Employers › Omnova Solutions
Recordkeeping fees per participant · Synthomer Savings Plan · plan year 2024
$29.56
Higher than 24% of the 5,847 plans $50 to 250M that report it.
= $37,398 / 1,265
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20260401155542NAL0002087570001, received 2026-04-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20260401155542NAL0002087570001, received 2026-04-01
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 2026-04-01.
Administrative expenses excluding investment management, per participant
$29.56
Higher than 16% of the 8,758 plans $50 to 250M that report it.
= $37,398 / 1,265
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20260401155542NAL0002087570001, received 2026-04-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20260401155542NAL0002087570001, received 2026-04-01
Administrative expenses per participant
$69.30
Higher than 23% of the 9,042 plans $50 to 250M that report it.
= $87,659 / 1,265
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20260401155542NAL0002087570001, received 2026-04-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20260401155542NAL0002087570001, received 2026-04-01
Administrative expenses as a share of assets
0.053%
Higher than 21% of the 9,049 plans $50 to 250M that report it.
= $87,659 / $164,056,577
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20260401155542NAL0002087570001, received 2026-04-01
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20260401155542NAL0002087570001, received 2026-04-01
Employer contributions per participant
$2,821
Higher than 52% of the 9,105 plans $50 to 250M that report it.
= $3,568,798 / 1,265
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20260401155542NAL0002087570001, received 2026-04-01
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20260401155542NAL0002087570001, received 2026-04-01
Employer share of total contributions
26.0%
Higher than 38% of the 9,112 plans $50 to 250M that report it.
= $3,568,798 / $13,733,419
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20260401155542NAL0002087570001, received 2026-04-01
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20260401155542NAL0002087570001, received 2026-04-01
Plan terms are described in Omnova Solutions Inc's SEC filings: Form 11-K filed 2013-06-07 and Form 10-K filed 2020-01-31. No term could be quoted from them with the required precision.
2E profit-sharing · 2H partially participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2R participant brokerage window · 2T default investment (QDIA) · 3H controlled-group sponsor · 3I · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20260401155542NAL0002087570001, received 2026-04-01
| Field | Value | Source |
|---|---|---|
| Plan sponsor | SYNTHOMER INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20260401155542NAL0002087570001, received 2026-04-01 |
| Plan name | SYNTHOMER SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20260401155542NAL0002087570001, received 2026-04-01 |
| Sponsor EIN / plan number | 34-1897652 / 013 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20260401155542NAL0002087570001, received 2026-04-01 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20260401155542NAL0002087570001, received 2026-04-01 |
| Sponsor location | BEACHWOOD, OH | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20260401155542NAL0002087570001, received 2026-04-01 |
| Industry (business code) | 326200, Manufacturing | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20260401155542NAL0002087570001, received 2026-04-01 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20260401155542NAL0002087570001, received 2026-04-01 |
| Filing received | 2026-04-01 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20260401155542NAL0002087570001, received 2026-04-01 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20260401155542NAL0002087570001, received 2026-04-01 |
| Amended filing | yes | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20260401155542NAL0002087570001, received 2026-04-01 |
| Participants, beginning of year | 1,372 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20260401155542NAL0002087570001, received 2026-04-01 |
| Active participants | 789 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20260401155542NAL0002087570001, received 2026-04-01 |
| Participants, end of year | 1,295 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20260401155542NAL0002087570001, received 2026-04-01 |
| Participants with an account balance | 1,265 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20260401155542NAL0002087570001, received 2026-04-01 |
| Total assets, beginning of year | $153,265,696 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20260401155542NAL0002087570001, received 2026-04-01 |
| Total assets, end of year | $164,056,577 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20260401155542NAL0002087570001, received 2026-04-01 |
| Net assets, end of year | $164,056,577 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20260401155542NAL0002087570001, received 2026-04-01 |
| Total income | $33,504,632 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20260401155542NAL0002087570001, received 2026-04-01 |
| Net income | $10,790,881 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20260401155542NAL0002087570001, received 2026-04-01 |
| Employer contributions | $3,568,798 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20260401155542NAL0002087570001, received 2026-04-01 |
| Participant contributions | $8,646,364 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20260401155542NAL0002087570001, received 2026-04-01 |
| Other contributions (incl. rollovers) | $1,518,257 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20260401155542NAL0002087570001, received 2026-04-01 |
| Total contributions | $13,733,419 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20260401155542NAL0002087570001, received 2026-04-01 |
| Benefit payments | $22,626,092 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20260401155542NAL0002087570001, received 2026-04-01 |
| Total expenses (incl. benefit payments) | $22,713,751 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20260401155542NAL0002087570001, received 2026-04-01 |
| Total administrative expenses | $87,659 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20260401155542NAL0002087570001, received 2026-04-01 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20260401155542NAL0002087570001, received 2026-04-01 |
| Recordkeeping fees | $37,398 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20260401155542NAL0002087570001, received 2026-04-01 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20260401155542NAL0002087570001, received 2026-04-01 |
| Investment advisory and management fees | $50,261 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20260401155542NAL0002087570001, received 2026-04-01 |
| Administrative expenses excluding investment management | $37,398 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20260401155542NAL0002087570001, received 2026-04-01 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20260401155542NAL0002087570001, received 2026-04-01 |
| Held in common/collective trusts | $109,291,757 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20260401155542NAL0002087570001, received 2026-04-01 |
| Held in mutual funds | $50,300,440 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20260401155542NAL0002087570001, received 2026-04-01 |
| Independent auditor | MEADEN & MOORE, LTD | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20260401155542NAL0002087570001, received 2026-04-01 |
Position = column in the DOL layout for form year 2024. Filing 20260401155542NAL0002087570001, received 2026-04-01.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| STRATEGIC ADVISORS, INC. | ADVISOR | 27 Investment advisory (plan) | $50,261 | no |
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees | $37,398 | 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 20260401155542NAL0002087570001, received 2026-04-01.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $153,265,696 | $164,056,577 | 7.0% |
| Participants with a balance | 1,337 | 1,265 | -5.4% |
| Administrative expenses | $141,480 | $87,659 | -38.0% |
| Recordkeeping fees per participant | $56.26 | $29.56 | -47.4% |
| Employer contributions | $6,167,198 | $3,568,798 | -42.1% |
Prior filing 20260209103506NAL0001379281001, received 2026-02-09; the plan years are contiguous.
Sponsor name as filed: SYNTHOMER INC.; SEC registrant: OMNOVA SOLUTIONS INC (CIK 1090061, matched by EIN).