Avient Retirement Savings Plan — Form 5500 plan (Avient Corporation)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Avient Retirement Savings Plan is a benefit plan reported by Avient Corporation under EIN 34-1730488 and plan number 010. The latest loaded filing year is 2023. The filing reports 4,568 participants and $628,372,035 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Avient Corporation
- EIN
- 34-1730488
- Plan number
- 010
- Plan type
- 2
- Location
- Avon Lake, OH
- Latest filing year
- 2023
- Participants
- 4,568
- End-of-year plan assets
- $628,372,035
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 4,568 | H, C | 20240709103956NAL0020812224001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $628,372,035
- Total liabilities (EOY)
- $1,997
- Net assets (EOY)
- $628,370,038
- Net assets (BOY)
- $574,338,179
Income & contributions
- Employer contributions
- $11,916,375
- Participant contributions
- $24,636,338
- Total contributions
- $39,677,912
- Total income / additions
- $147,564,393
Expenses & distributions
- Benefits paid
- $92,890,655
- Administrative expenses
- $586,933
- Total expenses
- $93,532,534
- Net increase / (decrease)
- $54,031,859
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $265,172 | $0 | 2023 |
| Strategic Advisors, Inc. | ADVISOR | $173,200 | not reported in the loaded dataset | 2023 |
| Plante & Moran, Pllc | ACCOUNTANT/AUDITOR | $66,800 | not reported in the loaded dataset | 2023 |
| Mercer Investment Consulting LLC | INVESTMENT ADVISOR | $65,946 | not reported in the loaded dataset | 2023 |
| Pacific Resources Benefits Advisors | CONSULTANT | $12,575 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Avient Corporation
- 2023 Form 5500 filing
- Form 5500 filings in OH
- 401(k) and benefit plan filings in Avon Lake, OH
- Fidelity Investments Institutional — Schedule C compensation
- Strategic Advisors, Inc. — Schedule C compensation
- Plante & Moran, Pllc — Schedule C compensation
- Mercer Investment Consulting LLC — Schedule C compensation
- Pacific Resources Benefits Advisors — Schedule C compensation