401(k) · DOL Form 5500 · 2023

Covestro LLC 401(k) Plan

Data updated 2026-08-25

$1.4B
Total assets Very large vs avg
2,625
Participants Above avg headcount
99th
Percentile by assets National rank
$549,335
Avg per participant High balance/head
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Official DOL plan name: Covestro LLC Savings and Retirement Plan · Sponsored by Covestro LLC · Pennsylvania · Manufacturing

$1.4B in assets, 2,625 participants

Covestro LLC's Covestro LLC Savings and Retirement Plan reported $1.4B in total assets and 2,625 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • #18,380 in Manufacturing (18,722 peers)

Coverage in Pennsylvania

Covestro LLC Savings and Retirement Plan covers 2,625 participants in Pennsylvania, 3.2x the typical Pennsylvania plan (state average ~822 per filing). Assets: $1.4B.

#18,380
in Manufacturing (18,722 peers)
+12.0%
assets growth YoY
14×
vs typical plan assets (national mean)

Covestro LLC Savings and Retirement Plan's outsized position by total assets

Covestro LLC Savings and Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$1,442,003,405 Top 1% higher than 99% of 127,068 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 2023

Covestro LLC Savings and Retirement Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Covestro LLC Savings and Retirement Plan lands in the large band (2,625 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Covestro LLC Savings and Retirement Plan reported net income rose from -$262M in the plan year 2022 filing to $154M in the plan year 2023 filing.
  • Covestro LLC Savings and Retirement Plan end-of-year assets rose from $1.3B in the plan year 2022 filing to $1.4B in the plan year 2023 filing.
  • Covestro LLC Savings and Retirement Plan reported participants fell from 2,673 in the plan year 2022 filing to 2,625 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 061653740 · Covestro LLC PY 2023 · 401(k)

Covestro LLC Savings and Retirement Plan · $1.4B · 2,625 · 99th

  • TYPE $1.4B
  • NET 2,625
  • BOOK 99th
  • VS-ST 401(k)
  • BOY near Fujitsu Group Defined Contribution and 401(k) Plan
  • SCH ind #18380

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 Savings and Retirement Plan in the asset neighbourhood

Covestro LLC Savings and Retirement PlanCovestro LLC Savings and Ret…$1.4BFujitsu Group Defined Contribution and 401(k) PlanFujitsu Group Defined Contri…$1.4BServicenow, Inc. 401(k) Plan$1.4BDeluxe Corporation 401(k) PlanDeluxe Corporation 401(k) Pl…$1.4BJones Day Retirement Plan$1.4B
End-of-year total assets ($B) among Covestro LLC Savings and Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$1.3B
Net Assets (End of Year)$1.4B
Net Income$154M
Employer EIN061653740
Plan Effective Date2015-09-01
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 401(k) Plans in Pennsylvania

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

Covestro LLC Savings and Retirement Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 05101520 Total assets ($B) Participants Covestro LLC Savings and Retirement Plan, Total assets ($B): 1.442003405 · Participants: 2625Covestro LLC Savings and Retirement PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 17.368669862 · Participants: 93136Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 13.003870935 · Participants: 66760Cigna 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 9.765617477 · Participants: 18200The Vanguard Retirement and Savings PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 9.339762 · Participants: 61697The PNC Financial Services Group, Inc. Incentive Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 8.955655142 · Participants: 25184The Bank of New York Mellon Corporation 401(k) Savings Plan
Covestro LLC Savings and Retirement Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Covestro LLC Savings and Retirement Plan side-by-side with 3 peers →

Covestro LLC Savings and Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Fujitsu Group Defined Contribution and 401(k) Plan in CA ($1.4B); by covered participants it is Faith Technologies Incorporated 401(k) Retirement Plan in WI (2,625 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.4B here).

Similar participant headcount

Nearest other-state filings by covered participants (2,625 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Covestro LLC Savings and Retirement Plan assets move in 2023? ▼
Covestro LLC Savings and Retirement Plan grew at a solid clip - up 12.0% during 2023, from $1.3B to $1.4B. Reported net income was $154M.
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 Savings and Retirement Plan rank by assets among Form 5500 filers? ▼
Covestro LLC Savings and Retirement Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Covestro LLC Savings and Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Fujitsu Group Defined Contribution and 401(k) Plan in CA ($1.4B, 1,872 participants).
Which 401(k) plans cover a similar participant headcount to Covestro LLC Savings and Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Faith Technologies Incorporated 401(k) Retirement Plan in WI (2,625 participants, $308M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

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.