401(k) · DOL Form 5500 · 2024
Covestro LLC 401(k) Plan
Data updated 2026-08-11
- $1.6B
- Total assets
- 2,561
- Participants
- 99th
- Percentile by assets
- $612,717
- Avg per participant
Official DOL plan name: Covestro LLC Savings and Retirement Plan · Sponsored by Covestro LLC · Pennsylvania · Manufacturing
$1.6B in assets, 2,561 participants
Covestro LLC's Covestro LLC Savings and Retirement Plan reported $1.6B in total assets and 2,561 participants in its 2024 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 123,622 plans)
- #17,460 in Manufacturing (17,777 peers)
Coverage in Pennsylvania
Covestro LLC Savings and Retirement Plan covers 2,561 participants in Pennsylvania, 3.1x the typical Pennsylvania plan (state average ~822 per filing). Assets: $1.6B.
- $1.6B
- total plan assets (2024 EOY)
- 2,561
- covered participants
- 99th
- percentile by assets (of 123,622 plans)
- $612,717
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Covestro LLC Savings and Retirement Plan reported net income fell from $154M in the plan year 2023 filing to $127M in the plan year 2024 filing.
- Covestro LLC Savings and Retirement Plan end-of-year assets rose from $1.4B in the plan year 2023 filing to $1.6B in the plan year 2024 filing.
- Covestro LLC Savings and Retirement Plan reported participants fell from 2,625 in the plan year 2023 filing to 2,561 in the plan year 2024 filing.
Participants vs Pennsylvania filers
In Pennsylvania, the average filing covers about 822 participants across 5,751 plans. Covestro LLC Savings and Retirement Plan reports 2,561 participants - 3.1x that state average ($1.6B EOY assets).
Pennsylvania filing particulars
| Total Assets (Beginning of Year) | $1.4B |
|---|---|
| Net Assets (End of Year) | $1.6B |
| Net Income | $127M |
| Employer EIN | 061653740 |
| Plan Effective Date | 2015-09-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Covestro LLC)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 3,496 | $1.5B |
| 2023 | 2 | 3,262 | $1.7B |
| 2024 | 2 | 3,149 | $1.8B |
Nearby 401(k) Plans in Pennsylvania
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Covestro LLC Savings and Retirement Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
- Comcast Corporation Retirement - Investment Plan $19.7B · 90,495
- The Cigna Group 401(k) Plan $14.2B · 63,634
- The Vanguard Retirement and Savings Plan $11.1B · 18,066
- Thermo Fisher Scientific Inc. 401(k) Retirement Plan $10.3B · 36,150
- The PNC Financial Services Group, Inc. Incentive Savings Plan $10.2B · 54,604
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Covestro LLC Savings and Retirement Plan by total assets, not by location.
- State Employees' Credit Union Retirement Savings Plan (NC) $1.6B · 7,854
- Slalom 401(k) Plan (WA) $1.6B · 9,679
- Steward Health Care 401(k) Retirement Savings Plan (TX) $1.6B · 29,533
- Iac Inc. Retirement Savings Plan (NY) $1.6B · 8,079
Frequently Asked Questions
How did Covestro LLC Savings and Retirement Plan assets move in 2024? ▼
How have Covestro LLC plan assets changed over time? ▼
Where does Covestro LLC Savings and Retirement Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Covestro LLC Savings and Retirement Plan? ▼
Next read for Covestro LLC Savings and Retirement Plan
Filing takeaways
Ways to act on Covestro LLC Savings and Retirement Plan's numbers.
- By total assets, Covestro LLC Savings and Retirement Plan ranks among the largest 1% of all filed plans. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Pennsylvania. Compare plans
- Covestro LLC's sponsor-wide assets have grown 15.8% since 2022 across 3 plan years on file. More Manufacturing plans