2023 Form 5500 filing — Materion Corporation Retirement Savings Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240625152845NAL0007608609001) for Materion Corporation Retirement Savings Plan, reported by Materion Corporation under EIN 34-1919973 and plan number 003. It reports 3,598 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240625152845NAL0007608609001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Materion Corporation
- EIN
- 34-1919973
- Plan number
- 003
- Location
- Mayfield Heights, OH
- Participants
- 3,598
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $424,599,221
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $424,599,221
- Employer contributions
- $13,577,754
- Participant contributions
- $19,151,484
- Total income / additions
- $112,325,071
- Benefits paid
- $44,712,092
- Administrative expenses
- $444,504
- Total expenses
- $45,181,049
- Net increase / (decrease)
- $67,144,022
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $226,997 | $0 |
| Strategic Advisors, Inc. | ADVISOR | $85,327 | not reported in the loaded dataset |
| Thompson Hine | ATTORNEY/LEGAL | $67,775 | not reported in the loaded dataset |
| Clearstead Advisors, LLC | INVESTMENT ADVISOR | $64,352 | not reported in the loaded dataset |