401k Record

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Bayer 401(k)

Recordkeeping fees per participant · Bayer Corporation Savings and Retirement Plan · plan year 2024

$2.43

Higher than 4% of the 790 plans over $1B that report it.

Source

= $72,602 / 29,901
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250807072011NAL0002062003001, received 2025-08-07
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250807072011NAL0002062003001, received 2025-08-07

10th: $6.72median $34.2890th: $56.58

Percentiles compare this plan with the Schedule H plans over $1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-08-07.

Cost and contributions

Administrative expenses excluding investment management, per participant

$8.08

10th: $9.43median $44.4790th: $97.55

Higher than 8% of the 1,045 plans over $1B that report it.

Source

= $241,602 / 29,901
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250807072011NAL0002062003001, received 2025-08-07
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250807072011NAL0002062003001, received 2025-08-07

Administrative expenses per participant

$89.45

10th: $24.33median $70.0390th: $174.36

Higher than 64% of the 1,076 plans over $1B that report it.

Source

= $2,674,653 / 29,901
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250807072011NAL0002062003001, received 2025-08-07
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250807072011NAL0002062003001, received 2025-08-07

Administrative expenses as a share of assets

0.025%

10th: 0.013%median 0.046%90th: 0.111%

Higher than 23% of the 1,076 plans over $1B that report it.

Source

= $2,674,653 / $10,811,159,993
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250807072011NAL0002062003001, received 2025-08-07
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250807072011NAL0002062003001, received 2025-08-07

Employer contributions per participant

$8,453

10th: $1,442median $3,74490th: $8,760

Higher than 89% of the 1,135 plans over $1B that report it.

Source

= $252,755,585 / 29,901
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250807072011NAL0002062003001, received 2025-08-07
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250807072011NAL0002062003001, received 2025-08-07

Employer share of total contributions

46.4%

10th: 19.8%median 33.4%90th: 47.5%

Higher than 88% of the 1,135 plans over $1B that report it.

Source

= $252,755,585 / $544,583,896
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250807072011NAL0002062003001, received 2025-08-07
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250807072011NAL0002062003001, received 2025-08-07

Plan terms, as stated in Bayer Corporation's SEC filings

Plan terms are not published in public filings.

Plan features

2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3F · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250807072011NAL0002062003001, received 2025-08-07

Full record, Bayer Corporation Savings and Retirement Plan

FieldValueSource
Plan sponsorBAYER CORPORATIONForm 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250807072011NAL0002062003001, received 2025-08-07
Plan nameBAYER CORPORATION SAVINGS AND RETIREMENT PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20250807072011NAL0002062003001, received 2025-08-07
Sponsor EIN / plan number25-1339219 / 051Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250807072011NAL0002062003001, received 2025-08-07
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250807072011NAL0002062003001, received 2025-08-07
Sponsor locationST LOUIS, MOForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250807072011NAL0002062003001, received 2025-08-07
Industry (business code)325410, ManufacturingForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20250807072011NAL0002062003001, received 2025-08-07
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250807072011NAL0002062003001, received 2025-08-07
Filing received2025-08-07Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250807072011NAL0002062003001, received 2025-08-07
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250807072011NAL0002062003001, received 2025-08-07
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20250807072011NAL0002062003001, received 2025-08-07
Participants, beginning of year32,363Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250807072011NAL0002062003001, received 2025-08-07
Active participants17,218Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250807072011NAL0002062003001, received 2025-08-07
Participants, end of year30,109Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250807072011NAL0002062003001, received 2025-08-07
Participants with an account balance29,901Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250807072011NAL0002062003001, received 2025-08-07
Total assets, beginning of year$10,333,863,661Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250807072011NAL0002062003001, received 2025-08-07
Total assets, end of year$10,811,159,993Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250807072011NAL0002062003001, received 2025-08-07
Net assets, end of year$10,807,762,159Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250807072011NAL0002062003001, received 2025-08-07
Total income$1,822,217,701Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250807072011NAL0002062003001, received 2025-08-07
Net income$476,576,423Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250807072011NAL0002062003001, received 2025-08-07
Employer contributions$252,755,585Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250807072011NAL0002062003001, received 2025-08-07
Participant contributions$260,793,287Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250807072011NAL0002062003001, received 2025-08-07
Other contributions (incl. rollovers)$31,035,024Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250807072011NAL0002062003001, received 2025-08-07
Total contributions$544,583,896Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250807072011NAL0002062003001, received 2025-08-07
Benefit payments$1,342,862,966Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250807072011NAL0002062003001, received 2025-08-07
Total expenses (incl. benefit payments)$1,345,641,278Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250807072011NAL0002062003001, received 2025-08-07
Total administrative expenses$2,674,653Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250807072011NAL0002062003001, received 2025-08-07
Recordkeeping fees$72,602Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250807072011NAL0002062003001, received 2025-08-07
Investment advisory and management fees$2,433,051Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250807072011NAL0002062003001, received 2025-08-07
Administrative expenses excluding investment management$241,602derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250807072011NAL0002062003001, received 2025-08-07
Held in common/collective trusts$7,863,067,776Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250807072011NAL0002062003001, received 2025-08-07
Held in mutual funds$1,905,020,210Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250807072011NAL0002062003001, received 2025-08-07
Independent auditorSCHNEIDER DOWNS & CO., INC.Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250807072011NAL0002062003001, received 2025-08-07

Position = column in the DOL layout for form year 2024. Filing 20250807072011NAL0002062003001, received 2025-08-07.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
STRATEGIC ADVISORS INCINV ADVISOR 27 Investment advisory (plan); 50 Direct payment from the plan $2,433,051no
AON INVESTMENTS USA INCCONSULTANT 16 Consulting (general); 50 Direct payment from the plan $169,000no
FIDELITY INV INSTL OPSrecordkeeperRECORDKEEPER 37 Participant loan processing; 64 Recordkeeping fees; 65 Account maintenance fees $72,062yes

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250807072011NAL0002062003001, received 2025-08-07.

What changed since the 2023 plan year

Figure20232024Change
Total assets$10,333,863,661$10,811,159,9934.6%
Participants with a balance32,15729,901-7.0%
Administrative expenses$2,711,275$2,674,653-1.4%
Recordkeeping fees per participant$11.13$2.43-78.2%
Employer contributions$285,142,164$252,755,585-11.4%

Prior filing 20240731112908NAL0022146833001, received 2024-07-31; the plan years are contiguous.

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Sponsor name as filed: BAYER CORPORATION; SEC registrant: BAYER CORP (CIK 1008007, matched by EIN).