Retirement plan

ASHLAND EMPLOYEE SAVINGS PLAN

Name: ASHLAND INC. - ASHLAND EMPLOYEE SAVINGS PLAN (2024) Form 5500
Creator: ASHLAND INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ASHLAND EMPLOYEE SAVINGS PLAN, ASHLAND INC.

ASHLAND INC.EIN 81-2587835Plan #010PY 2024

500 HERCULES DRIVE, BUILDING 8145 - WILMINGTON, DE 19808844-592-5322ashland.comLinkedIn1001-5000 employeeschemicals

Other plans on this EIN

2 filings

#007Retirement-$56.3M assets #020Retirement-$23.0M assets

Prospect flagsHigh assets / participantFailed to provide benefit

How to read this page

Total assets (EOY)

$1306.8M

+3.1% from 2023

Total participants

5,158

-2.0% from 2023

Average account balance

$275,575

+14.3% from 2023

Annual return

14.45%

-0.67 pp from 2023

Benchmarks

See 154 peers

Peer group

Industry55 - Management of Companies and Enterprises

Plan typeDefined contribution

Participants1,000-4,999

Cohort154 peers

Snapshot2024

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

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Analytics

Total assets (EOY)

Plan-year ending balance

$1.34B

Not enough data

1 years with asset history on file

Average account balance

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

$342K

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.

3,907

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.

69.5%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$25.61M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$19K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+14.31%

Not enough data

1 years with return on file

Admin fee / account holder

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

$85

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 4-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.

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Service providers

Top 5 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL3+ years Service code 37 · EIN 04-2647786	Loan Processing	$172,605
FIDUCIENT ADVISORS LLC3+ years Filed as: FIDUCIENT ADVISORS Service code 27 · EIN 36-4001764	Advisory (Plan)	$89,176
THOMPSON HINE2 years Service code 29 · EIN 34-0575300	Legal	$42,695
PIMCO FUNDS2 years Filed as: PIMCO Service code 49 · EIN 33-0629048	Other Services	$8,374
NEWPORT GROUP, INC.2 years Filed as: NEWPORT GROUP Service code 28 · EIN 27-2037969	Investment Management	$5,108

Plan features & details

Pension benefit codes2F2H2J2K2S2T3I2E2R

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2H
Partial participant-directed account plan
Participants 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.
2J
Code section 401(k) feature
Cash 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.
2K
Code section 401(m) arrangement
Employee 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.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3I
Employer securities investment required
Plan requiring that all or part of employer contributions be invested and held at least for a limited period in employer securities.

Opportunity flags

2 tripped

ComplianceFailed to provide benefit
Form 5500 reported that benefits due were not provided when due.
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$668K

$435 / participant

Recordkeeping$168K25.2%
Investment mgmt$94K14.1%
Legal$43K6.4%
Contract admin$4K0.5%
Other / not subdivided$359K53.8%

% of EOY assets

0.051%

all-in expense ratio

Categories reported

4 / 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: BLUE AND COMPANY, LLC
Auditor EIN: 351178661
Audit fees: $0
Opinion code: Unqualified

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Metric

This plan

Peer set

Industry

Size

Avg account balance

$275,575

$148,970+85.0%

$136,007+102.6%

$199,593+38.1%

Participation rate

72.9%

79.4%-6.4pp

76.5%-3.5pp

72.0%+1.0pp

Annual return

14.45%

27.07%-12.6pp

579.32%-564.9pp

34.25%-19.8pp

Employer contribution / active EE

$8,520

$3,561+139.2%

$4,217+102.1%

$3,034+180.8%

Participant deferral / active EE

$10,669

$6,140+73.8%

$7,025+51.9%

$5,087+109.7%

Admin fee / account holder

$141

$144-2.1%

$6,858-97.9%

$269-47.6%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL3+ years

Service code 37 · EIN 04-2647786

Loan Processing

$172,605

FIDUCIENT ADVISORS LLC3+ years

Filed as: FIDUCIENT ADVISORS

Service code 27 · EIN 36-4001764

Advisory (Plan)

$89,176

THOMPSON HINE2 years

Service code 29 · EIN 34-0575300

Legal

$42,695

PIMCO FUNDS2 years

Filed as: PIMCO

Service code 49 · EIN 33-0629048

Other Services

$8,374

NEWPORT GROUP, INC.2 years

Filed as: NEWPORT GROUP

Service code 28 · EIN 27-2037969

Investment Management

$5,108

ASHLAND EMPLOYEE SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ASHLAND EMPLOYEE SAVINGS PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

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