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

Formosa Plastics Corporation, U.S.a. Pension Plan

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

Sponsored by Formosa Plastics Corporation, U.S.a. · New Jersey · Manufacturing

What the 2023 filing shows

Formosa Plastics Corporation, U.S.a. Pension Plan holds $304M for 3,292 participants — about $92,247 per participant, down 18.1% over the 2022 plan year.

$304M
total plan assets (2022 EOY)
3,292
covered participants
$92,247
avg assets per participant
-18.1%
assets change YoY

The plan reported a net loss of $67M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$304M
Participants
3,292
State
Industry
Manufacturing

What the Filing Says About Formosa Plastics Corporation, U.S.a. Pension Plan

Formosa Plastics Corporation, U.S.a. Pension Plan is a Defined Benefit (Pension) retirement plan sponsored by Formosa Plastics Corporation, U.S.a., headquartered in New Jersey. As of the 2022 Form 5500 filing, the plan reports $304M in total end-of-year assets and covers 3,292 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 132968367, and the plan has been effective since 1981-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $371M at the beginning of 2022 to $304M at year-end — a decline of 18.1%. Net assets (after liabilities) closed the year at $304M, with reported net income of $-67,100,418 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)$371M
Total Assets (End of Year)$304M
Net Assets (End of Year)$304M
Net Income$-67,100,418
Plan TypeDefined Benefit (Pension)
Employer EIN132968367
Plan Effective Date1981-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Formosa Plastics Corporation, U.S.a.)

Year Plans Participants Total Assets
2022 2 6,575 $987M
2023 2 6,624 $1.1B
2024 2 6,989 $1.3B

Nearby Defined Benefit (Pension) Plans in New Jersey

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

Frequently Asked Questions

How much money is in the Formosa Plastics Corporation, U.S.a. Pension Plan?
As of the 2022 Form 5500 filing, Formosa Plastics Corporation, U.S.a. Pension Plan holds $304M in total assets with 3,292 participants. It is sponsored by Formosa Plastics Corporation, U.S.a..
What type of plan is Formosa Plastics Corporation, U.S.a. Pension Plan?
Formosa Plastics Corporation, U.S.a. Pension Plan is a Defined Benefit (Pension) plan. It has been effective since 1981-01-01. The plan is filed with the U.S. Department of Labor under EIN 132968367.
Who sponsors the Formosa Plastics Corporation, U.S.a. Pension Plan?
Formosa Plastics Corporation, U.S.a. Pension Plan is sponsored by Formosa Plastics Corporation, U.S.a., located in New Jersey. The sponsor's EIN is 132968367 and the plan operates in the Manufacturing industry.
How did Formosa Plastics Corporation, U.S.a. Pension Plan perform in 2022?
Formosa Plastics Corporation, U.S.a. Pension Plan declined by 18.1% during 2022, moving from $371M to $304M in total assets. Net income was $-67,100,418.
Where can I find official filings for Formosa Plastics Corporation, U.S.a. Pension Plan?
Official Form 5500 filings for Formosa Plastics Corporation, U.S.a. Pension Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 132968367 or plan name at efast.dol.gov.
How does Formosa Plastics Corporation, U.S.a. Pension Plan compare to other plans?
You can compare Formosa Plastics Corporation, U.S.a. Pension Plan against other Defined Benefit (Pension) 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) — original filing retrieval by EIN 132968367.

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 U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.