401(k)
2022 plan-year 401(k) DOL Form 5500

Hexion Inc. Retirement Savings Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Hexion Inc. · Ohio · Manufacturing

What the 2023 filing shows

Hexion Inc. Retirement Savings Plan holds $300M for 1,026 participants — about $291,988 per participant, down 36.2% over the 2022 plan year.

$300M
total plan assets (2022 EOY)
1,026
covered participants
$291,988
avg assets per participant
-36.2%
assets change YoY

The plan reported a net loss of $97M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$300M
Participants
1,026
State
Industry
Manufacturing

What the Filing Says About Hexion Inc. Retirement Savings Plan

Hexion Inc. Retirement Savings Plan is a 401(k) retirement plan sponsored by Hexion Inc., headquartered in Ohio. As of the 2022 Form 5500 filing, the plan reports $300M in total end-of-year assets and covers 1,026 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 130511250, and the plan has been effective since 1980-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $470M at the beginning of 2022 to $300M at year-end — a decline of 36.2%. Net assets (after liabilities) closed the year at $300M, with reported net income of $-97,285,419 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$470M
Total Assets (End of Year)$300M
Net Assets (End of Year)$300M
Net Income$-97,285,419
Plan Type401(k)
Employer EIN130511250
Plan Effective Date1980-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hexion Inc.)

Year Plans Participants Total Assets
2022 2 1,423 $424M
2023 2 976 $445M
2024 2 947 $441M

Nearby 401(k) Plans in Ohio

Peer 401(k) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Hexion Inc. Retirement Savings Plan?
As of the 2022 Form 5500 filing, Hexion Inc. Retirement Savings Plan holds $300M in total assets with 1,026 participants. It is sponsored by Hexion Inc..
What type of plan is Hexion Inc. Retirement Savings Plan?
Hexion Inc. Retirement Savings Plan is a 401(k) plan. It has been effective since 1980-07-01. The plan is filed with the U.S. Department of Labor under EIN 130511250.
Who sponsors the Hexion Inc. Retirement Savings Plan?
Hexion Inc. Retirement Savings Plan is sponsored by Hexion Inc., located in Ohio. The sponsor's EIN is 130511250 and the plan operates in the Manufacturing industry.
How did Hexion Inc. Retirement Savings Plan perform in 2022?
Hexion Inc. Retirement Savings Plan declined by 36.2% during 2022, moving from $470M to $300M in total assets. Net income was $-97,285,419.
Where can I find official filings for Hexion Inc. Retirement Savings Plan?
Official Form 5500 filings for Hexion Inc. Retirement Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 130511250 or plan name at efast.dol.gov.
How does Hexion Inc. Retirement Savings Plan compare to other plans?
You can compare Hexion Inc. Retirement Savings Plan against other 401(k) plans on the plan type page, or view plans in Ohio on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 130511250.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

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