2023 Form 5500 filing — Hexion Inc. 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 20240916175732NAL0001829249001) for Hexion Inc. Retirement Savings Plan, reported by Hexion Inc. under EIN 13-0511250 and plan number 005. It reports 1,312 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240916175732NAL0001829249001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Hexion Inc.
- EIN
- 13-0511250
- Plan number
- 005
- Location
- Columbus, OH
- Participants
- 1,312
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $317,416,837
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $317,416,837
- Employer contributions
- $7,947,379
- Participant contributions
- $8,065,118
- Total income / additions
- $63,593,557
- Benefits paid
- $45,466,689
- Administrative expenses
- $266,963
- Total expenses
- $45,756,059
- Net increase / (decrease)
- $17,837,498
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Willis Towers Watson | INVESTMENT ADVISOR | $109,490 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $64,983 | $0 |
| Seyfarth Shaw | ATTORNEY/LEGAL | $38,847 | not reported in the loaded dataset |
| Strategic Advisors, Inc. | ADVISOR | $35,617 | not reported in the loaded dataset |
| Meaden & Moore Ltd | ACCOUNTANT/AUDITOR | $21,000 | not reported in the loaded dataset |