401(k) · DOL Form 5500 · 2022

Omnova Solutions Inc. 401(k) Plan

Data updated 2026-08-11

$147M
Total assets
1,040
Participants
95th
Percentile by assets
$141,310
Avg per participant
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Official DOL plan name: Synthomer Savings Plan · Sponsored by Omnova Solutions Inc. · Ohio · Manufacturing

$147M in assets, 1,040 participants

Omnova Solutions Inc.'s Synthomer Savings Plan reported $147M in total assets and 1,040 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.

  • 95th percentile by assets (of 139,126 plans)
  • #18,848 in Manufacturing (20,602 peers)

Where Synthomer Savings Plan sits by assets

Synthomer Savings Plan sits in the top 5% of all filed plans by assets, $147M for 1,040 participants (~$141,310/participant), down 12.2% in 2022.

$147M
total plan assets (2022 EOY)
1,040
covered participants
95th
percentile by assets (of 139,126 plans)
$141,310
avg assets per participant

The plan reported a net loss of $20M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Synthomer Savings Plan sits by total assets

Synthomer Savings Plan vs every filed plan by assets

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

$146,962,427 Top 5% higher than 95% of 139,123 filed plans

This plan $0 $2,010,000,000 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

State
Industry

Synthomer Savings Plan vs the 2022 asset distribution

By assets, Synthomer Savings Plan outranks 95% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 1.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$167M
Net Assets (End of Year)$147M
Net Income-$20M
Employer EIN341897652
Plan Effective Date2000-12-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Omnova Solutions Inc.)

$100M$200M$300M$400M 202220232024 $341M $164M ▼ -51.9%
Total plan assets by year, all Omnova Solutions Inc. plans on file
Year Plans Participants Total Assets
2022 2 1,235 $341M
2023 2 1,459 $347M
2024 1 828 $164M

Nearby 401(k) Plans in Ohio

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

Synthomer Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Synthomer Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20246810 Total assets ($B) Participants Synthomer Savings PlanThe Sherwin-Williams…The Progressive 401(…The Kroger Co. 401(k…Nationwide Savings P…Marathon Petroleum T…
Synthomer Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Synthomer Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Synthomer Savings Plan assets move in 2022?
Synthomer Savings Plan pulled back noticeably - down 12.2% during 2022, from $167M to $147M. Reported net income was -$20M.
How have Omnova Solutions Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Omnova Solutions Inc.'s sponsor-wide assets declined 51.9%, from $341M to $164M.
Where does Synthomer Savings Plan rank by assets among Form 5500 filers?
Synthomer Savings Plan ranks in the 95th 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 401(k) plans are similar in size to Synthomer Savings Plan?
Among 401(k) plans in other states, the closest by assets is Foundation Building Materials 401(k) Profit Sharing Plan and Trust in CA ($147M, 4,125 participants).

Scale reading

Ways to act on Synthomer Savings Plan's numbers.