets used

Audit opinion

Schedule H Part III
Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm
BDO USA, P.C.
Auditor EIN
135381590
Audit fees
(not subdivided)
Opinion code
Unqualified