401(k) · DOL Form 5500 · 2024

Covestro LLC 401(k) Plan

Data updated 2026-08-25

$1.6B
Total assets Very large vs avg
2,561
Participants Above avg headcount
99th
Percentile by assets National rank
$612,717
Avg per participant High balance/head
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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.

  • #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.

#17,460
in Manufacturing (17,777 peers)
+8.8%
assets growth YoY
16×
vs typical plan assets (national mean)

Covestro LLC Savings and Retirement Plan's outsized position by total assets

Covestro LLC Savings and Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$1,569,167,276 Top 1% higher than 99% of 123,620 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 2024

Covestro LLC Savings and Retirement Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Covestro LLC Savings and Retirement Plan lands in the large band (2,561 participants).

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.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 061653740 · Covestro LLC PY 2024 · 401(k)

Covestro LLC Savings and Retirement Plan · $1.6B · 2,561 · 99th

  • RANK $1.6B
  • PHOTO 2,561
  • IND 99th
  • EOY 401(k)
  • 5500 near State Employees' Credit Union Retirement Savings Plan
  • ASSETS ind #17460

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 Pennsylvania →

Covestro LLC Savings and Retirement Plan in the asset neighbourhood

Covestro LLC Savings and Retirement PlanCovestro LLC Savings and Ret…$1.6BState Employees' Credit Union Retirement Savings PlanState Employees' Credit Unio…$1.6BSlalom 401(k) Plan$1.6BIac Inc. Retirement Savings PlanIac Inc. Retirement Savings …$1.6BSteward Health Care 401(k) Retirement Savings PlanSteward Health Care 401(k) R…$1.6B
End-of-year total assets ($B) among Covestro LLC Savings and Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$1.4B
Net Assets (End of Year)$1.6B
Net Income$127M
Employer EIN061653740
Plan Effective Date2015-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Covestro LLC)

Sponsor-wide plan assets over time

All Covestro LLC plans reported in each filing year

Latest sponsor-wide plan assets
$1.8B 15.757136978338021% vs 2022
2024 filing year
$1.5B$1.6B$1.7B$1.8B 202220232024 $1.53B $1.77B ▲ +15.7%
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 Scatter plot of 6 data points. -20000020000400006000080000100000 0510152025 Total assets ($B) Participants Covestro LLC Savings and Retirement Plan, Total assets ($B): 1.569167276 · Participants: 2561Covestro LLC Savings and Retirement PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 19.687957793 · Participants: 90495Comcast Corporation Retirement - Investment PlanThe Cigna Group 401(k) Plan, Total assets ($B): 14.20308608 · Participants: 63634The Cigna Group 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 11.084818612 · Participants: 18066The Vanguard Retirement and Savings PlanThermo Fisher Scientific Inc. 401(k) Retirement Plan, Total assets ($B): 10.263366209 · Participants: 36150Thermo Fisher Scientific Inc. 401(k) Retirement PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 10.189629 · Participants: 54604The PNC Financial Services Group, Inc. Incentive Savings Plan
Covestro LLC Savings and Retirement Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Covestro LLC Savings and Retirement Plan side-by-side with 3 peers →

Covestro LLC Savings and Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is State Employees' Credit Union Retirement Savings Plan in NC ($1.6B); by covered participants it is United Bankshares, Inc. Savings and Stock Investment Plan in WV (2,561 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($1.6B here).

Similar participant headcount

Nearest other-state filings by covered participants (2,561 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Covestro LLC Savings and Retirement Plan assets move in 2024? ▼
Covestro LLC Savings and Retirement Plan grew at a solid clip - up 8.8% during 2024, from $1.4B to $1.6B. Reported net income was $127M.
How have Covestro LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Covestro LLC's sponsor-wide assets grew 15.8%, from $1.5B to $1.8B.
Where does Covestro LLC Savings and Retirement Plan rank by assets among Form 5500 filers? ▼
Covestro LLC Savings and Retirement Plan ranks in the 99th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Covestro LLC Savings and Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is State Employees' Credit Union Retirement Savings Plan in NC ($1.6B, 7,854 participants).
Which 401(k) plans cover a similar participant headcount to Covestro LLC Savings and Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is United Bankshares, Inc. Savings and Stock Investment Plan in WV (2,561 participants, $249M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 061653740.

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.