Defined Benefit (Pension) · DOL Form 5500 · 2022

Braskem America, Inc. Pension Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
36
Participants Small participant base
65th
Percentile by assets National rank
$284,398
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Novamont Hourly Pension Plan · Sponsored by Braskem America, Inc. · Pennsylvania · Manufacturing

$10M in assets, 36 participants

Braskem America, Inc.'s Novamont Hourly Pension Plan reported $10M in total assets and 36 participants in its 2022 DOL Form 5500 filing, ranking in the 65th 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.

  • #10,884 in Manufacturing (20,602 peers)

Braskem America, Inc. multi-year trail

Braskem America, Inc.'s plans moved +26.2% in assets from 2022 to 2024; this filing shows Novamont Hourly Pension Plan at $10M / 36 participants.

#10,884
in Manufacturing (20,602 peers)
-52.9%
assets change YoY

The plan reported a net loss of $11M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Novamont Hourly Pension Plan's mid-pack asset rank among Manufacturing and all filers

Novamont Hourly Pension Plan vs every filed plan by assets

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

$10,238,344 Top 35% higher than 65% 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

Novamont Hourly Pension Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Novamont Hourly Pension Plan is a small filing (36 participants) on this national headcount ladder.

Form 5500 schedule snapshot

Filing strip 251534498 · Braskem America, Inc. PY 2022 · Defined Benefit (Pension)

Novamont Hourly Pension Plan · $10M · 36 · 65th

  • SCH $10M
  • EBSA 36
  • PART 65th
  • TYPE Defined Benefit (Pension)
  • NET near Titan America LLC Pension Plan
  • BOOK ind #10884

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 Pennsylvania →

Novamont Hourly Pension Plan in the asset neighbourhood

Azdel, Inc. Retirement Plan$10MIgm Resins Charlotte, Inc. Retirement PlanIgm Resins Charlotte, Inc. R…$10MNovamont Hourly Pension Plan$10MTitan America LLC Pension PlanTitan America LLC Pension Pl…$10MLasalle Bristol LP Pension PlanLasalle Bristol LP Pension P…$10M
End-of-year total assets ($M) among Novamont Hourly Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Braskem America, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Braskem America, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$240M 26.238833781466088% vs 2022
2024 filing year
$180M$200M$220M$240M$260M 202220232024 $190M $240M ▲ +26.2%
Year Plans Participants Total Assets
2022 3 845 $190M
2023 2 811 $212M
2024 2 816 $240M

Braskem America, Inc. filing trail (2022)

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$10M
Net Income-$11M
Employer EIN251534498
Plan Effective Date1977-02-28
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Pennsylvania

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Novamont Hourly Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Novamont Hourly Pension Plan, Total assets ($B): 0.010238344 · Participants: 36Novamont Hourly Pension PlanNational Elevator Industry Pension Plan, Total assets ($B): 10.401485458 · Participants: 27097National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 5.908424468 · Participants: 52395Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.402519 · Participants: 63731The PNC Financial Services Group, Inc. Pension PlanConstellation Retirement Program, Total assets ($B): 5.359207207 · Participants: 5314Constellation Retirement ProgramThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 4.968344232 · Participants: 8098The Bank of New York Mellon Corporation Pension Plan
Novamont Hourly Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants

Novamont Hourly Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Titan America LLC Pension Plan in VA ($10M); by covered participants it is The Duke Endowment Employees' Retirement Plan in NC (36 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($10M here).

Similar participant headcount

Nearest other-state filings by covered participants (36 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 Novamont Hourly Pension Plan assets move in 2022?
Novamont Hourly Pension Plan contracted severely - down 52.9% during 2022, from $22M to $10M. Reported net income was -$11M.
How have Braskem America, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Braskem America, Inc.'s sponsor-wide assets grew 26.2%, from $190M to $240M.
Which Defined Benefit (Pension) plans are similar in size to Novamont Hourly Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Titan America LLC Pension Plan in VA ($10M, 31 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Novamont Hourly Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is The Duke Endowment Employees' Retirement Plan in NC (36 participants, $17M in assets).