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

Solvay USA Inc. Savings Plus Plan

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

Sponsored by Solvay USA Inc. ยท New Jersey ยท Manufacturing

What the 2023 filing shows

Solvay USA Inc. Savings Plus Plan holds $1.8B for 5,247 participants - about $340,295 per participant, down 18.1% over the 2022 plan year.

$1.8B
total plan assets (2022 EOY)
5,247
covered participants
$340,295
avg assets per participant
-18.1%
assets change YoY

The plan reported a net loss of $392M for the year โ€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$1.8B
Participants
5,247
State
Industry
Manufacturing

What the Filing Says About Solvay USA Inc. Savings Plus Plan

Solvay USA Inc. Savings Plus Plan is a 401(k) retirement plan sponsored by Solvay USA Inc., headquartered in New Jersey. As of the 2022 Form 5500 filing, the plan reports $1.8B in total end-of-year assets and covers 5,247 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 223539954, and the plan has been effective since 1987-08-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $2.2B at the beginning of 2022 to $1.8B at year-end โ€” a decline of 18.1%. Net assets (after liabilities) closed the year at $1.8B, with reported net income of $-392,177,005 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 โ€” 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)$2.2B
Total Assets (End of Year)$1.8B
Net Assets (End of Year)$1.8B
Net Income$-392,177,005
Plan Type401(k)
Employer EIN223539954
Plan Effective Date1987-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Solvay USA Inc.)

Year Plans Participants Total Assets
2022 2 7,329 $1.8B
2023 1 5,615 $1.6B
2024 1 6,387 $1.7B

Nearby 401(k) Plans in New Jersey

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

Frequently Asked Questions

How much money is in the Solvay USA Inc. Savings Plus Plan?
As of the 2022 Form 5500 filing, Solvay USA Inc. Savings Plus Plan holds $1.8B in total assets with 5,247 participants. It is sponsored by Solvay USA Inc..
What type of plan is Solvay USA Inc. Savings Plus Plan?
Solvay USA Inc. Savings Plus Plan is a 401(k) plan. It has been effective since 1987-08-01. The plan is filed with the U.S. Department of Labor under EIN 223539954.
Who sponsors the Solvay USA Inc. Savings Plus Plan?
Solvay USA Inc. Savings Plus Plan is sponsored by Solvay USA Inc., located in New Jersey. The sponsor's EIN is 223539954 and the plan operates in the Manufacturing industry.
How did Solvay USA Inc. Savings Plus Plan perform in 2022?
Solvay USA Inc. Savings Plus Plan declined by 18.1% during 2022, moving from $2.2B to $1.8B in total assets. Net income was $-392,177,005.
Where can I find official filings for Solvay USA Inc. Savings Plus Plan?
Official Form 5500 filings for Solvay USA Inc. Savings Plus Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 223539954 or plan name at efast.dol.gov.
How does Solvay USA Inc. Savings Plus Plan compare to other plans?
You can compare Solvay USA Inc. Savings Plus Plan against other 401(k) plans on the plan type page, or view plans in New Jersey 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) โ€” original filing retrieval by EIN 223539954.

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

Reference: IRS Publication 590-B โ€” 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.