401(k) · DOL Form 5500 · 2024

Lanxess Corporation 401(k) Plan

Data updated 2026-08-11

$806M
Total assets
2,034
Participants
98th
Percentile by assets
$396,430
Avg per participant
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Official DOL plan name: Lanxess Corporation Defined Contribution Plan · Sponsored by Lanxess Corporation · Pennsylvania · Manufacturing

$806M in assets, 2,034 participants

Lanxess Corporation's Lanxess Corporation Defined Contribution Plan reported $806M in total assets and 2,034 participants in its 2024 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 123,622 plans)
  • #17,227 in Manufacturing (17,777 peers)

Coverage in Pennsylvania

Lanxess Corporation Defined Contribution Plan covers 2,034 participants in Pennsylvania, 2.5x the typical Pennsylvania plan (state average ~822 per filing). Assets: $806M.

$806M
total plan assets (2024 EOY)
2,034
covered participants
98th
percentile by assets (of 123,622 plans)
$396,430
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Lanxess Corporation Defined Contribution Plan reported net income fell from $85M in the plan year 2023 filing to $42M in the plan year 2024 filing.
  • Lanxess Corporation Defined Contribution Plan reported participants fell from 2,319 in the plan year 2023 filing to 2,034 in the plan year 2024 filing.
  • Lanxess Corporation Defined Contribution Plan end-of-year assets rose from $764M in the plan year 2023 filing to $806M in the plan year 2024 filing.

See the national 2023→2024 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 2,034 participants - 2.5x that state average ($806M EOY assets).

Pennsylvania filing particulars

Total Assets (Beginning of Year)$764M
Net Assets (End of Year)$806M
Net Income$42M
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 -50510152025 Total assets ($B) Participants Lanxess Corporation …Comcast Corporation …The Cigna Group 401(…The Vanguard Retirem…Thermo Fisher Scient…The PNC Financial Se…
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 2024?
Lanxess Corporation Defined Contribution Plan grew at a solid clip - up 5.5% during 2024, from $764M to $806M. Reported net income was $42M.
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 123,622 plans that reported assets for plan year 2024 (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 Sparrow Health System Associate Retirement Savings Plan in MI ($807M, 4,261 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