Retirement plan

AVANTOR PENSION PLAN

Name: AVANTOR PERFORMANCE MATERIALS, LLC - AVANTOR PENSION PLAN (2023) Form 5500
Creator: AVANTOR PERFORMANCE MATERIALS, LLC
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, AVANTOR PENSION PLAN, AVANTOR PERFORMANCE MATERIALS, LLC

AVANTOR PERFORMANCE MATERIALS, LLCEIN 22-0750930Plan #006PY 2023

RADNOR CP CTR, BLDG ONE, STE 200, P.O. BOX 6660, 100 MATSONFORD ROAD - RADNOR, PA 190878660610-386-1450

Prospect flagsLow employer contributionLow participant contributionWind-down / frozen

How to read this page

Total assets (EOY)

$216.6M

+3.7% from 2022

Total participants

5,496

-2.4% from 2022

Average account balance

No prior year

Annual return

9.53%

+27.32 pp from 2022

Benchmarks

See 90 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined benefit

Participants1,000-4,999

Cohort90 peers

Snapshot2023

See peer percentile detail. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Analytics

Total assets (EOY)

Plan-year ending balance

$154.99M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$58K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

2,471

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

0.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

Not enough data

0 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

Not enough data

0 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+0.45%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

See the 10-year trajectory. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Service providers

Top 7 by compensation

Provider	Service type	Compensation
MERCER6 years Service code 11 · EIN 13-2834414	Actuarial	$958,116
NISA INVESTMENT ADVISORS, LLC3 years Service code 28 · EIN 48-1140940	Investment Management	$287,952
CAPFINANCIAL PARTNERS LLC3 years Filed as: CAPFINANCIAL PARTNERS, LLC Service code 28 · EIN 26-0058143	Investment Management	$61,917
SLC MANAGEMENT3 years Filed as: SUN TRUST BANK Service code 28 · EIN 58-1575035	Investment Management	$61,917
PRINCIPLE LIFE INSURANCE COMPANY2 years Filed as: PRINCIPAL TRUST/PSC Service code 21 · EIN 51-0099493	Bank Trustee	$32,979
TORRILLO & ASSOCIATES, LLC6 years Service code 10 · EIN 83-0414789	Accounting	$22,950
FAEGRE DRINKER BIDDLE & REATH LLP1 year Filed as: FAEGRE DRINKER BIDDLE & REATH Service code 29 · EIN 23-1423089	Legal	$22,464

Enrolled actuary

1 attachment

See 1 actuary disclosure. $4.99 for your first month.

Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.

Start for $4.99 See plans

Plan features & details

Pension benefit codes1A1B1I1C

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).
1I
Frozen plan
As of the last day of the plan year the plan provides that no participant will get any new benefit accrual whether because of service or compensation.

Opportunity flags

3 tripped

OpportunityLow participant contribution
Participant contribution per participant is in the bottom quintile of the peer cohort.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.
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

$2.0M

$1087 / participant

Investment mgmt$445K22.4%
Legal$22K1.1%
Actuarial$958K48.2%
Other / not subdivided$563K28.3%

% of EOY assets

0.918%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

The auditor signed off without reservation. This is the cleanest opinion.

Auditor firm: TORRILLO & ASSOCIATES, LLC
Auditor EIN: 830414789
Audit fees: $22,950
Opinion code: Unqualified

Look up a plan sponsor by EIN. Free Form 5500 search. No signup.

Metric

This plan

Peer set

Industry

Size

Avg account balance

$13,363-100.0%

$182,032-100.0%

$13,363-100.0%

Participation rate

0.0%

0.0%0pp

13.4%-13.4pp

2.2%-2.2pp

Annual return

9.53%

10.30%-0.8pp

7.70%+1.8pp

9.11%+0.4pp

Employer contribution / active EE

$9,006-100.0%

$28,478-100.0%

$12,231-100.0%

Participant deferral / active EE

$902-100.0%

$49-100.0%

$1,272-100.0%

Admin fee / account holder

$125-100.0%

$51,246-100.0%

$125-100.0%

Provider

Service type

Compensation

MERCER6 years

Service code 11 · EIN 13-2834414

Actuarial

$958,116

NISA INVESTMENT ADVISORS, LLC3 years

Service code 28 · EIN 48-1140940

Investment Management

$287,952

CAPFINANCIAL PARTNERS LLC3 years

Filed as: CAPFINANCIAL PARTNERS, LLC

Service code 28 · EIN 26-0058143

Investment Management

$61,917

SLC MANAGEMENT3 years

Filed as: SUN TRUST BANK

Service code 28 · EIN 58-1575035

Investment Management

$61,917

PRINCIPLE LIFE INSURANCE COMPANY2 years

Filed as: PRINCIPAL TRUST/PSC

Service code 21 · EIN 51-0099493

Bank Trustee

$32,979

TORRILLO & ASSOCIATES, LLC6 years

Service code 10 · EIN 83-0414789

Accounting

$22,950

FAEGRE DRINKER BIDDLE & REATH LLP1 year

Filed as: FAEGRE DRINKER BIDDLE & REATH

Service code 29 · EIN 23-1423089

Legal

$22,464

AVANTOR PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

AVANTOR PENSION PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Enrolled actuary

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion