Defined Benefit (Pension) · DOL Form 5500 · 2023
Lyondell Chemical Company Pension Plan
Data updated 2026-08-25
- $975M
- Total assets Above avg plan size
- 8,160
- Participants Very large workforce
- 99th
- Percentile by assets National rank
- $119,432
- Avg per participant Near avg balance/head
Official DOL plan name: Lyondellbasell Pension Plan · Sponsored by Lyondell Chemical Company · Texas · Manufacturing
$975M in assets, 8,160 participants
Lyondell Chemical Company's Lyondellbasell Pension Plan reported $975M in total assets and 8,160 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.
- #18,254 in Manufacturing (18,722 peers)
Coverage in Texas
Lyondellbasell Pension Plan covers 8,160 participants in Texas, 12x the typical Texas plan (state average ~688 per filing). Assets: $975M.
- #18,254
- in Manufacturing (18,722 peers)
- +2.8%
- assets growth YoY
- 9.8×
- vs typical plan assets (national mean)
Lyondellbasell Pension Plan's outsized position by total assets
Lyondellbasell Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$974,567,093 Top 1% higher than 99% of 127,068 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023
Lyondellbasell Pension 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. Lyondellbasell Pension Plan lands in the large band (8,160 participants).
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Lyondellbasell Pension Plan reported net income rose from -$721M in the plan year 2022 filing to $27M in the plan year 2023 filing.
- Lyondellbasell Pension Plan end-of-year assets rose from $948M in the plan year 2022 filing to $975M in the plan year 2023 filing.
- Lyondellbasell Pension Plan reported participants rose from 7,965 in the plan year 2022 filing to 8,160 in the plan year 2023 filing.
EBSA filing schedule strip
Filing strip 954160558 · Lyondell Chemical Company PY 2023 · Defined Benefit (Pension)
Lyondellbasell Pension Plan · $975M · 8,160 · 99th
- NET $975M
- NET 8,160
- NET 99th
- NET Defined Benefit (Pension)
- NET near National Fuel Gas Company Retirement Plan
- NET ind #18254
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 Texas →
Lyondellbasell Pension Plan in the asset neighbourhood
Texas filing particulars
| Total Assets (Beginning of Year) | $948M |
|---|---|
| Net Assets (End of Year) | $974M |
| Net Income | $27M |
| Employer EIN | 954160558 |
| Plan Effective Date | 1987-04-29 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Lyondell Chemical Company)
Sponsor-wide plan assets over time
All Lyondell Chemical Company plans reported in each filing year
- Latest sponsor-wide plan assets
- $3.6B 22.06711677877157% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 15,729 | $3.0B |
| 2023 | 2 | 15,875 | $3.4B |
| 2024 | 2 | 16,665 | $3.6B |
Nearby Defined Benefit (Pension) Plans in Texas
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- AT&T Pension Benefit Plan $30.0B · 107,859
- Shell Pension Plan $15.1B · 12,215
- Exxonmobil Pension Plan $12.0B · 22,551
- Caterpillar Inc. Retirement Income Plan $9.8B · 12,138
- Bp Retirement Accumulation Plan $5.5B · 9,360
Scale composition for Lyondellbasell Pension Plan
Lyondellbasell Pension Plan reports $975M in end-of-year assets across 8,160 participants (0.008% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.009% of 93,925,755 covered participants) - about $119,432 per participant (86% of the national average assets-per-participant) . Net income for plan year 2023 was $27M.
This plan identity (EIN 954160558, plan #012) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $948M to $935M (-1.4%) while covered participants moved from 7,965 to 8,606 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 7,965 | $948M | Open filing |
| 2023 | 8,160 | $975M | This page |
| 2024 · index core | 8,606 | $935M | Open filing |
The same sponsor also keeps 2 other index-core plans on PlainRetire:
- Lyondellbasell Savings Plan (401(k), $2.7B, 8,059 participants)
- Lyondellbasell Pension Plan (Defined Benefit (Pension), $935M, 8,606 participants)
Lyondellbasell Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Texas, the nearest Defined Benefit (Pension) by assets is National Fuel Gas Company Retirement Plan in NY ($974M); by covered participants it is Boehringer Ingelheim USA Corporation & Its Affiliates Retirement Plan in CT (8,178 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($975M here).
- National Fuel Gas Company Retirement Plan (NY) $974M · 836
- Campbell Soup Company Retirement & Pension Plan (NJ) $976M · 1,996
- New England Health Care Employees Pension Plan (CT) $976M · 8,879
- Rio Tinto America Inc. Retirement Plan (UT) $972M · 1,644
Similar participant headcount
Nearest other-state filings by covered participants (8,160 participants); asset peers above are excluded.
- Boehringer Ingelheim USA Corporation & Its Affiliates Retirement Plan (CT) 8,178 · 18 off
- Elevance Health Cash Balance Plan a (IN) 8,197 · 37 off
- Southern California Gas Company Pension Plan (CA) 8,002 · 158 off
- Operating Engineers' Local 324 Pension Fund (MI) 7,993 · 167 off
DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.