Defined Benefit (Pension) · DOL Form 5500 · 2024

Braskem America, Inc. Pension Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
31
Participants Small participant base
56th
Percentile by assets National rank
$325,391
Avg per participant High balance/head
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Official DOL plan name: Novamont Hourly Pension Plan · Sponsored by Braskem America, Inc. · Pennsylvania · Manufacturing

$10M in assets, 31 participants

Braskem America, Inc.'s Novamont Hourly Pension Plan reported $10M in total assets and 31 participants in its 2024 DOL Form 5500 filing, ranking in the 56th 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.

  • #7,427 in Manufacturing (17,777 peers)

Braskem America, Inc. multi-year trail

Braskem America, Inc.'s plans moved +26.2% in assets from 2022 to 2024; this filing shows Novamont Hourly Pension Plan at $10M / 31 participants.

#7,427
in Manufacturing (17,777 peers)
-4.9%
assets change YoY

The plan reported a net loss of $525K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Novamont Hourly Pension Plan's mid-pack asset rank among Manufacturing and all filers

Novamont Hourly Pension Plan vs every filed plan by assets

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

$10,087,123 Top 44% higher than 56% 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

Novamont Hourly Pension Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Novamont Hourly Pension Plan is a small filing (31 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Novamont Hourly Pension Plan reported net income fell from $376K in the plan year 2023 filing to -$525K in the plan year 2024 filing.
  • Novamont Hourly Pension Plan reported participants fell from 35 in the plan year 2023 filing to 31 in the plan year 2024 filing.
  • Novamont Hourly Pension Plan end-of-year assets fell from $11M in the plan year 2023 filing to $10M in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 251534498 · Braskem America, Inc. PY 2024 · Defined Benefit (Pension)

Novamont Hourly Pension Plan · $10M · 31 · 56th

  • NET $10M
  • NET 31
  • NET 56th
  • NET Defined Benefit (Pension)
  • NET near Bank of Commerce & Trust Company Pension Plan
  • NET ind #7427

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 →

Novamont Hourly Pension Plan in the asset neighbourhood

Gannett Retirement Plan for Certain Union EmployeesGannett Retirement Plan for …$10MNovamont Hourly Pension Plan$10MBank of Commerce & Trust Company Pension PlanBank of Commerce & Trust Com…$10MR'ment Plan for Hrly Ees of Viscofan USA, Inc by the Union of the Ny Joint Board of UniteR'ment Plan for Hrly Ees of …$10MStrippit, Inc. Pension Plan for Hourly EmployeesStrippit, Inc. Pension Plan …$10M
End-of-year total assets ($M) among Novamont Hourly Pension Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Braskem America, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Braskem America, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$240M 26.238833781466088% vs 2022
2024 filing year
$180M$200M$220M$240M$260M 202220232024 $190M $240M ▲ +26.2%
Year Plans Participants Total Assets
2022 3 845 $190M
2023 2 811 $212M
2024 2 816 $240M

Braskem America, Inc. filing trail (2024)

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$10M
Net Income-$525K
Employer EIN251534498
Plan Effective Date1977-02-28
Filing StatusFILING RECEIVED

Nearby Defined Benefit (Pension) Plans in Pennsylvania

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

Novamont Hourly Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Novamont Hourly Pension Plan, Total assets ($B): 0.010087123 · Participants: 31Novamont Hourly Pension PlanNational Elevator Industry Pension Plan, Total assets ($B): 12.213235301 · Participants: 28308National Elevator Industry Pension PlanSteelworkers Pension Trust, Total assets ($B): 7.234971663 · Participants: 46110Steelworkers Pension TrustThe PNC Financial Services Group, Inc. Pension Plan, Total assets ($B): 5.528998 · Participants: 58779The PNC Financial Services Group, Inc. Pension PlanThe Bank of New York Mellon Corporation Pension Plan, Total assets ($B): 5.178651926 · Participants: 6387The Bank of New York Mellon Corporation Pension PlanConstellation Retirement Program, Total assets ($B): 5.003720253 · Participants: 4809Constellation Retirement Program
Novamont Hourly Pension Plan vs. nearby Defined Benefit (Pension) plans in Pennsylvania, assets vs. participants
Compare Novamont Hourly Pension Plan side-by-side with 3 peers →

Novamont Hourly Pension Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Pennsylvania, the nearest Defined Benefit (Pension) by assets is Bank of Commerce & Trust Company Pension Plan in LA ($10M); by covered participants it is Sbera Pension Plan as Adopted by Walpole Co-Operative Bank in MA (31 participants). Same-state nearby plans are listed separately above.

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 Novamont Hourly Pension Plan assets move in 2024? ▼
Novamont Hourly Pension Plan edged down modestly - down 4.9% during 2024, from $11M to $10M. Reported net income was -$525K.
How have Braskem America, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Braskem America, Inc.'s sponsor-wide assets grew 26.2%, from $190M to $240M.
Which Defined Benefit (Pension) plans are similar in size to Novamont Hourly Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Bank of Commerce & Trust Company Pension Plan in LA ($10M, 30 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Novamont Hourly Pension Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Sbera Pension Plan as Adopted by Walpole Co-Operative Bank in MA (31 participants, $13M 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 251534498.

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.