Employers › Material Sciences
Recordkeeping fees per participant · Material Sciences Corporation Savings and Investment Plan · plan year 2024
$77.05
Higher than 56% of the 5,847 plans $50 to 250M that report it.
= $39,914 / 518
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251014081019NAL0001101683001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014081019NAL0001101683001, received 2025-10-14
Percentiles compare this plan with the Schedule H plans $50 to 250M 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 2025-10-14.
Administrative expenses excluding investment management, per participant
$77.05
Higher than 39% of the 8,758 plans $50 to 250M that report it.
= $39,914 / 518
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014081019NAL0001101683001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014081019NAL0001101683001, received 2025-10-14
Administrative expenses per participant
$160.20
Higher than 60% of the 9,042 plans $50 to 250M that report it.
= $82,985 / 518
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014081019NAL0001101683001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014081019NAL0001101683001, received 2025-10-14
Administrative expenses as a share of assets
0.151%
Higher than 55% of the 9,049 plans $50 to 250M that report it.
= $82,985 / $55,056,305
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014081019NAL0001101683001, received 2025-10-14
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014081019NAL0001101683001, received 2025-10-14
Employer contributions per participant
$1,044
Higher than 11% of the 9,105 plans $50 to 250M that report it.
= $540,857 / 518
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014081019NAL0001101683001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014081019NAL0001101683001, received 2025-10-14
Employer share of total contributions
20.3%
Higher than 20% of the 9,112 plans $50 to 250M that report it.
= $540,857 / $2,670,650
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014081019NAL0001101683001, received 2025-10-14
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014081019NAL0001101683001, received 2025-10-14
Plan terms are described in Material Sciences Corporation's SEC filings: Form 11-K filed 2009-06-29 and Form 10-K filed 2013-05-06. No term could be quoted from them with the required precision.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251014081019NAL0001101683001, received 2025-10-14
| Field | Value | Source |
|---|---|---|
| Plan sponsor | MATERIAL SCIENCES CORPORATION | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251014081019NAL0001101683001, received 2025-10-14 |
| Plan name | MATERIAL SCIENCES CORPORATION SAVINGS AND INVESTMENT PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20251014081019NAL0001101683001, received 2025-10-14 |
| Sponsor EIN / plan number | 95-2673173 / 003 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251014081019NAL0001101683001, received 2025-10-14 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251014081019NAL0001101683001, received 2025-10-14 |
| Sponsor location | ELK GROVE VILLAGE, IL | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251014081019NAL0001101683001, received 2025-10-14 |
| Industry (business code) | 332810, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20251014081019NAL0001101683001, received 2025-10-14 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251014081019NAL0001101683001, received 2025-10-14 |
| Filing received | 2025-10-14 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251014081019NAL0001101683001, received 2025-10-14 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251014081019NAL0001101683001, received 2025-10-14 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20251014081019NAL0001101683001, received 2025-10-14 |
| Participants, beginning of year | 524 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251014081019NAL0001101683001, received 2025-10-14 |
| Active participants | 249 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251014081019NAL0001101683001, received 2025-10-14 |
| Participants, end of year | 518 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251014081019NAL0001101683001, received 2025-10-14 |
| Participants with an account balance | 518 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014081019NAL0001101683001, received 2025-10-14 |
| Total assets, beginning of year | $52,331,018 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251014081019NAL0001101683001, received 2025-10-14 |
| Total assets, end of year | $55,056,305 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014081019NAL0001101683001, received 2025-10-14 |
| Net assets, end of year | $55,056,305 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251014081019NAL0001101683001, received 2025-10-14 |
| Total income | $9,408,294 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251014081019NAL0001101683001, received 2025-10-14 |
| Net income | $2,725,287 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251014081019NAL0001101683001, received 2025-10-14 |
| Employer contributions | $540,857 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014081019NAL0001101683001, received 2025-10-14 |
| Participant contributions | $2,129,793 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251014081019NAL0001101683001, received 2025-10-14 |
| Total contributions | $2,670,650 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014081019NAL0001101683001, received 2025-10-14 |
| Benefit payments | $6,581,766 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251014081019NAL0001101683001, received 2025-10-14 |
| Total expenses (incl. benefit payments) | $6,683,007 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251014081019NAL0001101683001, received 2025-10-14 |
| Total administrative expenses | $82,985 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014081019NAL0001101683001, received 2025-10-14 |
| Recordkeeping fees | $39,914 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251014081019NAL0001101683001, received 2025-10-14 |
| Investment advisory and management fees | $43,071 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251014081019NAL0001101683001, received 2025-10-14 |
| Administrative expenses excluding investment management | $39,914 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014081019NAL0001101683001, received 2025-10-14 |
| Held in common/collective trusts | $6,527,155 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251014081019NAL0001101683001, received 2025-10-14 |
| Held in mutual funds | $47,947,819 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251014081019NAL0001101683001, received 2025-10-14 |
| Independent auditor | BDO USA, P.C. | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251014081019NAL0001101683001, received 2025-10-14 |
Position = column in the DOL layout for form year 2024. Filing 20251014081019NAL0001101683001, received 2025-10-14.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| TRANSAMERICA RETIREMENT SOLUTIONSrecordkeeper | RECORDKEEPER | 12 Claims processing; 15 Recordkeeping and information management; 28 Investment management; 37 Participant loan processing; 38 Participant communication; 50 Direct payment from the plan; 54 Sales loads (front end and deferred); 59 Shareholder servicing fees; 61 Finders fees / placement fees; 62 Float revenue; 63 Distribution (12b-1) fees; 64 Recordkeeping fees; 65 Account maintenance fees | $39,444 | yes |
| WAVERLY ADVISORS | INVESTMENT ADVISOR | 27 Investment advisory (plan); 50 Direct payment from the plan | $32,736 | no |
| STRATEGIC FINANCIAL GROUP | INVESTMENT ADVISOR | 27 Investment advisory (plan); 50 Direct payment from the plan | $10,335 | no |
| NATIONAL FINANCIAL SERVICES | SECURITIES BROKER | 33 Securities brokerage; 71 Securities brokerage commissions and fees | $0 | yes |
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 20251014081019NAL0001101683001, received 2025-10-14.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $52,331,018 | $55,056,305 | 5.2% |
| Participants with a balance | 519 | 518 | -0.2% |
| Administrative expenses | $75,350 | $82,985 | 10.1% |
| Recordkeeping fees per participant | $71.13 | $77.05 | 8.3% |
| Employer contributions | $1,064,489 | $540,857 | -49.2% |
Prior filing 20241015100216NAL0016105603006, received 2024-10-15; the plan years are contiguous.
Sponsor name as filed: MATERIAL SCIENCES CORPORATION; SEC registrant: MATERIAL SCIENCES CORP (CIK 755003, matched by EIN).