Defined Benefit (Pension) · DOL Form 5500 · 2023
Cytec Industries Inc. Pension Plan
Data updated 2026-08-11
- $969M
- Total assets
- 2,819
- Participants
- 99th
- Percentile by assets
- $343,570
- Avg per participant
Official DOL plan name: Solvay & Cytec Companies Pension Plan · Sponsored by Cytec Industries Inc. · New Jersey · Manufacturing
$969M in assets, 2,819 participants
Cytec Industries Inc.'s Solvay & Cytec Companies Pension Plan reported $969M in total assets and 2,819 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.
- 99th percentile by assets (of 127,072 plans)
- #18,247 in Manufacturing (18,722 peers)
Coverage in New Jersey
Solvay & Cytec Companies Pension Plan covers 2,819 participants in New Jersey, 3.3x the typical New Jersey plan (state average ~844 per filing). Assets: $969M.
- $969M
- total plan assets (2023 EOY)
- 2,819
- covered participants
- 99th
- percentile by assets (of 127,072 plans)
- $343,570
- avg assets per participant
The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Where Solvay & Cytec Companies Pension Plan sits by total assets
Solvay & Cytec Companies Pension Plan vs every filed plan by assets
End-of-year total assets · plan year 2023 · DOL Form 5500
$968,523,199 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
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Solvay & Cytec Companies Pension Plan reported participants rose from 989 in the plan year 2022 filing to 2,819 in the plan year 2023 filing.
- Solvay & Cytec Companies Pension Plan reported net income rose from -$155M in the plan year 2022 filing to -$4M in the plan year 2023 filing.
- Solvay & Cytec Companies Pension Plan end-of-year assets fell from $1.1B in the plan year 2022 filing to $969M in the plan year 2023 filing.
Participants vs New Jersey filers
In New Jersey, the average filing covers about 844 participants across 4,145 plans. Solvay & Cytec Companies Pension Plan reports 2,819 participants - 3.3x that state average ($969M EOY assets).
New Jersey filing particulars
| Total Assets (Beginning of Year) | $1.1B |
|---|---|
| Net Assets (End of Year) | $832M |
| Net Income | -$4M |
| Employer EIN | 223268660 |
| Plan Effective Date | 1994-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Cytec Industries Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 989 | $1.1B |
| 2023 | 1 | 2,819 | $969M |
| 2024 | 1 | 2,073 | $418M |
Nearby Defined Benefit (Pension) Plans in New Jersey
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
Solvay & Cytec Companies Pension Plan vs. nearby Defined Benefit (Pension) plans in New Jersey, assets vs. participants
- Retirement Plan of Johnson and Johnson $21.2B · 37,749
- JPMorgan Chase Retirement Plan $16.3B · 90,644
- Nokia Retirement Income Plan $13.9B · 7,492
- The Prudential Merged Retirement Plan $12.2B · 16,230
- Verizon Pension Plan for Associates $10.9B · 23,778
Similar-Sized Defined Benefit (Pension) Plans Nationally
Defined Benefit (Pension) plans in other states closest to Solvay & Cytec Companies Pension Plan by total assets, not by location.
- Kimberly-Clark Corporation Pension Plan (WI) $970M · 1,690
- The Wellspan Health System Merged Pension Plan (PA) $971M · 3,568
- Rio Tinto America Inc. Retirement Plan (UT) $972M · 1,644
- Western Connecticut Health Network Pension Plan (CT) $964M · 1,570
Frequently Asked Questions
How did Solvay & Cytec Companies Pension Plan assets move in 2023? ▼
How have Cytec Industries Inc. plan assets changed over time? ▼
Where does Solvay & Cytec Companies Pension Plan rank by assets among Form 5500 filers? ▼
Which Defined Benefit (Pension) plans are similar in size to Solvay & Cytec Companies Pension Plan? ▼
Next read for Solvay & Cytec Companies Pension Plan
Filing takeaways
Ways to act on Solvay & Cytec Companies Pension Plan's numbers.
- By total assets, Solvay & Cytec Companies Pension Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar Defined Benefit (Pension) plans in New Jersey. Compare plans
- Cytec Industries Inc.'s sponsor-wide assets have declined 60.4% since 2022 across 3 plan years on file. More Manufacturing plans