2023 Form 5500 filing — Avient 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 20240709103956NAL0020812224001) for Avient Retirement Savings Plan, reported by Avient Corporation under EIN 34-1730488 and plan number 010. It reports 4,568 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240709103956NAL0020812224001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Avient Corporation
- EIN
- 34-1730488
- Plan number
- 010
- Location
- Avon Lake, OH
- Participants
- 4,568
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $628,372,035
- Total liabilities (EOY)
- $1,997
- Net assets (EOY)
- $628,370,038
- Employer contributions
- $11,916,375
- Participant contributions
- $24,636,338
- Total income / additions
- $147,564,393
- Benefits paid
- $92,890,655
- Administrative expenses
- $586,933
- Total expenses
- $93,532,534
- Net increase / (decrease)
- $54,031,859
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $265,172 | $0 |
| Strategic Advisors, Inc. | ADVISOR | $173,200 | not reported in the loaded dataset |
| Plante & Moran, Pllc | ACCOUNTANT/AUDITOR | $66,800 | not reported in the loaded dataset |
| Mercer Investment Consulting LLC | INVESTMENT ADVISOR | $65,946 | not reported in the loaded dataset |
| Pacific Resources Benefits Advisors | CONSULTANT | $12,575 | not reported in the loaded dataset |