Defined Benefit (Pension) · DOL Form 5500 · 2022

Lyondell Chemical Company Pension Plan

Data updated 2026-08-25

$948M
Total assets Above avg plan size
7,965
Participants Very large workforce
99th
Percentile by assets National rank
$119,055
Avg per participant Near avg balance/head
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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.

  • #20,174 in Manufacturing (20,602 peers)

Coverage in Texas

Lyondellbasell Pension Plan covers 7,965 participants in Texas, 12x the typical Texas plan (state average ~688 per filing). Assets: $948M.

#20,174
in Manufacturing (20,602 peers)
-43.2%
assets change YoY
9.5×
vs typical plan assets (national mean)

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.

Lyondellbasell Pension Plan's outsized position by total assets

Lyondellbasell Pension Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$948,273,300 Top 1% higher than 99% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Lyondellbasell Pension Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Lyondellbasell Pension Plan lands in the large band (7,965 participants).

Published 5500 schedule card

Filing strip 954160558 · Lyondell Chemical Company PY 2022 · Defined Benefit (Pension)

Lyondellbasell Pension Plan · $948M · 7,965 · 99th

  • PHOTO $948M
  • IND 7,965
  • EOY 99th
  • 5500 Defined Benefit (Pension)
  • ASSETS near Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units
  • PCT ind #20174

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Texas →

Lyondellbasell Pension Plan in the asset neighbourhood

Ball Pension Plan$950MWisconsin Laborers' Pension FundWisconsin Laborers' Pension …$950MLockheed Martin Corporation Pension Plan for Employees in Participating Bargaining UnitsLockheed Martin Corporation …$949MLyondellbasell Pension Plan$948MAshland Hercules Pension Plan$946M
End-of-year total assets ($M) among Lyondellbasell Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Texas filing particulars

Total Assets (Beginning of Year)$1.7B
Net Assets (End of Year)$948M
Net Income-$721M
Employer EIN954160558
Plan Effective Date1987-04-29
Filing StatusFILING RECEIVED

Sponsor Plan History (Lyondell Chemical Company)

Sponsor-wide plan assets over time

All Lyondell Chemical Company plans reported in each filing year

Latest sponsor-wide plan assets
$3.6B 22.06711677877157% vs 2022
2024 filing year
$2.8B$3B$3.2B$3.4B$3.6B$3.8B 202220232024 $2.95B $3.61B ▲ +22.4%
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 Scatter plot of 6 data points. 050000100000150000 -1001020304050 Total assets ($B) Participants Lyondellbasell Pension Plan, Total assets ($B): 0.9482733 · Participants: 7965Lyondellbasell Pension PlanAT&T Pension Benefit Plan, Total assets ($B): 40.998144 · Participants: 119463AT&T Pension Benefit PlanShell Pension Plan, Total assets ($B): 14.642588618 · Participants: 12912Shell Pension PlanExxonmobil Pension Plan, Total assets ($B): 11.599 · Participants: 23661Exxonmobil Pension PlanCaterpillar Inc. Retirement Income Plan, Total assets ($B): 9.541187279 · Participants: 12815Caterpillar Inc. Retirement Income PlanBp Retirement Accumulation Plan, Total assets ($B): 5.371602289 · Participants: 9156Bp Retirement Accumulation Plan
Lyondellbasell Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants
Compare Lyondellbasell Pension Plan side-by-side with 3 peers →

Scale composition for Lyondellbasell Pension Plan

Lyondellbasell Pension Plan reports $948M in end-of-year assets across 7,965 participants (0.008% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.008% of 93,925,755 covered participants) - about $119,055 per participant (86% 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 Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Texas, the nearest Defined Benefit (Pension) by assets is Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units in MD ($949M); by covered participants it is The Ohiohealth Cash Balance Retirement Plan in OH (7,923 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($948M here).

Similar participant headcount

Nearest other-state filings by covered participants (7,965 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Lyondellbasell Pension Plan assets move in 2022? ▼
Lyondellbasell Pension Plan contracted severely - down 43.2% during 2022, from $1.7B to $948M. Reported net income was -$721M.
How have Lyondell Chemical Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Lyondell Chemical Company's sponsor-wide assets grew 22.1%, from $3.0B to $3.6B.
Where does Lyondellbasell Pension Plan rank by assets among Form 5500 filers? ▼
Lyondellbasell Pension Plan ranks in the 99th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (among the largest 1% of all filed plans).
Which Defined Benefit (Pension) plans are similar in size to Lyondellbasell Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Lockheed Martin Corporation Pension Plan for Employees in Participating Bargaining Units in MD ($949M, 1,111 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Lyondellbasell Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is The Ohiohealth Cash Balance Retirement Plan in OH (7,923 participants, $746M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 954160558.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.