Defined Benefit (Pension) · DOL Form 5500 · 2023

Braskem America, Inc. Pension Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
35
Participants Small participant base
60th
Percentile by assets National rank
$303,163
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Novamont Hourly Pension Plan · Sponsored by Braskem America, Inc. · Pennsylvania · Manufacturing

$11M in assets, 35 participants

Braskem America, Inc.'s Novamont Hourly Pension Plan reported $11M in total assets and 35 participants in its 2023 DOL Form 5500 filing, ranking in the 60th 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.

  • #8,679 in Manufacturing (18,722 peers)

Braskem America, Inc. multi-year trail

Braskem America, Inc.'s plans moved +26.2% in assets from 2022 to 2024; this filing shows Novamont Hourly Pension Plan at $11M / 35 participants.

#8,679
in Manufacturing (18,722 peers)
+3.6%
assets growth YoY

Novamont Hourly Pension Plan's mid-pack asset rank among Manufacturing and all filers

Novamont Hourly Pension Plan vs every filed plan by assets

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

$10,610,714 Top 40% higher than 60% 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

Novamont Hourly Pension Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Novamont Hourly Pension Plan is a small filing (35 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Novamont Hourly Pension Plan reported net income rose from -$11M in the plan year 2022 filing to $376K in the plan year 2023 filing.
  • Novamont Hourly Pension Plan end-of-year assets rose from $10M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Novamont Hourly Pension Plan reported participants fell from 36 in the plan year 2022 filing to 35 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 251534498 · Braskem America, Inc. PY 2023 · Defined Benefit (Pension)

Novamont Hourly Pension Plan · $11M · 35 · 60th

  • 5500 $11M
  • 5500 35
  • 5500 60th
  • 5500 Defined Benefit (Pension)
  • 5500 near Wilson, Elser, Moskowitz, Edelman & Dicker, LLP Defined Benefit Plan for Non-Legal Staff
  • 5500 ind #8679

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 →

Novamont Hourly Pension Plan in the asset neighbourhood

Pension Plan for Employees of Dayton Rogers Manufacturing Co.Pension Plan for Employees o…$11MNovamont Hourly Pension Plan$11MWilson, Elser, Moskowitz, Edelman & Dicker, LLP Defined Benefit Plan for Non-Legal StaffWilson, Elser, Moskowitz, Ed…$11MPeoples National Bank of Kewanee Pension PlanPeoples National Bank of Kew…$11MLoews Corporation Cash Balance Retirement PlanLoews Corporation Cash Balan…$11M
End-of-year total assets ($M) among Novamont Hourly Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Braskem America, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Braskem America, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$240M 26.238833781466088% vs 2022
2024 filing year
$180M$200M$220M$240M$260M 202220232024 $190M $240M ▲ +26.2%
Year Plans Participants Total Assets
2022 3 845 $190M
2023 2 811 $212M
2024 2 816 $240M

Braskem America, Inc. filing trail (2023)

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$11M
Net Income$376K
Employer EIN251534498
Plan Effective Date1977-02-28
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Novamont Hourly Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Novamont Hourly Pension Plan, Total assets ($B): 0.010610714 · Participants: 35Novamont Hourly Pension PlanNational Elevator Industry Pension Plan, Total assets ($B): 11.224377797 · Participants: 27434National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 6.602912146 · Participants: 47052Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.63715 · Participants: 63680The PNC Financial Services Group, Inc. Pension PlanConstellation Retirement Program, Total assets ($B): 5.323012123 · Participants: 5080Constellation Retirement ProgramThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 5.257223708 · Participants: 7374The Bank of New York Mellon Corporation Pension Plan
Novamont Hourly Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare Novamont Hourly Pension Plan side-by-side with 3 peers →

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

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Wilson, Elser, Moskowitz, Edelman & Dicker, LLP Defined Benefit Plan for Non-Legal Staff in NY ($11M); by covered participants it is Pension Plan for Salaried Employees of Timber Products Company & Affiliates in OR (35 participants). Same-state nearby plans are listed separately above.

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 Novamont Hourly Pension Plan assets move in 2023? ▼
Novamont Hourly Pension Plan edged up modestly - up 3.6% during 2023, from $10M to $11M. Reported net income was $376K.
How have Braskem America, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Braskem America, Inc.'s sponsor-wide assets grew 26.2%, from $190M to $240M.
Which Defined Benefit (Pension) plans are similar in size to Novamont Hourly Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Wilson, Elser, Moskowitz, Edelman & Dicker, LLP Defined Benefit Plan for Non-Legal Staff in NY ($11M, 73 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Novamont Hourly Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Pension Plan for Salaried Employees of Timber Products Company & Affiliates in OR (35 participants, $22M 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 251534498.

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.