Defined Benefit (Pension) · DOL Form 5500 · 2023

Avient Corporation Pension Plan

Data updated 2026-08-11

$361M
Total assets
98
Participants
97th
Percentile by assets
$3.7M
Avg per participant
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Official DOL plan name: Avient Merged Pension Plan · Sponsored by Avient Corporation · Ohio · Manufacturing

$361M in assets, 98 participants

Avient Corporation's Avient Merged Pension Plan reported $361M in total assets and 98 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 127,072 plans)
  • #17,719 in Manufacturing (18,722 peers)

Where Avient Merged Pension Plan sits by assets

Avient Merged Pension Plan sits in the top 5% of all filed plans by assets, $361M for 98 participants (~$3.7M/participant), up 0.3% in 2023.

$361M
total plan assets (2023 EOY)
98
covered participants
97th
percentile by assets (of 127,072 plans)
$3.7M
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Avient Merged Pension Plan reported net income rose from -$125M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Avient Merged Pension Plan reported participants fell from 113 in the plan year 2022 filing to 98 in the plan year 2023 filing.
  • Avient Merged Pension Plan end-of-year assets rose from $360M in the plan year 2022 filing to $361M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Avient Merged Pension Plan vs the 2023 asset distribution

By assets, Avient Merged Pension Plan outranks 97% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 3.6x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$360M
Net Assets (End of Year)$361M
Net Income$1M
Employer EIN341730488
Plan Effective Date1993-04-29
Filing StatusFILING RECEIVED

Sponsor Plan History (Avient Corporation)

$0.9B$0.95B$1B$1.05B 202220232024 $0.93B $1.02B ▲ +9.7%
Total plan assets by year, all Avient Corporation plans on file
Year Plans Participants Total Assets
2022 2 3,013 $934M
2023 2 3,343 $989M
2024 2 3,185 $1.0B

Nearby Defined Benefit (Pension) Plans in Ohio

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

Avient Merged Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

Avient Merged Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 02468 Total assets ($B) Participants Avient Merged Pensio…Firstenergy Corp. Ma…Nationwide Retiremen…American Electric Po…Parker Defined Benef…Ohio Operating Engin…
Avient Merged Pension Plan vs. nearby Defined Benefit (Pension) plans in Ohio, assets vs. participants

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Avient Merged Pension Plan by total assets, not by location.

Frequently Asked Questions

How did Avient Merged Pension Plan assets move in 2023?
Avient Merged Pension Plan held essentially flat - up 0.3% during 2023, from $360M to $361M. Reported net income was $1M.
How have Avient Corporation plan assets changed over time?
Across 3 plan years on file (2022-2024), Avient Corporation's sponsor-wide assets grew 9.4%, from $934M to $1.0B.
Where does Avient Merged Pension Plan rank by assets among Form 5500 filers?
Avient Merged Pension Plan ranks in the 97th 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 Defined Benefit (Pension) plans are similar in size to Avient Merged Pension Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is New Century Energies, Inc. Retirement Plan for Southwestern Public Service Co. Bargaining Unit Ee and Former Non-Bargaining Unit Employees in MN ($362M, 848 participants).

Next read for Avient Merged Pension Plan

Scale reading

Ways to act on Avient Merged Pension Plan's numbers.