Defined Benefit (Pension)
2022 plan-year Defined Benefit (Pension) DOL Form 5500

SABIC INNOVATIVE PLASTICS PENSION PLAN

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

SABIC INNOVATIVE PLASTICS US LLC

This Defined Benefit (Pension) plan holds $399M in total assets and serves 1,434 participants as of 2022. It is sponsored by SABIC INNOVATIVE PLASTICS US LLC in Texas. The plan reported a net loss of $198M for the year.

Total Assets (2023)
$399M
Participants
1,434
State
Industry
Manufacturing

What the Filing Says About SABIC INNOVATIVE PLASTICS PENSION PLAN

SABIC INNOVATIVE PLASTICS PENSION PLAN is a Defined Benefit (Pension) retirement plan sponsored by SABIC INNOVATIVE PLASTICS US LLC, headquartered in Texas. As of the 2022 Form 5500 filing, the plan reports $399M in total end-of-year assets and covers 1,434 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 331169273, and the plan has been effective since 2007-10-22. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $597M at the beginning of 2022 to $399M at year-end — a decline of 33.2%. Net assets (after liabilities) closed the year at $399M, with reported net income of $-198,013,665 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)$597M
Total Assets (End of Year)$399M
Net Assets (End of Year)$399M
Net Income$-198,013,665
Plan TypeDefined Benefit (Pension)
Employer EIN331169273
Plan Effective Date2007-10-22
Filing StatusFILING RECEIVED

Sponsor Plan History (SABIC INNOVATIVE PLASTICS US LLC)

Year Plans Participants Total Assets
2022 5 4,499 $1.2B
2023 3 3,668 $985M
2024 3 2,730 $1.0B

Nearby Defined Benefit (Pension) Plans in Texas

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

Frequently Asked Questions

How much money is in the SABIC INNOVATIVE PLASTICS PENSION PLAN?
As of the 2022 Form 5500 filing, SABIC INNOVATIVE PLASTICS PENSION PLAN holds $399M in total assets with 1,434 participants. It is sponsored by SABIC INNOVATIVE PLASTICS US LLC.
What type of plan is SABIC INNOVATIVE PLASTICS PENSION PLAN?
SABIC INNOVATIVE PLASTICS PENSION PLAN is a Defined Benefit (Pension) plan. It has been effective since 2007-10-22. The plan is filed with the U.S. Department of Labor under EIN 331169273.
Who sponsors the SABIC INNOVATIVE PLASTICS PENSION PLAN?
SABIC INNOVATIVE PLASTICS PENSION PLAN is sponsored by SABIC INNOVATIVE PLASTICS US LLC, located in Texas. The sponsor's EIN is 331169273 and the plan operates in the Manufacturing industry.
How did SABIC INNOVATIVE PLASTICS PENSION PLAN perform in 2022?
SABIC INNOVATIVE PLASTICS PENSION PLAN declined by 33.2% during 2022, moving from $597M to $399M in total assets. Net income was $-198,013,665.
Where can I find official filings for SABIC INNOVATIVE PLASTICS PENSION PLAN?
Official Form 5500 filings for SABIC INNOVATIVE PLASTICS PENSION PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 331169273 or plan name at efast.dol.gov.
How does SABIC INNOVATIVE PLASTICS PENSION PLAN compare to other plans?
You can compare SABIC INNOVATIVE PLASTICS PENSION PLAN against other Defined Benefit (Pension) plans on the plan type page, or view plans in Texas 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 331169273.

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 official public datasets. See our methodology for details.