Defined Benefit (Pension) · DOL Form 5500 · 2022

Covestro LLC Pension Plan

Data updated 2026-08-25

$246M
Total assets Near avg plan size
823
Participants Near avg headcount
96th
Percentile by assets National rank
$298,321
Avg per participant High balance/head
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Official DOL plan name: Covestro LLC Pension Plan · Sponsored by Covestro LLC · Pennsylvania · Manufacturing

$246M in assets, 823 participants

Covestro LLC's Covestro LLC Pension Plan reported $246M in total assets and 823 participants in its 2022 DOL Form 5500 filing, ranking in the 96th 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.

  • #19,367 in Manufacturing (20,602 peers)

Where Covestro LLC Pension Plan sits by assets

Covestro LLC Pension Plan sits in the top 5% of all filed plans by assets, $246M for 823 participants (~$298,321/participant), down 35.7% in 2022.

#19,367
in Manufacturing (20,602 peers)
-35.7%
assets change YoY
2.5×
vs typical plan assets (national mean)

The plan reported a net loss of $136M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Covestro LLC Pension Plan's outsized position by total assets

Covestro LLC Pension Plan vs every filed plan by assets

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

$245,518,338 Top 4% higher than 96% of 139,123 filed plans

This plan $0 $2,050,000,000 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

Covestro LLC Pension Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Covestro LLC Pension Plan sits mid-pack in the medium band (823 participants).

Form 5500 schedule snapshot

Filing strip 061653740 · Covestro LLC PY 2022 · Defined Benefit (Pension)

Covestro LLC Pension Plan · $246M · 823 · 96th

  • EOY $246M
  • EOY 823
  • EOY 96th
  • EOY Defined Benefit (Pension)
  • EOY near Retirement Income Plan for Hourly-Rated Employees of Asarco LLC
  • EOY ind #19367

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Pennsylvania →

Covestro LLC Pension Plan in the asset neighbourhood

Packaging Corporation of America Pension Plan for Eligible Grandfathered Salaried EmployeesPackaging Corporation of Ame…$246MThe Nielsen Company Retirement PlanThe Nielsen Company Retireme…$246MPerkinelmer, Inc. Employees Retirement PlanPerkinelmer, Inc. Employees …$246MCovestro LLC Pension Plan$246MRetirement Income Plan for Hourly-Rated Employees of Asarco LLCRetirement Income Plan for H…$245M
End-of-year total assets ($M) among Covestro LLC Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$382M
Net Assets (End of Year)$245M
Net Income-$136M
Employer EIN061653740
Plan Effective Date2015-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Covestro LLC)

Sponsor-wide plan assets over time

All Covestro LLC plans reported in each filing year

Latest sponsor-wide plan assets
$1.8B 15.757136978338021% vs 2022
2024 filing year
$1.5B$1.6B$1.7B$1.8B 202220232024 $1.53B $1.77B ▲ +15.7%
Year Plans Participants Total Assets
2022 2 3,496 $1.5B
2023 2 3,262 $1.7B
2024 2 3,149 $1.8B

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Covestro LLC Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Covestro LLC Pension Plan, Total assets ($B): 0.245518338 · Participants: 823Covestro LLC Pension PlanNational Elevator Industry Pension Plan, Total assets ($B): 10.401485458 · Participants: 27097National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 5.908424468 · Participants: 52395Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.402519 · Participants: 63731The PNC Financial Services Group, Inc. Pension PlanConstellation Retirement Program, Total assets ($B): 5.359207207 · Participants: 5314Constellation Retirement ProgramThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 4.968344232 · Participants: 8098The Bank of New York Mellon Corporation Pension Plan
Covestro LLC Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare Covestro LLC Pension Plan side-by-side with 3 peers →

Covestro LLC Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Retirement Income Plan for Hourly-Rated Employees of Asarco LLC in AZ ($245M); by covered participants it is Retirement Plan of Tennessee Farmers Mutual Insura in TN (824 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (823 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Covestro LLC Pension Plan assets move in 2022? ▼
Covestro LLC Pension Plan contracted severely - down 35.7% during 2022, from $382M to $246M. Reported net income was -$136M.
How have Covestro LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Covestro LLC's sponsor-wide assets grew 15.8%, from $1.5B to $1.8B.
Where does Covestro LLC Pension Plan rank by assets among Form 5500 filers? ▼
Covestro LLC Pension Plan ranks in the 96th 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 Covestro LLC Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Retirement Income Plan for Hourly-Rated Employees of Asarco LLC in AZ ($245M, 406 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Covestro LLC Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Retirement Plan of Tennessee Farmers Mutual Insura in TN (824 participants, $767M in assets).

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 061653740.

Read our methodology - how this data is sourced, computed, and verified.

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