401(k) · DOL Form 5500 · 2023

Lanxess Corporation 401(k) Plan

Data updated 2026-08-11

$764M
Total assets
2,319
Participants
98th
Percentile by assets
$329,511
Avg per participant
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Official DOL plan name: Lanxess Corporation Defined Contribution Plan · Sponsored by Lanxess Corporation · Pennsylvania · Manufacturing

$764M in assets, 2,319 participants

Lanxess Corporation's Lanxess Corporation Defined Contribution Plan reported $764M in total assets and 2,319 participants in its 2023 DOL Form 5500 filing, ranking in the 98th 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.

  • 98th percentile by assets (of 127,072 plans)
  • #18,143 in Manufacturing (18,722 peers)

Coverage in Pennsylvania

Lanxess Corporation Defined Contribution Plan covers 2,319 participants in Pennsylvania, 2.8x the typical Pennsylvania plan (state average ~822 per filing). Assets: $764M.

$764M
total plan assets (2023 EOY)
2,319
covered participants
98th
percentile by assets (of 127,072 plans)
$329,511
avg assets per participant

Where Lanxess Corporation Defined Contribution Plan sits by total assets

Lanxess Corporation Defined Contribution Plan vs every filed plan by assets

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

$764,135,562 Top 2% higher than 98% of 127,068 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Lanxess Corporation Defined Contribution Plan reported net income rose from -$132M in the plan year 2022 filing to $85M in the plan year 2023 filing.
  • Lanxess Corporation Defined Contribution Plan reported participants rose from 1,836 in the plan year 2022 filing to 2,319 in the plan year 2023 filing.
  • Lanxess Corporation Defined Contribution Plan end-of-year assets rose from $691M in the plan year 2022 filing to $764M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Participants vs Pennsylvania filers

In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Lanxess Corporation Defined Contribution Plan reports 2,319 participants - 2.8x that state average ($764M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$691M
Net Assets (End of Year)$764M
Net Income$85M
Employer EIN260081950
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Lanxess Corporation)

$800M$850M$900M$950M 202220232024 $850M $921M ▲ +8.3%
Total plan assets by year, all Lanxess Corporation plans on file
Year Plans Participants Total Assets
2022 2 2,031 $850M
2023 2 2,486 $918M
2024 2 2,183 $921M

Nearby 401(k) Plans in Pennsylvania

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

Lanxess Corporation Defined Contribution Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Lanxess Corporation Defined Contribution Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -505101520 Total assets ($B) Participants Lanxess Corporation …Comcast Corporation …Cigna 401(k) PlanThe Vanguard Retirem…The PNC Financial Se…The Bank of New York…
Lanxess Corporation Defined Contribution Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Lanxess Corporation Defined Contribution Plan by total assets, not by location.

Frequently Asked Questions

How did Lanxess Corporation Defined Contribution Plan assets move in 2023?
Lanxess Corporation Defined Contribution Plan grew at a solid clip - up 10.6% during 2023, from $691M to $764M. Reported net income was $85M.
How have Lanxess Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Lanxess Corporation's sponsor-wide assets grew 8.3%, from $850M to $921M.
Where does Lanxess Corporation Defined Contribution Plan rank by assets among Form 5500 filers?
Lanxess Corporation Defined Contribution Plan ranks in the 98th percentile by end-of-year assets among 127,072 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 Lanxess Corporation Defined Contribution Plan?
Among 401(k) plans in other states, the closest by assets is Caes 401(k) Plan in CA ($765M, 3,593 participants).

Next read for Lanxess Corporation Defined Contribution…

Filing takeaways

Ways to act on Lanxess Corporation Defined Contribution Plan's numbers.

  • By total assets, Lanxess Corporation Defined Contribution Plan ranks in the top 5% of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar 401(k) plans in Pennsylvania. Compare plans
  • Lanxess Corporation's sponsor-wide assets have grown 8.3% since 2022 across 3 plan years on file. More Manufacturing plans