Defined Benefit (Pension) · DOL Form 5500 · 2022
Lyondell Chemical Company Pension Plan
Data updated 2026-08-06
- $948M
- Total assets
- 7,965
- Participants
- 99th
- Percentile by assets
- $119,055
- Avg per participant
Official DOL plan name: Lyondellbasell Pension Plan · Sponsored by Lyondell Chemical Company · Texas · Manufacturing
$948M in assets, 7,965 participants
Lyondell Chemical Company's Lyondellbasell Pension Plan reported $948M in total assets and 7,965 participants in its 2022 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 99th percentile by assets (of 139,258 plans)
- #20,200 in Manufacturing (20,629 peers)
Coverage in Texas
Lyondellbasell Pension Plan covers 7,965 participants in Texas, 11x the typical Texas plan (state average ~704 per filing). Assets: $948M.
- $948M
- total plan assets (2022 EOY)
- 7,965
- covered participants
- 99th
- percentile by assets (of 139,258 plans)
- $119,055
- avg assets per participant
The plan reported a net loss of $721M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Participants vs Texas filers
In Texas, the average filing covers about 704 participants across 9,718 plans. Lyondellbasell Pension Plan reports 7,965 participants - 11x that state average ($948M EOY assets).
Texas filing particulars
| Total Assets (Beginning of Year) | $1.7B |
|---|---|
| Net Assets (End of Year) | $948M |
| Net Income | -$721M |
| Employer EIN | 954160558 |
| Plan Effective Date | 1987-04-29 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Lyondell Chemical Company)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 15,729 | $3.0B |
| 2023 | 2 | 15,875 | $3.4B |
| 2024 | 2 | 16,665 | $3.6B |
Nearby Defined Benefit (Pension) Plans in Texas
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Lyondellbasell Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants
- AT&T Pension Benefit Plan $41.0B · 119,463
- Shell Pension Plan $14.6B · 12,912
- Exxonmobil Pension Plan $11.6B · 23,661
- Caterpillar Inc. Retirement Income Plan $9.5B · 12,815
- Bp Retirement Accumulation Plan $5.4B · 9,156
Scale composition for Lyondellbasell Pension Plan
Lyondellbasell Pension Plan reports $948M in end-of-year assets across 7,965 participants (0.008% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.009% of 89,805,449 covered participants) - about $119,055 per participant (87% of the national average assets-per-participant) . Net income for plan year 2022 was -$721M.
This plan identity (EIN 954160558, plan #012) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $948M to $935M (-1.4%) while covered participants moved from 7,965 to 8,606 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 7,965 | $948M | This page |
| 2023 | 8,160 | $975M | Open filing |
| 2024 · index core | 8,606 | $935M | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Lyondellbasell Savings Plan (401(k), $2.7B, 8,059 participants)
- Lyondellbasell Pension Plan (Defined Benefit (Pension), $935M, 8,606 participants)
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Lyondellbasell Pension Plan by total assets, not by location.
- Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units (MD) $949M · 1,111
- Wisconsin Laborers' Pension Fund (WI) $950M · 3,791
- Ball Pension Plan (CO) $950M · 1,920
- Ashland Hercules Pension Plan (KY) $946M · 317
Frequently Asked Questions
How did Lyondellbasell Pension Plan assets move in 2022? ▼
How have Lyondell Chemical Company plan assets changed over time? ▼
Where does Lyondellbasell Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Lyondellbasell Pension Plan? ▼
Next read for Lyondellbasell Pension Plan
Filing takeaways
Ways to act on Lyondellbasell Pension Plan's numbers.
- By total assets, Lyondellbasell Pension Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Texas. Compare plans
- Lyondell Chemical Company's sponsor-wide assets have grown 22.1% since 2022 across 3 plan years on file. More Manufacturing plans