401(k) · DOL Form 5500 · 2023

Hexion Inc. 401(k) Plan

Data updated 2026-08-06

$317M
Total assets
726
Participants
96th
Percentile by assets
$437,213
Avg per participant
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Official DOL plan name: Hexion Inc. Retirement Savings Plan · Sponsored by Hexion Inc. · Ohio · Manufacturing

$317M in assets, 726 participants

Hexion Inc.'s Hexion Inc. Retirement Savings Plan reported $317M in total assets and 726 participants in its 2023 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.

  • 96th percentile by assets (of 126,618 plans)
  • #17,564 in Manufacturing (18,672 peers)

Where Hexion Inc. Retirement Savings Plan sits by assets

Hexion Inc. Retirement Savings Plan sits in the top 5% of all filed plans by assets, $317M for 726 participants (~$437,213/participant), up 6.0% in 2023.

$317M
total plan assets (2023 EOY)
726
covered participants
96th
percentile by assets (of 126,618 plans)
$437,213
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Hexion Inc. Retirement Savings Plan reported net income rose from -$97M in the plan year 2022 filing to $18M in the plan year 2023 filing.
  • Hexion Inc. Retirement Savings Plan reported participants fell from 1,026 in the plan year 2022 filing to 726 in the plan year 2023 filing.
  • Hexion Inc. Retirement Savings Plan end-of-year assets rose from $300M in the plan year 2022 filing to $317M in the plan year 2023 filing.

See the national 2023→2024 release diff →

State
Industry

Hexion Inc. Retirement Savings Plan vs the 2023 asset distribution

By assets, Hexion Inc. Retirement Savings Plan outranks 96% of the 126,618 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 3.2x the national average plan size of $100M (730 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$300M
Net Assets (End of Year)$317M
Net Income$18M
Employer EIN130511250
Plan Effective Date1980-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Hexion Inc.)

$420M$430M$440M$450M 202220232024 $424M $441M ▲ +4.1%
Total plan assets by year, all Hexion Inc. plans on file
Year Plans Participants Total Assets
2022 2 1,423 $424M
2023 2 976 $445M
2024 2 947 $441M

Nearby 401(k) Plans in Ohio

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

Hexion Inc. Retirement Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants

Hexion Inc. Retirement Savings Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Hexion Inc. Retireme…GE Retirement Saving…The Sherwin-Williams…The Progressive 401(…The Kroger Co. 401(k…Nationwide Savings P…
Hexion Inc. Retirement 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 Hexion Inc. Retirement Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Hexion Inc. Retirement Savings Plan assets move in 2023?
Hexion Inc. Retirement Savings Plan grew at a solid clip - up 6.0% during 2023, from $300M to $317M. Reported net income was $18M.
How have Hexion Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Hexion Inc.'s sponsor-wide assets grew 4.1%, from $424M to $441M.
Where does Hexion Inc. Retirement Savings Plan rank by assets among Form 5500 filers?
Hexion Inc. Retirement Savings Plan ranks in the 96th percentile by end-of-year assets among 126,618 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Hexion Inc. Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Joyson Safety Systems 401(k) Plan in MI ($318M, 1,116 participants).

Next read for Hexion Inc. Retirement Savings Plan

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Ways to act on Hexion Inc. Retirement Savings Plan's numbers.