Defined Benefit (Pension) · DOL Form 5500 · 2023

Union Carbide Corporation C/O the Dow Chemical Company Pension Plan

Data updated 2026-08-25

$2.4B
Total assets Very large vs avg
1,775
Participants Near avg headcount
99th
Percentile by assets National rank
$1.3M
Avg per participant High balance/head
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Official DOL plan name: Union Carbide Employees' Pension Plan · Sponsored by Union Carbide Corporation C/O the Dow Chemical Company · Michigan · Manufacturing

$2.4B in assets, 1,775 participants

Union Carbide Corporation C/O the Dow Chemical Company's Union Carbide Employees' Pension Plan reported $2.4B in total assets and 1,775 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.

  • #18,519 in Manufacturing (18,722 peers)

Coverage in Michigan

Union Carbide Employees' Pension Plan covers 1,775 participants in Michigan, 2.8x the typical Michigan plan (state average ~638 per filing). Assets: $2.4B.

#18,519
in Manufacturing (18,722 peers)
-12.5%
assets change YoY
24×
vs typical plan assets (national mean)

The plan reported a net loss of $305M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Union Carbide Employees' Pension Plan's outsized position by total assets

Union Carbide Employees' Pension Plan vs every filed plan by assets

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

$2,368,721,867 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

Union Carbide Employees' 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. Union Carbide Employees' Pension Plan lands in the large band (1,775 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Union Carbide Employees' Pension Plan reported net income rose from -$925M in the plan year 2022 filing to -$305M in the plan year 2023 filing.
  • Union Carbide Employees' Pension Plan end-of-year assets fell from $2.7B in the plan year 2022 filing to $2.4B in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 131421730 · Union Carbide Corporation C/O the Dow Chemical Company PY 2023 · Defined Benefit (Pension)

Union Carbide Employees' Pension Plan · $2.4B · 1,775 · 99th

  • IND $2.4B
  • EOY 1,775
  • 5500 99th
  • ASSETS Defined Benefit (Pension)
  • PCT near Csx Pension Plan
  • EIN ind #18519

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 Michigan →

Union Carbide Employees' Pension Plan in the asset neighbourhood

Union Carbide Employees' Pension PlanUnion Carbide Employees' Pen…$2.4BCsx Pension Plan$2.4BThe Hearst Corporation Retirement PlanThe Hearst Corporation Retir…$2.4BThe Hcsc Employee Pension PlanThe Hcsc Employee Pension Pl…$2.4BValero Energy Corporation Pension PlanValero Energy Corporation Pe…$2.4B
End-of-year total assets ($B) among Union Carbide Employees' Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$2.7B
Net Assets (End of Year)$2.3B
Net Income-$305M
Employer EIN131421730
Plan Effective Date1937-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Union Carbide Corporation C/O the Dow Chemical Company)

Sponsor-wide plan assets over time

All Union Carbide Corporation C/O the Dow Chemical Company plans reported in each filing year

Latest sponsor-wide plan assets
$2.3B 15.883921508500801% vs 2022
2024 filing year
$2.2B$2.4B$2.6B$2.8B 202220232024 $2.71B $2.28B ▼ -15.9%
Year Plans Participants Total Assets
2022 1 1,772 $2.7B
2023 1 1,775 $2.4B
2024 2 1,941 $2.3B

Nearby Defined Benefit (Pension) Plans in Michigan

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

Union Carbide Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants Scatter plot of 6 data points. 0100002000030000 01020304050 Total assets ($B) Participants Union Carbide Employees' Pension Plan, Total assets ($B): 2.368721867 · Participants: 1775Union Carbide Employees' Pension PlanGeneral Motors Hourly-Rate Employees Pension Plan, Total assets ($B): 44.838918802 · Participants: 17959General Motors Hourly-Rate Employees Pension PlanFord Motor Company UAW Retirement Plan, Total assets ($B): 19.269442236 · Participants: 26442Ford Motor Company UAW Retirement PlanFord Motor Company General Retirement Plan, Total assets ($B): 12.705910161 · Participants: 10215Ford Motor Company General Retirement PlanDow Employees' Pension Plan, Total assets ($B): 11.529460215 · Participants: 14051Dow Employees' Pension PlanFca US LLC UAW Pension Agreement, Total assets ($B): 11.155705594 · Participants: 13635Fca US LLC UAW Pension Agreement
Union Carbide Employees' Pension Plan vs. nearby Defined Benefit (Pension) plans in Michigan, assets vs. participants
Compare Union Carbide Employees' Pension Plan side-by-side with 3 peers →

Union Carbide Employees' Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Michigan, the nearest Defined Benefit (Pension) by assets is Csx Pension Plan in FL ($2.4B); by covered participants it is 32bj Connecticut Pension Fund in NY (1,776 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2.4B here).

Similar participant headcount

Nearest other-state filings by covered participants (1,775 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 Union Carbide Employees' Pension Plan assets move in 2023? ▼
Union Carbide Employees' Pension Plan pulled back noticeably - down 12.5% during 2023, from $2.7B to $2.4B. Reported net income was -$305M.
How have Union Carbide Corporation C/O the Dow Chemical Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Union Carbide Corporation C/O the Dow Chemical Company's sponsor-wide assets declined 15.9%, from $2.7B to $2.3B.
Where does Union Carbide Employees' Pension Plan rank by assets among Form 5500 filers? ▼
Union Carbide Employees' Pension 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 Defined Benefit (Pension) plans are similar in size to Union Carbide Employees' Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Csx Pension Plan in FL ($2.4B, 2,446 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Union Carbide Employees' Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is 32bj Connecticut Pension Fund in NY (1,776 participants, $78M 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 131421730.

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.