Defined Benefit (Pension) · DOL Form 5500 · 2022

Sabic Innovative Plastics US LLC Pension Plan

Data updated 2026-08-11

$399M
Total assets
1,434
Participants
97th
Percentile by assets
$278,404
Avg per participant
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Official DOL plan name: Sabic Innovative Plastics Pension Plan · Sponsored by Sabic Innovative Plastics US LLC · Texas · Manufacturing

$399M in assets, 1,434 participants

Sabic Innovative Plastics US LLC's Sabic Innovative Plastics Pension Plan reported $399M in total assets and 1,434 participants in its 2022 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 139,126 plans)
  • #19,745 in Manufacturing (20,602 peers)

Coverage in Texas

Sabic Innovative Plastics Pension Plan covers 1,434 participants in Texas, 2.1x the typical Texas plan (state average ~688 per filing). Assets: $399M.

$399M
total plan assets (2022 EOY)
1,434
covered participants
97th
percentile by assets (of 139,126 plans)
$278,404
avg assets per participant

The plan reported a net loss of $198M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State
Industry

Participants vs Texas filers

In Texas, the average filing covers about 688 participants across 10,116 plans. Sabic Innovative Plastics Pension Plan reports 1,434 participants - 2.1x that state average ($399M EOY assets).

Texas filing particulars

Total Assets (Beginning of Year)$597M
Net Assets (End of Year)$399M
Net Income-$198M
Employer EIN331169273
Plan Effective Date2007-10-22
Filing StatusFILING RECEIVED

Sponsor Plan History (Sabic Innovative Plastics US LLC)

$0.9B$1B$1.1B$1.2B$1.3B 202220232024 $1.19B $1.02B ▼ -14.3%
Total plan assets by year, all Sabic Innovative Plastics US LLC plans on file
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.

Sabic Innovative Plastics Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants

Sabic Innovative Plastics Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Sabic Innovative Pla…AT&T Pension Benefit…Shell Pension PlanExxonmobil Pension P…Caterpillar Inc. Ret…Bp Retirement Accumu…
Sabic Innovative Plastics Pension Plan vs. nearby Defined Benefit (Pension) plans in Texas, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Sabic Innovative Plastics Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Sabic Innovative Plastics Pension Plan assets move in 2022?
Sabic Innovative Plastics Pension Plan contracted severely - down 33.2% during 2022, from $597M to $399M. Reported net income was -$198M.
How have Sabic Innovative Plastics US LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Sabic Innovative Plastics US LLC's sponsor-wide assets declined 14.4%, from $1.2B to $1.0B.
Where does Sabic Innovative Plastics Pension Plan rank by assets among Form 5500 filers?
Sabic Innovative Plastics Pension Plan ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Sabic Innovative Plastics Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Abx Air, Inc Pilots Minimum Monthly Retirement Income Plan in OH ($399M, 137 participants).

Next read for Sabic Innovative Plastics Pension Plan

Filing takeaways

Ways to act on Sabic Innovative Plastics Pension Plan's numbers.

  • By total assets, Sabic Innovative Plastics Pension Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in Texas. Compare plans
  • Sabic Innovative Plastics US LLC's sponsor-wide assets have declined 14.4% since 2022 across 3 plan years on file. More Manufacturing plans