Retirement plan
THE DOW CHEMICAL COMPANY EMPLOYEES' SAVINGS PLAN
THE DOW CHEMICAL COMPANYEIN 38-1285128Plan #002PY 2018
2211 H.H. DOW WAY - MIDLAND, MI 48674989-636-3762
Other plans on this EIN
1 filingProspect flagsLow returnsHigh assets / participantLow employer contributionCorrective distributions
Filing contacts
From the Form 5500, federal recordPlan administrator signer
BRYAN JENDRETZKE
Signed 10/21/2019
Plan administrator entity
THE DOW CHEMICAL COMPANY
EIN 381285128
DOW NORTH AMERICA BENEFITS, 2211 H.H. DOW WAY · MIDLAND, MI 48674
Summary metrics
Total assets (EOY)
$10798.4M
-13.9% from 2016
Total participants
40,934
-9.8% from 2016
Average account balance
$265,997
-4.4% from 2016
Annual return
-8.18%
-16.30 pp from 2016
Benchmarks
Peer group
Industry32 - Manufacturing
Plan typeDefined contribution
Participants>=10,000
Cohort51 peers
Snapshot2018
60
Participant deferral / active EE
$11,851
median $8,636
4
Employer contribution / active EE
$21
median $4,852
80
Participation rate
98.6%
median 95.1%
80
Avg account balance
$265,997
median $163,739
44
Admin fee / account holder
$69
median $66
4
Annual return
-8.18%
median -4.12%
Overall peer rank
45of 100
45th percentileavg across 6 metrics
Analytics
2015 - 2024
Total assets (EOY)
Plan-year ending balance
$10.77B
Average account balance
Total assets / participants with a balance (line 6g)
$326K
Participants with account balance
Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.
33,016
Eligible Participants and Participation
Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.
99.8%
Contributions (total)
Employer and participant dollars contributed each year
$494.66M
Contributions per participant
Average employer and participant contribution per enrolled participant
$29K
Asset flow
BOY + contributions + return - distributions = EOY
Year
Annual return
Diverging bars; negative years highlighted
+12.42%
Admin fee / account holder
Total admin expenses / participants with a balance (line 6g)
$46
Asset composition
Cash / stocks / bonds / mutual funds / real estate / loans over time
- Mutual / pooled
- Stocks
- Bonds
- Cash
- Real estate
- Loans
Service providers
Top 6 by compensation
| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $1,322,048 |
MAYER BROWN LLP1 year Service code 29 · EIN 36-1447220 | Legal | $175,802 |
BNY MELLON4+ years Service code 19 ONE WALL STREET · NEW YORK, NY 10286 | Securities Custodian | $120,417 |
PLANTE & MORAN, PLLC4+ years Service code 16 · EIN 38-1357951 | Consulting | $67,050 |
WARNER NORCROSS&JUDD1 year Service code 29 · EIN 38-1422647 | Legal | $22,238 |
FIDELITY INV INST OPER CO., INC.4+ years Service code 60 | Sub-TA Fees | $0 |
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.
Plan features & details
Pension benefit codes2E2F2H2J2K2O2P2S2T3F3J3H
Plan features
- 2EProfit-sharingProfit-sharing plan.
- 2FERISA section 404(c) planThis plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
- 2HPartial participant-directed account planParticipants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
- 2JCode section 401(k) featureCash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
- 2KCode section 401(m) arrangementEmployee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
- 2OESOP other than a leveraged ESOPEmployee stock ownership plan that is not leveraged.
- 2PLeveraged ESOPEmployee stock ownership plan that acquires employer securities with borrowed money or other debt-financing techniques.
- 2SAutomatic enrollmentPlan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
- 2TDefault investment accountTotal or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
- 3FLeased employeesPlan sponsor(s) received services of leased employees as defined in Code section 414(n) during the plan year.
- 3HControlled group memberPlan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
- 3JU.S.-based Puerto Rico dual-qualified planU.S.-based plan that covers residents of Puerto Rico and is qualified under both Code section 401 and section 1165 of the Internal Revenue Code of Puerto Rico.
Opportunity flags
4 tripped
- OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
- OpportunityLow returns
Annual investment return is in the bottom quintile of the peer cohort.
- ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
- InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.
Expense breakdown
Schedule H Part II
Admin total
$2.8M
$116 / participant
- Other / not subdivided$3M100.0%
% of EOY assets
0.026%
all-in expense ratio
Categories reported
0 / 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, LLP
- Auditor EIN
- 135381590
- Audit fees
- (not subdivided)
- Opinion code
- Unqualified