Essential Holding America 401(k) match, vesting and fees

Plan year 2024 filingSolvay US Companies 401(k) Plan · Plan 002 · EIN 92-3594273Updated Oct 2026

What Essential Holding America's 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $10.4M in employer contributions, about $7,081 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$293,747
Average account balance
1,477
Participants (end of year)
$433M
Plan assets (end of year)
0.04%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperM. Lynch, Pierce, Fenner and SmithSchedule C ↗
Independent auditorRsm US LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗

How the plan compares

Plan year 2024 medians for 1,619 defined-contribution plans in manufacturing with 1,000 to 4,999 participants.

Essential Holding America: employer contribution per participant$7,081
Peer median$2,413
Essential Holding America: average balance$293,747
Peer median$86,456
Essential Holding America: admin expenses ÷ assets0.04%
Peer median0.12%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets went from $406M at the end of plan year 2023 to $433M at the end of plan year 2024.

$406M2023$433M2024
End-of-year figures from each plan year's Form 5500 filing for the Essential Holding America plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
20241,477$433M$10.4M$7,0810.04%Not publishedForm 5500 ↗
20231,507$406M$1.6M$1,065<0.01%Not publishedForm 5500 ↗

Other Essential Holding America plans (1)

Each plan files its own Form 5500. Figures are from each plan's latest filing.

Solvay US Companies Pension Plan

Plan 001 · EIN 92-3594273 · plan year 2024 filing
$132,710
Average account balance
1,623
Participants (end of year)
$215M
Plan assets (end of year)
0.72%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

Independent auditorRsm US LLP (unmodified opinion, limited scope)Schedule H ↗
Plan type and statusPension (defined benefit) · ActiveForm 5500 ↗

Common questions

Does Essential Holding America match 401(k) contributions?

The match terms for the Solvay US Companies 401(k) Plan have not been published from its filing yet. The plan year 2024 filing reports $10.4M in employer contributions, about $7,081 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Essential Holding America 401(k) match vested?

The vesting schedule for the Solvay US Companies 401(k) Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Essential Holding America 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is M. Lynch, Pierce, Fenner and Smith. The plan administrator is Essential Holding America, LLC.

I left Essential Holding America. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Essential Holding America, LLC, (609) 860-4000) or the recordkeeper, M. Lynch, Pierce, Fenner and Smith. The Essential Holding America old 401(k) page lists the contacts from every plan filing. Find an old Essential Holding America 401(k)

Data from the public Form 5500 annual reports Essential Holding America filed with the U.S. Department of Labor (plan years 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Essential Holding America. Not financial advice. Report a correction · Methodology